Smithbridge Asset Management Inc. DE Invests $1.40 Million in McDonald’s Corporation $MCD

Posted by Francis Steltz on Jul 2nd, 2026

Smithbridge Asset Management Inc. DE acquired a new position in McDonald’s Corporation (NYSE:MCD – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,489 shares of the fast-food giant’s stock, valued at approximately $1,395,000.

Other hedge funds also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new stake in McDonald’s in the fourth quarter worth about $27,000. Park Place Capital Corp grew its stake in shares of McDonald’s by 95.7% during the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock worth $28,000 after acquiring an additional 45 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of McDonald’s during the fourth quarter valued at about $29,000. Abound Financial LLC acquired a new position in shares of McDonald’s during the fourth quarter valued at about $30,000. Finally, DecisionPoint Financial LLC raised its position in shares of McDonald’s by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after purchasing an additional 97 shares during the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at McDonald’s

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares in the company, valued at $1,744,760.48. The trade was a 30.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the sale, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 11,307 shares of company stock valued at $3,262,622. 0.26% of the stock is currently owned by corporate insiders.

McDonald’s Stock Down 0.2%

Shares of NYSE MCD opened at $269.78 on Thursday. McDonald’s Corporation has a 52 week low of $264.53 and a 52 week high of $341.75. The business’s 50 day moving average price is $281.07 and its 200 day moving average price is $303.64. The firm has a market cap of $191.68 billion, a P/E ratio of 22.24, a P/E/G ratio of 2.69 and a beta of 0.41.

McDonald’s (NYSE:MCD – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.09. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The company had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same period last year, the firm posted $2.67 EPS. McDonald’s’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, research analysts expect that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s dividend payout ratio is presently 61.34%.

Analysts Set New Price Targets

MCD has been the subject of a number of recent analyst reports. Cfra upgraded shares of McDonald’s to a “buy” rating in a research note on Friday, May 8th. TD Cowen restated a “hold” rating on shares of McDonald’s in a research note on Friday, June 12th. JPMorgan Chase & Co. decreased their price target on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Morgan Stanley set a $331.00 price objective on shares of McDonald’s in a research note on Friday, May 8th. Finally, Wells Fargo & Company dropped their price objective on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Sixteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and a consensus target price of $335.70.

View Our Latest Analysis on McDonald’s

More McDonald’s News

Here are the key news stories impacting McDonald’s this week:

Positive Sentiment: McDonald’s is nearing Dividend King status, and its dividend yield has risen to nearly 2.8%, which may attract income-focused investors looking to accumulate shares at lower levels. This Wannabe Dividend King Had a Tough H1. Expect Some Relief in H2.
Positive Sentiment: Wall Street brokerage sentiment remains constructive, with the average recommendation on McDonald’s still effectively a Buy, reinforcing the view that analysts see upside from current levels. Brokers Suggest Investing in McDonald’s (MCD): Read This Before Placing a Bet
Positive Sentiment: McDonald’s hired Bryan Brown as U.S. chief development officer, a move that could support domestic expansion and long-term growth. McDonald’s names Bryan Brown U.S. chief development officer
Positive Sentiment: Articles highlighting McDonald’s stock as potentially having “hit bottom” may be encouraging bargain-hunting after the recent weakness. McDonald’s Corp Stock May Have Hit Bottom – Ways to Play MCD Stock
Neutral Sentiment: Promotions such as discounted Big Macs, FIFA collectibles, and menu nostalgia pieces may help brand engagement, but they are unlikely to move the stock materially on their own.
Negative Sentiment: One article says McDonald’s remains close to 52-week lows because of margin pressure from franchises and weakening foot traffic, which is the main bearish narrative weighing on the shares. Should You Buy McDonald’s (MCD) At 52-Week Lows
Negative Sentiment: Customer complaints about hidden upcharges and dissatisfaction with new menu items could add to concerns about pricing backlash and weaker consumer sentiment. McDonald’s customers furious to discover new hidden upcharge on classic menu item: ‘That’s really shady’

McDonald’s Company Profile

(Free Report)

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.