Strs Ohio Purchases 51,558 Shares of McDonald’s Corporation $MCD

Posted by Brenda Bartman on Jul 3rd, 2026

Strs Ohio lifted its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 24.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 258,551 shares of the fast-food giant’s stock after purchasing an additional 51,558 shares during the quarter. Strs Ohio’s holdings in McDonald’s were worth $80,355,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Stevens Capital Partners acquired a new stake in McDonald’s in the 1st quarter valued at $227,000. Heritage Investors Management Corp lifted its stake in shares of McDonald’s by 0.3% in the first quarter. Heritage Investors Management Corp now owns 104,532 shares of the fast-food giant’s stock valued at $32,488,000 after buying an additional 321 shares in the last quarter. TSG Advice Partners LLC lifted its stake in shares of McDonald’s by 0.9% in the first quarter. TSG Advice Partners LLC now owns 5,408 shares of the fast-food giant’s stock valued at $1,681,000 after buying an additional 49 shares in the last quarter. KPP Advisory Services LLC grew its holdings in shares of McDonald’s by 3.5% during the first quarter. KPP Advisory Services LLC now owns 6,251 shares of the fast-food giant’s stock valued at $1,943,000 after buying an additional 211 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE acquired a new position in shares of McDonald’s during the first quarter valued at about $1,395,000. 70.29% of the stock is currently owned by institutional investors.

McDonald’s Stock Performance

McDonald’s stock opened at $280.48 on Friday. McDonald’s Corporation has a fifty-two week low of $264.53 and a fifty-two week high of $341.75. The stock has a market cap of $199.28 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 2.68 and a beta of 0.41. The firm’s 50-day simple moving average is $280.65 and its 200 day simple moving average is $303.38.

McDonald’s (NYSE:MCD – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same quarter last year, the business posted $2.67 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, analysts predict that McDonald’s Corporation will post 12.93 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, June 2nd. McDonald’s’s dividend payout ratio (DPR) is 61.34%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. TD Cowen restated a “hold” rating on shares of McDonald’s in a report on Friday, June 12th. BTIG Research reissued a “buy” rating and set a $370.00 price objective on shares of McDonald’s in a report on Thursday, May 7th. KeyCorp lowered their price objective on McDonald’s from $330.00 to $315.00 and set an “overweight” rating for the company in a research note on Monday. Royal Bank Of Canada restated a “sector perform” rating on shares of McDonald’s in a report on Tuesday, June 23rd. Finally, Tigress Financial lifted their target price on McDonald’s from $360.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $335.70.

Get Our Latest Research Report on McDonald’s

Insiders Place Their Bets

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

McDonald’s News Roundup

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

Positive Sentiment: McDonald’s is generating fresh consumer buzz with promotions and menu activity, including free fries for National Fry Day, a rumored new drink lineup, a July 14 BT21 Happy Meal tie-in, and the rollout of 10 new chicken menu items, which could support traffic and near-term sales. Article Title
Positive Sentiment: McDonald’s also announced Bryan Brown, a former Raising Cane’s executive, as U.S. chief development officer, a move tied to the company’s NEXT strategy and restaurant redesign efforts that could support long-term unit growth and operational improvements. Article Title
Positive Sentiment: Analyst and dividend-focused coverage remains supportive, with brokers still leaning “Buy” and commentary highlighting McDonald’s rising dividend as a signal of financial resilience for income investors. Article Title
Neutral Sentiment: McDonald’s continued to attract attention as a defensive name in a strong but mixed market session, helping keep the stock in focus alongside broader Dow strength. Article Title
Negative Sentiment: Some coverage continues to emphasize pressure on franchisees, weaker consumer foot traffic, and margin strain, suggesting investors are still weighing whether the turnaround strategy can offset operating headwinds. Article Title

About McDonald’s

(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.