Hengehold Capital Management LLC Buys 3,351 Shares of McDonald’s Corporation $MCD

Posted by Brian Himes on Oct 17th, 2026

Hengehold Capital Management LLC boosted its stake in McDonald’s Corporation (NYSE:MCD – Free Report) by 22.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,266 shares of the fast-food giant’s stock after acquiring an additional 3,351 shares during the period. Hengehold Capital Management LLC’s holdings in McDonald’s were worth $4,218,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of McDonald’s during the second quarter worth about $1,359,276,000. Diamant Asset Management Inc. lifted its holdings in shares of McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after purchasing an additional 2,587,986 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of McDonald’s by 94.7% in the 4th quarter. Corient Private Wealth LLC now owns 1,644,109 shares of the fast-food giant’s stock valued at $502,489,000 after purchasing an additional 799,462 shares during the period. Bessemer Group Inc. boosted its position in shares of McDonald’s by 132.1% in the 1st quarter. Bessemer Group Inc. now owns 1,325,880 shares of the fast-food giant’s stock valued at $412,071,000 after purchasing an additional 754,596 shares during the period. Finally, State Street Corp boosted its position in shares of McDonald’s by 1.8% in the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock valued at $9,752,921,000 after purchasing an additional 646,675 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s News Summary

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

Positive Sentiment: McDonald’s is bringing back a popular limited-time meal, while Halloween Boo Buckets are returning with a Disney-themed design. The promotions could support traffic, customer engagement and comparable-store sales. McDonald’s Is Bringing Back a Fan-Favorite Meal
Positive Sentiment: McDonald’s dividend remains a key attraction: the company has joined the “Dividend King” group after decades of consecutive increases. Income-oriented investors may view the yield above 3% and recurring franchise cash flow favorably. McDonald’s Dividend King Status
Positive Sentiment: Unusually heavy call-option activity and a broader rotation from technology into beaten-down consumer stocks may be providing additional short-term support for MCD. Consumer Stocks Get a Lift as Investors Rotate Out of Tech
Neutral Sentiment: Analysts and market commentators generally see the stock as near fair value following its dividend increase. McDonald’s has fallen substantially this year, but investors still need evidence that cash-flow and earnings growth can justify the valuation. McDonald’s May Trade Near Fair Value
Neutral Sentiment: The company’s planned multibillion-dollar modernization, including drive-thru technology and the “Archy” AI initiative, could improve efficiency over time, although execution and return-on-investment risks remain. McDonald’s Overhaul and AI Drive-Thru
Negative Sentiment: McDonald’s faces a challenging third-quarter outlook, with weak U.S. sales and questions about value-menu execution. Renewed promotions and operational fixes will need to translate into sustained traffic and earnings growth. Challenging Q3 Outlook
Negative Sentiment: Some investors argue that an attractive dividend alone is insufficient because the stock’s valuation leaves limited room for disappointment if sales and earnings remain pressured. McDonald’s Dividend Yield and Valuation

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MCD shares. Deutsche Bank Aktiengesellschaft dropped their price target on McDonald’s from $325.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, September 14th. Evercore decreased their price objective on McDonald’s from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, September 24th. Freedom Capital raised McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Argus lowered their target price on shares of McDonald’s from $320.00 to $310.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Finally, Wells Fargo & Company cut their target price on shares of McDonald’s from $300.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, McDonald’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.94.

View Our Latest Report on MCD

McDonald’s Price Performance

Shares of NYSE:MCD traded up $0.49 on Friday, reaching $242.99. The company’s stock had a trading volume of 7,235,673 shares, compared to its average volume of 6,700,715. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The stock has a market capitalization of $171.95 billion, a P/E ratio of 19.74, a PEG ratio of 2.72 and a beta of 0.44. The stock’s 50-day moving average is $252.05 and its two-hundred day moving average is $272.09.

McDonald’s (NYSE:MCD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same quarter in the prior year, the firm earned $3.19 earnings per share. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities analysts forecast that McDonald’s Corporation will post 12.84 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 annualized dividend and a yield of 3.2%. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

McDonald’s Company Profile

(Free Report)

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.