Nordea Investment Management AB Reduces Stock Holdings in McDonald’s Corporation $MCD

Nordea Investment Management AB cut its position in McDonald’s Corporation (NYSE:MCD) by 8.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 541,090 shares of the fast-food giant’s stock after selling 49,205 shares during the quarter. Nordea Investment Management AB owned about 0.08% of McDonald’s worth $163,831,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. lifted its holdings in McDonald’s by 142.9% during the second quarter. Decker Retirement Planning Inc. now owns 85 shares of the fast-food giant’s stock valued at $25,000 after purchasing an additional 50 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of McDonald’s in the second quarter valued at approximately $25,000. Evergreen Private Wealth LLC lifted its stake in shares of McDonald’s by 162.5% during the 3rd quarter. Evergreen Private Wealth LLC now owns 84 shares of the fast-food giant’s stock valued at $26,000 after buying an additional 52 shares in the last quarter. GFG Capital LLC bought a new position in McDonald’s in the 2nd quarter worth approximately $29,000. Finally, Financial Gravity Companies Inc. purchased a new position in McDonald’s in the 2nd quarter valued at approximately $29,000. Institutional investors own 70.29% of the company’s stock.

Wall Street Analyst Weigh In

MCD has been the topic of several recent research reports. Citigroup dropped their target price on McDonald’s from $381.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, October 21st. Piper Sandler reiterated a “neutral” rating and set a $325.00 price objective on shares of McDonald’s in a research note on Wednesday, October 22nd. BMO Capital Markets restated an “outperform” rating on shares of McDonald’s in a research note on Thursday, November 6th. Oppenheimer upgraded McDonald’s from a “market perform” rating to an “outperform” rating and set a $355.00 price target on the stock in a research report on Tuesday, January 6th. Finally, Guggenheim increased their price target on shares of McDonald’s from $295.00 to $310.00 and gave the stock a “neutral” rating in a report on Wednesday, November 19th. Thirteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $328.88.

Insider Transactions at McDonald’s

In related news, EVP Manuel Jm Steijaert sold 13,134 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $300.42, for a total value of $3,945,716.28. Following the transaction, the executive vice president owned 4,606 shares of the company’s stock, valued at $1,383,734.52. This represents a 74.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ian Frederick Borden sold 17,134 shares of McDonald’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $310.00, for a total value of $5,311,540.00. Following the sale, the chief financial officer directly owned 26,353 shares of the company’s stock, valued at approximately $8,169,430. This trade represents a 39.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 45,142 shares of company stock worth $13,841,169 in the last three months. Insiders own 0.25% of the company’s stock.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: Analyst take: a recent Motley Fool piece argues MCD lagged 2025’s rally but could be close to a rare corporate milestone that would justify upside, making shares look attractive to some investors. Article Title
• Positive Sentiment: McDonald’s Canada locked $5 meal pricing for a full year — a rare, consumer-friendly move that should support traffic and PR in a key market, though it may pressure short-term margins. Article Title
• Positive Sentiment: McDonald’s is expanding marketing promotions (Pokémon Happy Meal return) and new menu stunts (its biggest burger), both likely to drive traffic and incremental sales in the near term. Article Title Article Title
• Positive Sentiment: Company-level initiatives: reports highlight a push to use AI across services and operations — a potential source of longer-term cost savings and efficiency gains that investors typically reward. Article Title
• Positive Sentiment: International resilience noted by analysts: Zacks highlights that disciplined value, local marketing and scale are supporting comparable sales outside the U.S., helping offset broader QSR pressure. Article Title
• Neutral Sentiment: Franchise partner news: Armada named new leaders for its McDonald’s business unit — organizational change that could affect go-to-market execution but is not a direct corporate earnings driver. Article Title
• Neutral Sentiment: Product chatter: social and local media note new snack-wrap competition and consumer buzz—helpful for brand engagement but limited direct impact on near-term financials. Article Title
• Neutral Sentiment: Earnings preview: previews suggest McDonald’s upcoming quarterly report is expected to show single-digit bottom-line growth — a modest outlook that leaves room for beats or misses to move the stock. Article Title
• Negative Sentiment: Insider selling: President of International Oper. Joseph M. Erlinger sold 2,626 shares (~$805k) and trimmed his position by ~33%, a disclosure that some investors view as a negative signal about near-term insider conviction. SEC Filing

McDonald’s Trading Up 0.9%

Shares of MCD opened at $309.43 on Wednesday. McDonald’s Corporation has a 12-month low of $276.53 and a 12-month high of $326.32. The company has a market cap of $220.36 billion, a PE ratio of 26.40, a price-to-earnings-growth ratio of 3.05 and a beta of 0.53. The stock has a 50-day moving average price of $308.35 and a 200-day moving average price of $305.28.

McDonald’s (NYSE:MCD) last announced its earnings results on Wednesday, November 5th. The fast-food giant reported $3.22 earnings per share for the quarter, missing analysts’ consensus estimates of $3.33 by ($0.11). McDonald’s had a net margin of 32.04% and a negative return on equity of 280.89%. The company had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $7.10 billion. During the same period in the prior year, the business earned $3.23 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. As a group, analysts predict that McDonald’s Corporation will post 12.25 earnings per share for the current year.

McDonald’s Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $1.86 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.4%. This is an increase from McDonald’s’s previous quarterly dividend of $1.77. McDonald’s’s payout ratio is presently 63.48%.

McDonald’s Profile

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.