McDonald’s Corporation $MCD Stock Holdings Trimmed by Hoertkorn Richard Charles

09 Jul 2026, 09:14 by Amy Steele · The Cerbat Gem

Hoertkorn Richard Charles decreased its holdings in McDonald’s Corporation (NYSE:MCD – Free Report) by 29.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,549 shares of the fast-food giant’s stock after selling 2,750 shares during the quarter. McDonald’s accounts for approximately 1.7% of Hoertkorn Richard Charles’ holdings, making the stock its 22nd largest position. Hoertkorn Richard Charles’ holdings in McDonald’s were worth $2,035,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Hamilton Point Investment Advisors LLC lifted its holdings in McDonald’s by 1.8% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 1,750 shares of the fast-food giant’s stock worth $535,000 after purchasing an additional 31 shares during the period. Encompass More Asset Management increased its stake in McDonald’s by 1.5% during the 4th quarter. Encompass More Asset Management now owns 2,120 shares of the fast-food giant’s stock valued at $648,000 after buying an additional 32 shares during the period. Richmond Investment Services LLC increased its stake in McDonald’s by 1.4% during the 4th quarter. Richmond Investment Services LLC now owns 2,278 shares of the fast-food giant’s stock valued at $696,000 after buying an additional 32 shares during the period. Papamarkou Wellner Asset Management inc. raised its position in shares of McDonald’s by 0.4% during the 4th quarter. Papamarkou Wellner Asset Management inc. now owns 8,809 shares of the fast-food giant’s stock worth $2,692,000 after buying an additional 32 shares in the last quarter. Finally, Physician Wealth Advisors Inc. raised its position in shares of McDonald’s by 1.6% during the 4th quarter. Physician Wealth Advisors Inc. now owns 2,102 shares of the fast-food giant’s stock worth $642,000 after buying an additional 33 shares in the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

More McDonald’s News

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

Positive Sentiment: McDonald’s is leaning on promotions and pop-culture tie-ins to drive traffic, including a new BT21 Happy Meal collaboration and related Pokémon-style merchandising buzz that could support near-term sales. McDonald’s Reveals More On BT21 X Happy Meal Collaboration
Positive Sentiment: Local and regional promotions, such as free fries for National French Fry Day and the return of limited-time menu items, may help create short-term customer traffic and engagement. McDonald’s giving away free medium fries in Corpus Christi and Victoria for National French Fry Day
Neutral Sentiment: Coverage focused on McDonald’s franchise economics and brand marketing keeps the company in the spotlight, but these stories do not materially change the investment thesis by themselves. McDonald’s Franchise Owners Make A Surprising Amount Of Money
Neutral Sentiment: Analyst and comparison pieces continue to frame McDonald’s as a defensive, lower-stress consumer stock, which supports the long-term case but does not appear to be a near-term catalyst. Buy these quality, low-stress stocks for the summer, says Jefferies
Negative Sentiment: Several articles highlighted complaints that McDonald’s food no longer tastes as good as customers remember, plus reports that some loyal customers are choosing other fast-food chains instead, which can pressure traffic expectations. The McDonald’s Foods Customers Say No Longer Taste Like They Remember
Negative Sentiment: Competitive headlines also showed rivals taking aim at McDonald’s with new menu offerings, underscoring ongoing pressure in the fast-food market. McDonald’s rival takes not-so-subtle swipe at the fast food giant with new chicken sandwiches

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Rothschild & Co Redburn upgraded shares of McDonald’s from a “sell” rating to a “neutral” rating and increased their price objective for the company from $260.00 to $306.00 in a report on Thursday, April 23rd. Cfra raised McDonald’s to a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of McDonald’s in a report on Tuesday, June 23rd. JPMorgan Chase & Co. cut their target price on McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Finally, Robert W. Baird set a $305.00 price target on McDonald’s in a research note on Thursday, May 7th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s presently has an average rating of “Moderate Buy” and an average price target of $335.70.

Check Out Our Latest Analysis on MCD

Insider Activity at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 11,307 shares of company stock worth $3,262,622. 0.26% of the stock is currently owned by company insiders.

McDonald’s Trading Down 1.3%

NYSE:MCD opened at $278.44 on Thursday. McDonald’s Corporation has a twelve month low of $264.53 and a twelve month high of $341.75. The company has a 50-day moving average of $279.20 and a 200-day moving average of $302.32. The firm has a market cap of $197.83 billion, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 2.81 and a beta of 0.41.

McDonald’s (NYSE:MCD – Get Free Report) last released its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 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 business had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.47 billion. During the same period in the previous year, the firm earned $2.67 EPS. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, research analysts forecast that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 annualized dividend and a yield of 2.7%. McDonald’s’s payout ratio is 61.34%.

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.