McDonald’s Corporation $MCD Shares Bought by Treasurer of the State of North Carolina

12 Dec 2025, 10:16 by Doug Wharley · The Cerbat Gem

Treasurer of the State of North Carolina raised its stake in McDonald’s Corporation (NYSE:MCD – Free Report) by 1.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 333,936 shares of the fast-food giant’s stock after purchasing an additional 4,037 shares during the period. Treasurer of the State of North Carolina’s holdings in McDonald’s were worth $97,566,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Decker Retirement Planning Inc. increased its holdings in McDonald’s by 142.9% in the second quarter. Decker Retirement Planning Inc. now owns 85 shares of the fast-food giant’s stock valued at $25,000 after buying an additional 50 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of McDonald’s in the 2nd quarter worth approximately $25,000. HFM Investment Advisors LLC bought a new stake in shares of McDonald’s in the 1st quarter valued at approximately $26,000. Nova Wealth Management Inc. acquired a new stake in shares of McDonald’s during the 1st quarter valued at approximately $26,000. Finally, GFG Capital LLC acquired a new stake in shares of McDonald’s during the 2nd quarter valued at approximately $29,000. Institutional investors own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. KeyCorp reaffirmed an “overweight” rating and issued a $335.00 price objective on shares of McDonald’s in a report on Monday, October 20th. Truist Financial reduced their price target on shares of McDonald’s from $360.00 to $350.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Piper Sandler reaffirmed a “neutral” rating and set a $325.00 price objective on shares of McDonald’s in a research report on Wednesday, October 22nd. Wells Fargo & Company increased their price objective on shares of McDonald’s from $340.00 to $345.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada began coverage on McDonald’s in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $320.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $324.57.

Read Our Latest Stock Analysis on McDonald’s

McDonald’s Stock Down 0.2%

Shares of NYSE:MCD opened at $309.82 on Friday. The company’s 50-day moving average price is $304.66 and its 200 day moving average price is $303.77. The company has a market cap of $220.64 billion, a PE ratio of 26.44, a P/E/G ratio of 3.45 and a beta of 0.52. McDonald’s Corporation has a fifty-two week low of $276.53 and a fifty-two week high of $326.32.

McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The fast-food giant reported $3.22 EPS for the quarter, missing the consensus estimate of $3.33 by ($0.11). The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates of $7.10 billion. McDonald’s had a net margin of 32.04% and a negative return on equity of 280.89%. McDonald’s’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.23 EPS. As a group, equities analysts anticipate that McDonald’s Corporation will post 12.25 EPS for the current year.

McDonald’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, December 1st. This is an increase from McDonald’s’s previous quarterly dividend of $1.77. McDonald’s’s dividend payout ratio (DPR) is presently 63.48%.

Insider Buying and Selling at McDonald’s

In related news, CFO Ian Frederick Borden sold 17,134 shares of McDonald’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $310.00, for a total transaction of $5,311,540.00. Following the sale, the chief financial officer directly owned 26,353 shares in the company, valued at $8,169,430. The trade was a 39.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 3,195 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $305.82, for a total transaction of $977,094.90. Following the completion of the sale, the insider directly owned 6,088 shares of the company’s stock, valued at $1,861,832.16. The trade was a 34.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,030 shares of company stock valued at $12,240,570 in the last quarter. Corporate insiders own 0.25% of the company’s stock.

About McDonald’s

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