NBT Bank N.A. Makes New $13.57 Million Investment in McDonald’s Corporation $MCD

NBT Bank N.A. purchased a new stake in McDonald’s Corporation (NYSE:MCD) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 58,761 shares of the fast-food giant’s stock, valued at approximately $13,570,000. McDonald’s comprises approximately 0.9% of NBT Bank N.A.’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds have also modified their holdings of the business. State Street Corp increased its position in shares of McDonald’s by 1.8% during the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after purchasing an additional 646,675 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in McDonald’s in the second quarter valued at about $1,359,276,000. Arrowstreet Capital Limited Partnership lifted its position in McDonald’s by 17.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock valued at $1,130,587,000 after buying an additional 533,448 shares during the last quarter. Diamant Asset Management Inc. lifted its position in McDonald’s by 30,979.0% in the first quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after buying an additional 2,587,986 shares during the last quarter. Finally, Swiss National Bank boosted its stake in McDonald’s by 6.9% during the first quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock worth $649,545,000 after buying an additional 134,480 shares during the period. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s recently raised its dividend and has joined the “Dividend Kings,” supporting the stock’s income appeal. At roughly 29% below its 52-week high and with a reported yield near 3.2%, some analysts view the sell-off as a potential long-term entry point. McDonald’s Is 29% Below Its 52-Week High and Yields 3.2%
• Positive Sentiment: The McRib’s limited-time return, along with Halloween promotions and other collectible-focused offerings, could generate customer traffic and incremental sales. Menu innovation—including chicken launches and limited-time products—is being viewed as a possible way to offset slower U.S. comparable sales. Can MCD’s Menu Innovation Offset Slower U.S. Comparable Sales Growth?
• Neutral Sentiment: McDonald’s is planning its first chef’s-table event led by “Top Chef” winner Tristen Epps. The high-profile experience may create brand publicity, but its direct financial contribution is likely limited. McDonald’s Is Hosting Its First-Ever Chef’s Table Experience
• Neutral Sentiment: Analysts expect a single-digit earnings increase when McDonald’s reports third-quarter results next month. The forecast offers some earnings support, though investors will likely focus on comparable sales, traffic and management’s outlook. McDonald’s Q3 2026 Earnings: What to Expect
• Negative Sentiment: McDonald’s continues to face weak customer traffic and pressure to balance affordability with profitability. Taco Bell’s rollout of a $2 offering highlights the intensifying value competition and could make pricing decisions more difficult. Taco Bell Rolls Out $2 Item as McDonald’s Wrestles With Pricing
• Negative Sentiment: The company is accused in federal court of using artificial intelligence in an alleged price-fixing scheme. McDonald’s says the lawsuit contains inaccuracies, but the claims create potential legal, reputational and regulatory risk. McDonald’s Accused of AI-Fueled Price Fixing

McDonald’s Trading Up 2.5%

Shares of NYSE MCD opened at $252.50 on Friday. The stock has a market cap of $178.68 billion, a P/E ratio of 20.51, a PEG ratio of 2.76 and a beta of 0.44. McDonald’s Corporation has a 12-month low of $229.20 and a 12-month high of $341.75. The business’s fifty day simple moving average is $249.91 and its 200-day simple moving average is $270.11.

McDonald’s (NYSE:MCD) last released its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The firm had revenue of $7.10 billion during the quarter, compared to analyst estimates of $7.13 billion. During the same period last year, the business posted $3.19 earnings per share. McDonald’s’s revenue was up 3.7% compared to the same quarter last year. On average, equities analysts forecast that McDonald’s Corporation will post 12.84 EPS for the current fiscal year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $1.93 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a yield of 3.1%. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio is 60.44%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Morgan Stanley dropped their price target on shares of McDonald’s from $308.00 to $297.00 and set an “equal weight” rating for the company in a research report on Monday, September 28th. Gordon Haskett decreased their price objective on shares of McDonald’s from $315.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. Robert W. Baird decreased their price objective on shares of McDonald’s from $285.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. Mizuho lowered their price objective on shares of McDonald’s from $300.00 to $290.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Guggenheim dropped their target price on shares of McDonald’s from $290.00 to $250.00 and set a “neutral” rating for the company 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $295.64.

About McDonald’s

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.