Midwest Trust 13F: Adds $6.8M to McDonald's (MCD) Stake

Midwest Trust expanded its position in McDonald's Corporation NYSE: MCD by 29,322 shares, according to a Form 13F filing with the SEC on October 22, 2026. The purchase marked a 12.3% increase for the fund, lifting its total stake to 266,837 shares. The reported value of the holding reached $61,623,274 at the close of the period.

MCD McDonald's Corporation

$252.63 ▼ -15.06% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's McDonald's Position

The fund held 237,515 shares of the restaurant operator previously and added to that total during the quarter. The resulting position of 266,837 shares reflects the reported 12.3% expansion. McDonald's closed at $252.63 on the October 22 filing date.

McDonald's Corporation Stock Up 2.5%

McDonald's shares recently traded around $252.59 as of October 23, 2026, putting the stock about equal to its price on the filing date. The shares sit 0.7% above their 50-day moving average of $250.73 but remain 11.4% below their 200-day moving average of $285.08. The stock trades 26.1% below its 52-week high of $341.75 and 10.2% above its 52-week low of $229.20. The company carries a market capitalization of $174.26 billion and a trailing P/E ratio of 20.00.

Recent Earnings

McDonald's generated $27.70 billion in trailing-twelve-month revenue with a net profit margin of 31.7%. The company reported trailing-twelve-month earnings of $12.31 per share. The next quarterly earnings report is scheduled for release on November 4, 2026.

Dividend

McDonald's pays an annual dividend of $7.72 per share, translating to a dividend yield of 3.14%. The company allocates 59.7% of its earnings toward dividend payments through its payout ratio.

Insider Buying and Selling at McDonald's Corporation

Company insiders executed several transactions prior to the filing. Officer Joseph M Erlinger sold 333 shares on April 23, 2026, at a price of $302.72 for a total of $100,806. Erlinger sold another 333 shares on May 26, 2026, at $280.11 per share, totaling $93,277. Officer Desiree Ann Ralls-Morrison sold 2,763 shares on May 28, 2026, at $278.36 per share for a value of $769,109. Later, on June 10, 2026, Joseph M Erlinger sold 5,252 shares at $284.32 per share, totaling $1,493,249.

Wall Street Analysts Update Views

Research firms adjusted their outlooks on the stock throughout October 2026. On October 5, 2026, Wells Fargo maintained an Overweight rating while lowering its price target from $300.00 to $270.00. Guggenheim maintained a Neutral rating on October 5, 2026, reducing its target from $290.00 to $250.00. Keybanc maintained an Overweight rating on October 6, 2026, cutting its target from $305.00 to $280.00. Bernstein maintained a Market Perform rating on October 8, 2026, adjusting its target from $295.00 to $250.00. Citigroup maintained a Buy rating on October 20, 2026, lowering its target from $305.00 to $295.00. The stock holds a consensus recommendation of buy from analysts, with a mean price target of $291.69 across 29 opinions.

About McDonald's Corporation

McDonald's Corporation operates and franchises fast-food restaurants across the United States and international markets. The company serves a menu of hamburgers, chicken items, french fries, breakfast foods, and beverages. Its business model relies heavily on franchise fees, property leases, and company-operated store sales.

Bottom Line

Investors are watching for the upcoming earnings report on November 4, 2026, to gauge margin stability and customer traffic trends. Institutional filings show steady adjustments by large holders as the stock navigates levels below its 200-day moving average.