Lombard Odier Cuts Stake in McDonald's Amid Market Share Worries

Compagnie Lombard Odier SCmA reduced its stake in McDonald's Corporation (NYSE:MCD) by selling 4,401 shares during the second quarter. The fund owned 320,756 shares of McDonald's stock after the sale, accounting for about 0.9% of Compagnie Lombard Odier SCmA's portfolio.

The sale reduced Compagnie Lombard Odier SCmA's position in McDonald's by 1.4%. The value of its holdings in McDonald's was $86,704,000 at the end of the second quarter.

This is not an isolated instance; other large investors have also made changes to their positions in McDonald's. Ascentis Wealth Management LLC increased its position in McDonald's by 4,008.8% during the same period, while Borer Denton & Associates Inc. lifted its position by 16.9%. Peterson Wealth Services saw a 3,294.5% increase in its stake, and Harbour Investments Inc. grew its holding by 84.4%

McDonald's has faced challenges lately, including reports of losing ground to Burger King and other low-cost alternatives. Erste Group lowered its fiscal 2027 EPS forecast for McDonald's, adding to investor concerns about earnings growth.