Northwestern Mutual Cuts Stake in McDonald's Amid Global Growth Challenges

Northwestern Mutual Wealth Management Co., a large institutional investor in McDonald's Corporation, has adjusted its holdings in the fast-food giant. In the second quarter, the company sold 10,036 shares of MCD, reducing its stake by 8.7%. As of June 2026, Northwestern Mutual Wealth Management Co. owned 104,889 shares of McDonald's stock, valued at $28,352,000.

Northwestern Mutual Wealth Management Co.'s reduction in holdings is not an isolated incident. Several other institutional investors have also made changes to their positions in MCD during the second quarter. For example, Hamilton Point Investment Advisors LLC increased its stake by 1.8%, while Encompass More Asset Management boosted its position by 1.5%.

McDonald's has faced challenges in recent times, with the company lagging behind the S&P 500 over the past year. The fast-food giant's shares are near a 12-month low, and analysts remain moderately optimistic about the company's prospects. Despite this, McDonald's is expected to continue growing its international markets, which delivered 1.5% comparable-sales growth in the second quarter.