Alpha Cubed Investments LLC reduced its stake in McDonald’s Corporation by 4.0% during the third quarter, trimming its position by 3,177 shares and ending the period with 76,253 shares. At quarter end, the value of Alpha Cubed’s remaining holdings in the fast-food giant stood at approximately 23.2 million dollars, reflecting a modest rebalancing amid broader portfolio shifts.

Several large institutional investors adjusted their positions in McDonald’s during the second quarter. Vanguard Group increased its holdings by 1.3%, adding 921,936 shares to reach a total of 71.3 million shares valued at roughly 20.8 billion dollars. State Street Corp grew its stake by 0.8%, acquiring 272,139 shares to hold 34.8 million shares worth about 10.2 billion dollars. Geode Capital Management added 276,065 shares for a 1.7% bump, bringing its total to 16.8 million shares valued near 4.9 billion dollars. Notably, Norges Bank initiated a new position worth approximately 2.8 billion dollars, and Laurel Wealth Advisors dramatically expanded its stake by over 29,000%, acquiring 5.7 million shares.

Two McDonald’s executives significantly reduced their personal holdings in recent months. President Joseph M. Erlinger sold 3,195 shares in mid-November, cutting his position by 34.4% and retaining 6,088 shares thereafter. Executive Vice President Manuel Jm Steijaert sold 13,134 shares in early November, a reduction of 74.0%, leaving him with 4,606 shares. In total, insiders have sold 45,142 shares in the past ninety days, representing 0.25% of outstanding stock.

In its latest quarterly report, McDonald’s posted earnings per share of 3.22, missing consensus estimates by 0.11, while generating 7.08 billion dollars in revenue, slightly below forecasts by 0.02 billion. The company achieved a net margin of 32.0%, with revenue growth of 3.0% year-over-year. Analysts now project full-year adjusted earnings per share of approximately 12.25, reflecting cautious expectations after the recent shortfall.