HF Advisory Group LLC increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 254.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,881 shares of the company’s stock after buying an additional 20,725 shares during the quarter. HF Advisory Group LLC’s holdings in Mondelez International were worth $1,555,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its holdings in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares during the period. United Bank grew its holdings in Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in Mondelez International in the second quarter worth about $64,000. Invesco Ltd. increased its position in Mondelez International by 10.7% in the second quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock worth $936,894,000 after buying an additional 1,345,078 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Mondelez International by 62.6% in the second quarter. EverSource Wealth Advisors LLC now owns 13,326 shares of the company’s stock worth $899,000 after buying an additional 5,131 shares during the period. 78.32% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. Sanford C. Bernstein lowered their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Piper Sandler raised their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. DA Davidson reiterated a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.00.
Insider Activity at Mondelez International
In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.41% of the company’s stock.
Mondelez International Stock Performance
NASDAQ MDLZ opened at $57.54 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The business has a 50-day moving average price of $58.67 and a 200-day moving average price of $58.15. The firm has a market cap of $73.76 billion, a price-to-earnings ratio of 30.61, a price-to-earnings-growth ratio of 2.43 and a beta of 0.37.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter last year, the company earned $0.65 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.
Mondelez International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.
Mondelez International Profile
Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e?commerce channels around the world.
The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.
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