New York State Teachers Retirement System Sells 18,762 Shares of Mondelez International, Inc. $MDLZ

New York State Teachers Retirement System reduced its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 948,154 shares of the company’s stock after selling 18,762 shares during the quarter. New York State Teachers Retirement System’s holdings in Mondelez International were worth $51,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of MDLZ. KERR FINANCIAL PLANNING Corp bought a new position in shares of Mondelez International during the third quarter worth $27,000. Richardson Financial Services Inc. increased its holdings in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in Mondelez International in the 4th quarter worth $30,000. JPL Wealth Management LLC purchased a new stake in Mondelez International in the 3rd quarter worth $32,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling

In other Mondelez International 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 transaction of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.45% of the stock is owned by insiders.

Mondelez International Stock Down 0.1%

Shares of NASDAQ MDLZ opened at $61.37 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.39 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm’s 50-day moving average price is $57.96 and its 200-day moving average price is $57.51. The stock has a market capitalization of $78.67 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.51 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st were given a $0.50 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MDLZ. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Argus raised Mondelez International to a “hold” rating in a research note on Thursday, February 12th. DA Davidson restated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reduced their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

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.