Brokerages Set Mondelez International, Inc. (NASDAQ:MDLZ) PT at $66.47

Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus recommendation of “Moderate Buy” by the twenty-three brokerages that are covering the company, MarketBeat reports. Nine analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $67.0526.

Several equities analysts have recently weighed in on the company. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Morgan Stanley raised their target price on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Piper Sandler increased their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Argus raised Mondelez International to a “hold” rating in a report on Thursday, February 12th.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $61.37 on Wednesday. The company has a market cap of $78.67 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The stock’s 50 day simple moving average is $57.96 and its 200-day simple moving average is $57.45. Mondelez International has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities research analysts anticipate that Mondelez International will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Insider Activity at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Mondelez International

Several hedge funds and other institutional investors have recently made changes to their positions in MDLZ. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $28,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Company 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.