Mondelez International, Inc. $MDLZ Shares Sold by Keybank National Association OH

Keybank National Association OH lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 22.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 197,313 shares of the company’s stock after selling 57,701 shares during the quarter. Keybank National Association OH’s holdings in Mondelez International were worth $11,373,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. OLD Republic International Corp boosted its holdings in shares of Mondelez International by 156.6% in the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after buying an additional 252,700 shares in the last quarter. Allstate Corp raised its stake in Mondelez International by 107.7% during the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after acquiring an additional 50,562 shares in the last quarter. VCI Wealth Management LLC acquired a new stake in Mondelez International during the 4th quarter worth $970,000. BNP Paribas Financial Markets lifted its position in Mondelez International by 41.0% in the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock valued at $215,677,000 after acquiring an additional 1,166,036 shares during the last quarter. Finally, E. Ohman J or Asset Management AB purchased a new stake in Mondelez International in the fourth quarter valued at $2,629,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $60.91 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The firm has a market cap of $78.19 billion, a PE ratio of 30.30, a P/E/G ratio of 2.39 and a beta of 0.39. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The firm’s fifty day moving average is $61.05 and its two-hundred day moving average is $58.65.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $0.76 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analyst Ratings Changes

Several research firms have issued reports on MDLZ. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. UBS Group boosted their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. JPMorgan Chase & Co. raised their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Barclays lifted their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

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.