Diversify Wealth Management LLC Increases Position in Mondelez International, Inc. $MDLZ

Diversify Wealth Management LLC increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 267.4% during the 1st quarter, Holdings Channel reports. The firm owned 16,209 shares of the company’s stock after acquiring an additional 11,797 shares during the period. Diversify Wealth Management LLC’s holdings in Mondelez International were worth $989,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MDLZ. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the 4th quarter worth $25,000. Advocate Investing Services LLC purchased a new position in shares of Mondelez International in the fourth quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Mondelez International in the third quarter valued at about $27,000. Kemnay Advisory Services Inc. bought a new position in shares of Mondelez International in the fourth quarter worth about $28,000. Finally, High Point Wealth Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MDLZ shares. TD Cowen increased their target price on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Bank of America upped their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Stock Down 0.1%

MDLZ opened at $58.72 on Thursday. The company has a market capitalization of $75.38 billion, a PE ratio of 29.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.39. The firm has a 50-day simple moving average of $60.98 and a two-hundred day simple moving average of $58.95. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the firm posted $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 forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

About Mondelez International

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.