Mondelez International, Inc. $MDLZ Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 226,548 shares of the company’s stock after selling 20,006 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Mondelez International were worth $13,058,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Mondelez International during the fourth quarter worth about $1,010,020,000. Capital International Investors boosted its holdings in Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Mondelez International by 12.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after purchasing an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after purchasing an additional 3,803,776 shares during the period. Finally, Bank of Montreal Can increased its position in Mondelez International by 190.3% during the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock worth $230,062,000 after purchasing an additional 2,801,689 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $60.52 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The firm has a market cap of $77.69 billion, a price-to-earnings ratio of 30.11, a price-to-earnings-growth ratio of 2.51 and a beta of 0.39. The company’s 50-day moving average is $60.88 and its two-hundred day moving average is $59.23. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $70.61.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the business earned $0.76 earnings per share. Mondelez International’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. Research analysts expect that Mondelez International, Inc. will post 3.04 EPS for the current year.

Mondelez International Announces Dividend

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

Analysts Set New Price Targets

MDLZ has been the subject of a number of analyst reports. UBS Group increased their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Finally, TD Cowen raised their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.44.

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.