Facet Wealth Inc. Makes New Investment in Mondelez International, Inc. $MDLZ

Facet Wealth Inc. purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,493 shares of the company’s stock, valued at approximately $491,000.

Other institutional investors also recently modified their holdings of the company. J.Safra Asset Management Corp bought a new position in Mondelez International during the fourth quarter worth $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International during the fourth quarter valued at $25,000. JPL Wealth Management LLC bought a new stake in Mondelez International during the third quarter valued at $32,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International during the fourth quarter valued at $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International during the 4th quarter worth about $30,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Up 2.2%

Shares of NASDAQ:MDLZ opened at $63.53 on Friday. The business’s 50 day simple moving average is $61.14 and its two-hundred day simple moving average is $59.90. The firm has a market cap of $81.08 billion, a P/E ratio of 23.36, a PEG ratio of 2.53 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, research analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared 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 yield of 3.1%. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. UBS Group raised 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. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. BNP Paribas Exane boosted their price target on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $67.30.

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.