Mosaic Family Wealth Partners LLC Purchases 14,707 Shares of Mondelez International, Inc. $MDLZ

Mosaic Family Wealth Partners LLC grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 405.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,336 shares of the company’s stock after buying an additional 14,707 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Mondelez International were worth $1,061,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MDLZ. J.Safra Asset Management Corp bought a new stake in Mondelez International in the 4th quarter valued at about $25,000. Advocate Investing Services LLC bought a new position in Mondelez International during the fourth quarter worth about $25,000. JPL Wealth Management LLC bought a new position in Mondelez International during the third quarter worth about $32,000. Kemnay Advisory Services Inc. purchased a new position in shares of Mondelez International in the fourth quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Barclays upped their price target on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. BNP Paribas Exane increased their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Price Performance

MDLZ stock opened at $62.18 on Tuesday. The firm has a 50 day moving average of $61.18 and a 200-day moving average of $59.96. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a market capitalization of $79.36 billion, a P/E ratio of 22.86, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued 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. The company had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. Mondelez International’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

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.