Mondelez International, Inc. $MDLZ Position Cut by World Investment Advisors

World Investment Advisors trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 61.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,469 shares of the company’s stock after selling 50,681 shares during the quarter. World Investment Advisors’ holdings in Mondelez International were worth $1,748,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its stake in Mondelez International by 8.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after purchasing an additional 46,182 shares in the last quarter. Federated Hermes Inc. boosted its stake in Mondelez International by 2,080.4% during the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after purchasing an additional 2,353,841 shares in the last quarter. QRG Capital Management Inc. boosted its stake in Mondelez International by 82.8% during the 3rd quarter. QRG Capital Management Inc. now owns 175,702 shares of the company’s stock valued at $10,976,000 after purchasing an additional 79,598 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in Mondelez International by 12.6% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock valued at $31,635,000 after purchasing an additional 56,510 shares in the last quarter. Finally, E. Ohman J or Asset Management AB bought a new position in Mondelez International during the 4th quarter valued at $2,629,000. 78.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MDLZ. 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 for the company. JPMorgan Chase & Co. increased their price target on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. Wells Fargo & Company increased their price target on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Barclays increased their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $60.44 on Friday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The stock has a fifty day moving average of $58.20 and a 200-day moving average of $57.45. The company has a market capitalization of $77.58 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 2.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data 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 return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

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.