Focus Partners Wealth increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 4.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,268,955 shares of the company’s stock after buying an additional 59,000 shares during the quarter. Focus Partners Wealth’s holdings in Mondelez International were worth $68,412,000 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 MDLZ. Brighton Jones LLC grew its holdings in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares in the last quarter. United Bank grew its holdings in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after buying an additional 3,070 shares in the last quarter. Sei Investments Co. grew its holdings in Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after buying an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. grew its holdings in Mondelez International by 4,470.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after buying an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in Mondelez International by 144.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock worth $532,000 after buying an additional 4,668 shares in the last quarter. 78.32% of the stock is owned by institutional investors.
Analyst Ratings Changes
MDLZ has been the subject of a number of research reports. UBS Group increased their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. 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. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. BTIG Research initiated 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. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $67.05.
Mondelez International Stock Performance
Shares of NASDAQ MDLZ opened at $62.99 on Monday. The stock has a fifty day moving average price of $60.16 and a two-hundred day moving average price of $58.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The firm has a market cap of $80.86 billion, a P/E ratio of 31.34, a PEG ratio of 2.47 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (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 firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period last year, the company posted $0.76 EPS. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.
Mondelez International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is 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.
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