Evansbrook LLC Acquires New Position in Mondelez International, Inc. $MDLZ

Evansbrook LLC acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,969 shares of the company’s stock, valued at approximately $483,000.

A number of other institutional investors have also bought and sold shares of the business. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $27,000. Kemnay Advisory Services Inc. purchased a new position in Mondelez International during the fourth quarter worth approximately $28,000. Finally, High Point Wealth Management LLC purchased a new position in Mondelez International during the fourth quarter worth approximately $30,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 1.2%

Shares of MDLZ opened at $60.10 on Friday. The company’s 50-day moving average price is $60.43 and its 200 day moving average price is $58.26. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. 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 $77.15 billion, a P/E ratio of 29.90, a price-to-earnings-growth ratio of 2.38 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm posted $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. On average, sell-side analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

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 issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MDLZ. Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. UBS Group lifted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, Barclays upped their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Profile

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.