Mondelez International (NASDAQ:MDLZ) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Mondelez International (NASDAQ:MDLZ) announced its quarterly earnings results on Tuesday. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05, FiscalAI reports. The business had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%. Mondelez International updated its FY 2026 guidance to 2.970-3.120 EPS.

Mondelez International Stock Performance

NASDAQ:MDLZ traded up $1.81 during trading hours on Tuesday, reaching $62.48. The stock had a trading volume of 11,650,030 shares, compared to its average volume of 9,690,572. The stock has a market cap of $80.20 billion, a P/E ratio of 31.08, a price-to-earnings-growth ratio of 2.51 and a beta of 0.39. The stock has a 50 day simple moving average of $60.86 and a 200 day simple moving average of $59.32. 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 has a 12-month low of $51.20 and a 12-month high of $70.32.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. UBS Group lifted their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Barclays increased their target price 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. Bank of America raised their price target on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, BTIG Research began coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.44.

Institutional Investors Weigh In On Mondelez International

Several large investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its stake in shares of Mondelez International by 8.5% during the 4th quarter. Invesco Ltd. now owns 15,967,292 shares of the company’s stock valued at $859,519,000 after buying an additional 1,244,631 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in Mondelez International by 2.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 42,896 shares of the company’s stock valued at $2,309,000 after buying an additional 1,045 shares in the last quarter. Corient Private Wealth LLC grew its stake in Mondelez International by 42.3% in the 4th quarter. Corient Private Wealth LLC now owns 2,970,361 shares of the company’s stock valued at $158,072,000 after buying an additional 883,098 shares in the last quarter. Ameriflex Group Inc. raised its holdings in Mondelez International by 480.3% during the 4th quarter. Ameriflex Group Inc. now owns 2,240 shares of the company’s stock valued at $121,000 after acquiring an additional 1,854 shares during the period. Finally, FAS Wealth Partners Inc. raised its holdings in Mondelez International by 5.0% during the 4th quarter. FAS Wealth Partners Inc. now owns 4,330 shares of the company’s stock valued at $233,000 after acquiring an additional 205 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

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.