Alps Advisors Inc. Reduces Stock Holdings in Mondelez International, Inc. $MDLZ

Alps Advisors Inc. trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 48.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,808 shares of the company’s stock after selling 16,455 shares during the quarter. Alps Advisors Inc.’s holdings in Mondelez International were worth $1,112,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. AlphaStar Capital Management LLC acquired a new stake in shares of Mondelez International during the second quarter worth about $1,336,000. Asset Management One Co. Ltd. raised its stake in Mondelez International by 3.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock valued at $45,411,000 after acquiring an additional 22,194 shares during the last quarter. Deprince Race & Zollo Inc. lifted its position in Mondelez International by 70.5% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after acquiring an additional 193,956 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Mondelez International by 32.2% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock valued at $9,240,000 after purchasing an additional 36,037 shares during the last quarter. Finally, Confluence Investment Management LLC increased its holdings in shares of Mondelez International by 324.5% in the third quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock valued at $138,928,000 after purchasing an additional 1,699,980 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Royal Bank Of Canada lowered their target price on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. DZ Bank raised shares of Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Bank of America lowered their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. dropped their target price on Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $67.44.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $61.47 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The company’s 50-day moving average price is $56.12 and its 200 day moving average price is $59.20. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The stock has a market cap of $79.32 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 2.53 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the firm earned $0.65 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s payout ratio is 106.38%.

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.