Bahl & Gaynor Inc. Cuts Stock Holdings in Mondelez International, Inc. $MDLZ

Bahl & Gaynor Inc. cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,816,826 shares of the company’s stock after selling 244,089 shares during the period. Mondelez International accounts for 1.8% of Bahl & Gaynor Inc.’s holdings, making the stock its 12th biggest position. Bahl & Gaynor Inc. owned about 0.45% of Mondelez International worth $363,377,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its stake in shares of Mondelez International by 3.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after acquiring an additional 22,194 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in shares of Mondelez International by 70.5% in the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock valued at $29,302,000 after purchasing an additional 193,956 shares during the period. Oregon Public Employees Retirement Fund increased its position in Mondelez International by 32.2% during the third quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock worth $9,240,000 after purchasing an additional 36,037 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after purchasing an additional 46,182 shares during the period. Finally, Confluence Investment Management LLC boosted its holdings in Mondelez International by 324.5% in the 3rd 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 last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MDLZ. Mizuho cut their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. JPMorgan Chase & Co. reduced 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. UBS Group lowered their price target on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Finally, TD Cowen cut their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is owned by corporate insiders.

Mondelez International Stock Up 2.7%

Shares of NASDAQ MDLZ opened at $61.58 on Monday. The stock has a market cap of $78.94 billion, a P/E ratio of 32.76, a PEG ratio of 2.57 and a beta of 0.38. The business’s fifty day simple moving average is $57.62 and its 200-day simple moving average is $58.89. 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 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The firm had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Mondelez International Company 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.