Mondelez International, Inc. $MDLZ Shares Purchased by 44 Wealth Management LLC

44 Wealth Management LLC boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 405.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,679 shares of the company’s stock after purchasing an additional 31,020 shares during the period. 44 Wealth Management LLC’s holdings in Mondelez International were worth $2,416,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its stake in Mondelez International by 2.1% during the third quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock worth $977,337,000 after acquiring an additional 323,602 shares during the last quarter. Credit Agricole S A acquired a new stake in Mondelez International during the 3rd quarter worth approximately $25,521,000. Raymond James Financial Inc. raised its holdings in Mondelez International by 9.3% in the third quarter. Raymond James Financial Inc. now owns 5,002,371 shares of the company’s stock valued at $312,498,000 after buying an additional 424,761 shares during the period. Kelleher Financial Advisors purchased a new position in Mondelez International in the third quarter valued at approximately $62,000. Finally, Virtu Financial LLC purchased a new position in Mondelez International in the third quarter valued at approximately $1,779,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of MDLZ opened at $54.89 on Friday. The firm has a market cap of $70.36 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 2.29 and a beta of 0.38. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average is $58.23 and its two-hundred day moving average is $58.56. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insiders Place Their Bets

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

MDLZ has been the subject of several research reports. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Wells Fargo & Company raised their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Sanford C. Bernstein reduced their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Piper Sandler upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Finally, DA Davidson reiterated a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.06.

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.