Mondelez International, Inc. $MDLZ Holdings Reduced by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,744,528 shares of the company’s stock after selling 175,191 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.14% of Mondelez International worth $93,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. raised its stake in shares of Mondelez International by 0.6% during the third quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after purchasing an additional 172 shares in the last quarter. Financial Perspectives Inc raised its position in shares of Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after buying an additional 176 shares in the last quarter. Acorn Wealth Advisors LLC raised its position in shares of Mondelez International by 4.8% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after buying an additional 189 shares in the last quarter. Mccarter Private Wealth Services LLC lifted its stake in shares of Mondelez International by 3.9% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock worth $316,000 after acquiring an additional 190 shares during the period. Finally, 1620 Investment Advisors Inc. lifted its stake in shares of Mondelez International by 1.6% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 12,232 shares of the company’s stock worth $764,000 after acquiring an additional 191 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on MDLZ shares. JPMorgan Chase & Co. lowered their price objective on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Bank of America dropped their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Sanford C. Bernstein decreased their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Finally, DA Davidson restated a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.00.

Mondelez International Price Performance

NASDAQ MDLZ opened at $57.64 on Wednesday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The stock’s 50-day moving average price is $58.68 and its two-hundred day moving average price is $58.17. The company has a market cap of $73.89 billion, a PE ratio of 30.66, a PEG ratio of 2.43 and a beta of 0.38. 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 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion for 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 firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be issued a $0.50 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Mondelez International’s dividend payout ratio is presently 106.38%.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was 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 $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.41% of the stock is currently owned by company insiders.

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.