Bartlett & CO. Wealth Management LLC Reduces Stock Position in Mondelez International, Inc. $MDLZ

Bartlett & CO. Wealth Management LLC decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 127,009 shares of the company’s stock after selling 9,198 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Mondelez International were worth $6,862,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MDLZ. Brighton Jones LLC lifted its stake in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares in the last quarter. United Bank raised its holdings in shares of Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after acquiring an additional 3,070 shares in the last quarter. Federated Hermes Inc. raised its holdings in shares of Mondelez International by 43.3% in the 2nd quarter. Federated Hermes Inc. now owns 113,143 shares of the company’s stock valued at $7,630,000 after acquiring an additional 34,178 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after acquiring an additional 71,667 shares in the last quarter. Finally, Glenview Trust co raised its holdings in shares of Mondelez International by 5.3% in the 2nd quarter. Glenview Trust co now owns 59,962 shares of the company’s stock valued at $4,044,000 after acquiring an additional 3,038 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. TD Cowen lowered their price target on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. 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 report on Wednesday, February 4th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Argus upgraded shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, Morgan Stanley raised their price objective on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.28.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Mondelez International Price Performance

MDLZ stock opened at $59.00 on Friday. The firm’s 50-day moving average price is $58.69 and its two-hundred day moving average price is $57.96. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The stock has a market capitalization of $75.63 billion, a price-to-earnings ratio of 31.38, a PEG ratio of 2.51 and a beta of 0.37. 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 quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the previous year, the company 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, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s payout ratio is currently 106.38%.

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.