Mondelez International (NASDAQ:MDLZ) Price Target Lowered to $73.00 at Sanford C. Bernstein

Mondelez International (NASDAQ:MDLZ) had its price objective decreased by Sanford C. Bernstein from $75.00 to $73.00 in a research note published on Wednesday morning,Benzinga reports. Sanford C. Bernstein currently has an outperform rating on the stock.

A number of other analysts have also weighed in on MDLZ. Bank of America reduced their price objective on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Morgan Stanley cut their price target on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Royal Bank Of Canada decreased their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Piper Sandler upped their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Finally, DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Mondelez International Stock Up 0.4%

Shares of Mondelez International stock opened at $60.08 on Wednesday. Mondelez International has a 1 year low of $51.20 and a 1 year high of $71.15. The firm has a market cap of $77.01 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.50 and a beta of 0.38. The company has a 50-day moving average of $56.80 and a 200 day moving average of $59.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data 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. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the prior year, the company earned $0.65 earnings per share. The business’s revenue 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, sell-side analysts anticipate that Mondelez International will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Insider Activity

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the 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 sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Hedge Funds Weigh In On Mondelez International

A number of hedge funds and other institutional investors have recently modified their holdings of MDLZ. Brighton Jones LLC increased its holdings in shares of Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares during the last quarter. United Bank increased its stake in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after acquiring an additional 3,070 shares during the last quarter. Chicago Partners Investment Group LLC increased its stake in Mondelez International by 30.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 11,174 shares of the company’s stock worth $784,000 after acquiring an additional 2,599 shares during the last quarter. Stephens Inc. AR raised its holdings in shares of Mondelez International by 8.9% during the 2nd quarter. Stephens Inc. AR now owns 29,434 shares of the company’s stock worth $1,985,000 after acquiring an additional 2,399 shares in the last quarter. Finally, Phoenix Financial Ltd. bought a new position in shares of Mondelez International during the 2nd quarter valued at approximately $200,000. Institutional investors own 78.32% of the company’s stock.

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.