AlphaCore Capital LLC Acquires 57,773 Shares of Mondelez International, Inc. $MDLZ

AlphaCore Capital LLC boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 296.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,256 shares of the company’s stock after purchasing an additional 57,773 shares during the quarter. AlphaCore Capital LLC’s holdings in Mondelez International were worth $4,865,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Soundwatch Capital LLC bought a new position in Mondelez International during the 2nd quarter worth about $27,000. Rossby Financial LCC lifted its position in Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after acquiring an additional 406 shares during the last quarter. Richardson Financial Services Inc. increased its position in Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after buying an additional 282 shares during the period. Aspect Partners LLC boosted its stake in shares of Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after buying an additional 305 shares during the period. Finally, Halbert Hargrove Global Advisors LLC grew its holdings in shares of Mondelez International by 60.3% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Argus raised shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. Piper Sandler upped their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Sanford C. Bernstein cut their price target 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, TD Cowen lowered their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Thirteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $60.12 on Thursday. The business’s fifty day moving average is $57.38 and its 200 day moving average is $58.92. The firm has a market cap of $77.06 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 2.55 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued 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 business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently announced 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 currently 106.38%.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following 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 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 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.