Dana Investment Advisors Inc. Sells 21,923 Shares of Mondelez International, Inc. $MDLZ

Dana Investment Advisors Inc. lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 52.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,872 shares of the company’s stock after selling 21,923 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Mondelez International were worth $1,241,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in Mondelez International in the second quarter valued at $1,239,834,000. JPMorgan Chase & Co. raised its holdings in shares of Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the period. First Trust Advisors LP lifted its stake in Mondelez International by 197.9% in the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after purchasing an additional 2,701,229 shares during the last quarter. Federated Hermes Inc. lifted its stake in Mondelez International by 2,080.4% in the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after purchasing an additional 2,353,841 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in Mondelez International by 88.1% during the second quarter. Corient Private Wealth LLC now owns 4,312,887 shares of the company’s stock worth $290,862,000 after purchasing an additional 2,020,135 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s 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 transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by insiders.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $59.94 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The firm has a market cap of $76.83 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 2.51 and a beta of 0.38. The stock’s fifty day moving average price is $57.48 and its two-hundred day moving average price is $58.93. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results 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 company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the previous year, the business posted $0.65 earnings per share. Mondelez International’s quarterly revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities analysts forecast 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. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MDLZ shares. JPMorgan Chase & Co. dropped their price objective on Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. TD Cowen decreased their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. 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. Finally, Bank of America decreased their price objective on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.