Confluence Investment Management LLC Sells 481,863 Shares of Mondelez International, Inc. $MDLZ

Confluence Investment Management LLC trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 21.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,742,051 shares of the company’s stock after selling 481,863 shares during the quarter. Confluence Investment Management LLC owned 0.14% of Mondelez International worth $93,775,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. Brighton Jones LLC boosted its stake in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares during the period. United Bank boosted its stake in shares of Mondelez International by 13.2% during the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after purchasing an additional 3,070 shares during the period. Western Wealth Management LLC boosted its stake in shares of Mondelez International by 11.8% during the 2nd quarter. Western Wealth Management LLC now owns 3,332 shares of the company’s stock worth $225,000 after purchasing an additional 353 shares during the period. Wealthspire Advisors LLC grew its holdings in Mondelez International by 14.5% during the 2nd quarter. Wealthspire Advisors LLC now owns 17,082 shares of the company’s stock valued at $1,152,000 after purchasing an additional 2,166 shares during the last quarter. Finally, Traub Capital Management LLC bought a new stake in Mondelez International in the second quarter worth about $37,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.0%

MDLZ opened at $56.49 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The firm has a market cap of $72.41 billion, a price-to-earnings ratio of 30.05, a PEG ratio of 2.36 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock has a fifty day moving average price of $58.55 and a 200-day moving average price of $58.46.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion during 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%. Mondelez International’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company 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 dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s payout ratio is presently 106.38%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MDLZ. DA Davidson reiterated a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. TD Cowen decreased their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, Piper Sandler upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.41% of the company’s stock.

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.