Avanza Fonder AB boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 14.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 148,759 shares of the company’s stock after buying an additional 18,751 shares during the period. Avanza Fonder AB’s holdings in Mondelez International were worth $8,008,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter worth $27,000. Richardson Financial Services Inc. raised its stake in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Mondelez International during the 3rd quarter valued at $32,000. Halbert Hargrove Global Advisors LLC lifted 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 valued at $33,000 after acquiring an additional 196 shares in the last quarter. Finally, Global Wealth Strategies & Associates boosted its position in Mondelez International by 213.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 648 shares of the company’s stock worth $35,000 after purchasing an additional 441 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts have commented on the company. UBS Group cut their price objective on Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Wells Fargo & Company upped their target price on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Sanford C. Bernstein lowered their target price 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. JPMorgan Chase & Co. dropped their target price on Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Mizuho reduced their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.44.
Mondelez International Stock Performance
Shares of MDLZ stock opened at $56.86 on Tuesday. 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 company’s fifty day moving average price is $58.61 and its two-hundred day moving average price is $58.35. The firm has a market capitalization of $72.89 billion, a P/E ratio of 30.24, a P/E/G ratio of 2.35 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.
Mondelez International (NASDAQ:MDLZ – Get Free Report) 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. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period last year, the firm earned $0.65 earnings per share. The company’s 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, research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.
Mondelez International Dividend Announcement
The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is 106.38%.
Insider Transactions at Mondelez International
In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the 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 completion of the transaction, the executive vice president directly owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by corporate insiders.
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.
See Also
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