Bank Pictet & Cie Europe AG Decreases Stake in Mondelez International, Inc. $MDLZ

Bank Pictet & Cie Europe AG lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 311,374 shares of the company’s stock after selling 27,605 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Mondelez International were worth $16,761,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDLZ. Bourgeon Capital Management LLC boosted its position in Mondelez International by 14.1% in the fourth quarter. Bourgeon Capital Management LLC now owns 191,281 shares of the company’s stock worth $10,297,000 after purchasing an additional 23,580 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of Mondelez International during the 4th quarter valued at $34,000. Frank Rimerman Advisors LLC raised its stake in shares of Mondelez International by 36.9% during the 4th quarter. Frank Rimerman Advisors LLC now owns 32,069 shares of the company’s stock worth $1,726,000 after purchasing an additional 8,652 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Mondelez International by 1.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 426,435 shares of the company’s stock worth $23,169,000 after purchasing an additional 4,660 shares during the period. Finally, Moody Lynn & Lieberson LLC boosted its holdings in shares of Mondelez International by 15.3% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 86,367 shares of the company’s stock worth $4,649,000 after buying an additional 11,485 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value 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. The trade was a 2.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Mondelez International Trading Down 1.0%

Shares of Mondelez International stock opened at $57.07 on Thursday. The stock has a market capitalization of $73.16 billion, a P/E ratio of 30.36, a P/E/G ratio of 2.45 and a beta of 0.37. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The stock’s 50-day simple moving average is $58.68 and its 200 day simple moving average is $58.16.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results 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. The firm had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a yield of 3.5%. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Analysts Set New Price Targets

A number of analysts recently issued reports on MDLZ shares. DA Davidson restated a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday. Argus raised shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. decreased their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Finally, Morgan Stanley lifted their price target on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $66.00.

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.