Banque Pictet & Cie SA Lowers Position in Mondelez International, Inc. $MDLZ

Banque Pictet & Cie SA lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 38.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,650 shares of the company’s stock after selling 30,092 shares during the quarter. Banque Pictet & Cie SA’s holdings in Mondelez International were worth $2,565,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares during the period. United Bank boosted its holdings in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after buying an additional 3,070 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Mondelez International during the second quarter worth approximately $64,000. Invesco Ltd. raised its position in shares of Mondelez International by 10.7% in the second quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock valued at $936,894,000 after buying an additional 1,345,078 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Mondelez International by 62.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 13,326 shares of the company’s stock worth $899,000 after purchasing an additional 5,131 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Mondelez International stock opened at $57.54 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The stock has a market capitalization of $73.76 billion, a P/E ratio of 30.61, a P/E/G ratio of 2.43 and a beta of 0.37. The firm’s 50-day moving average is $58.67 and its two-hundred day moving average is $58.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $10.50 billion for 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%. Mondelez International’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The business 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 is 106.38%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MDLZ shares. Piper Sandler upped their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Bank of America dropped their price target on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. UBS Group lowered their price objective on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Stifel Nicolaus dropped their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Sanford C. Bernstein cut their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.00.

Insider Activity at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction 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 sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This 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 is available at the SEC website. Insiders own 0.41% of the company’s stock.

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.