Northside Capital Management LLC Decreases Stake in Mondelez International, Inc. $MDLZ

Northside Capital Management LLC cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 37.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,479 shares of the company’s stock after selling 30,191 shares during the quarter. Northside Capital Management LLC’s holdings in Mondelez International were worth $2,717,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MDLZ. Soundwatch Capital LLC purchased a new stake in Mondelez International during the second quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International during the third quarter worth about $27,000. Richardson Financial Services Inc. increased its holdings in Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Mondelez International in the third quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC lifted its position 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 during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MDLZ. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Stifel Nicolaus reduced their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a report 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 research report on Thursday, January 8th. Finally, Argus raised Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.44.

Read Our Latest Analysis on MDLZ

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.41% of the stock is currently owned by company insiders.

Mondelez International Stock Down 0.5%

MDLZ stock opened at $56.21 on Friday. The company’s 50 day simple moving average is $58.57 and its 200-day simple moving average is $58.40. The firm has a market capitalization of $72.05 billion, a PE ratio of 29.90, 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. 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:MDLZGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period in the previous year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a yield of 3.6%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

Mondelez International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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