Mondelez International’s (MDLZ) Neutral Rating Reaffirmed at Rothschild & Co Redburn

Rothschild & Co Redburn reaffirmed their neutral rating on shares of Mondelez International (NASDAQ:MDLZ) in a research report report published on Wednesday morning, Marketbeat reports. The firm currently has a $55.00 price objective on the stock, down from their prior price objective of $71.00.

Several other brokerages have also recently weighed in on MDLZ. Morgan Stanley upped their price target on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Mizuho reduced their price objective on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. 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 research report on Wednesday, February 4th. Finally, Argus upgraded Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average target price of $66.71.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $57.43 on Wednesday. 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 stock’s fifty day moving average price is $58.64 and its 200-day moving average price is $58.31. The firm has a market cap of $73.62 billion, a P/E ratio of 30.55, a P/E/G ratio of 2.39 and a beta of 0.38. Mondelez International has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data 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. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. During the same period in the prior year, the firm earned $0.65 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts expect that Mondelez International will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

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

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated 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 sale, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Norges Bank purchased a new stake in Mondelez International in the fourth quarter valued at approximately $1,010,020,000. JPMorgan Chase & Co. raised its position in Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after buying an additional 10,137,457 shares during the last quarter. Capital International Investors raised its position in Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after buying an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after acquiring an additional 3,993,811 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after acquiring an additional 3,803,776 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

About Mondelez International

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.