Bourgeon Capital Management LLC Purchases 23,580 Shares of Mondelez International, Inc. $MDLZ

Bourgeon Capital Management LLC grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 14.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 191,281 shares of the company’s stock after purchasing an additional 23,580 shares during the quarter. Mondelez International makes up 1.7% of Bourgeon Capital Management LLC’s holdings, making the stock its 28th biggest holding. Bourgeon Capital Management LLC’s holdings in Mondelez International were worth $10,297,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. raised its holdings in Mondelez International by 0.6% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after buying an additional 172 shares during the last quarter. Financial Perspectives Inc boosted its position in Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after buying an additional 176 shares during the period. Acorn Wealth Advisors LLC grew its holdings in Mondelez International by 4.8% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after acquiring an additional 189 shares during the last quarter. Mccarter Private Wealth Services LLC grew its holdings in Mondelez International by 3.9% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock worth $316,000 after acquiring an additional 190 shares during the last quarter. Finally, 1620 Investment Advisors Inc. increased its position in Mondelez International by 1.6% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 12,232 shares of the company’s stock valued at $764,000 after acquiring an additional 191 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is owned by corporate insiders.

Mondelez International Trading Down 1.0%

NASDAQ:MDLZ opened at $57.64 on Wednesday. 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 firm’s fifty day moving average is $58.68 and its 200-day moving average is $58.17. The firm has a market cap of $73.89 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced 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 business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. Mondelez International’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share. 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 year.

Mondelez International Dividend Announcement

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

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Stifel Nicolaus cut their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Sanford C. Bernstein decreased their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Morgan Stanley raised their target price on Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Mizuho decreased their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.00.

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.