Florida Trust Wealth Management Co Trims Holdings in Mondelez International, Inc. $MDLZ

Florida Trust Wealth Management Co trimmed its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 20.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 86,498 shares of the company’s stock after selling 22,323 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Mondelez International were worth $4,656,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Savvy Advisors Inc. grew its holdings in Mondelez International by 28.2% during the 4th quarter. Savvy Advisors Inc. now owns 15,876 shares of the company’s stock valued at $855,000 after buying an additional 3,494 shares in the last quarter. Stratos Investment Management LLC lifted its holdings in shares of Mondelez International by 10.9% in the fourth quarter. Stratos Investment Management LLC now owns 4,140 shares of the company’s stock worth $223,000 after buying an additional 408 shares in the last quarter. Perpetual Ltd boosted its position in shares of Mondelez International by 17.5% in the fourth quarter. Perpetual Ltd now owns 9,333 shares of the company’s stock valued at $502,000 after acquiring an additional 1,393 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Mondelez International by 141.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,697 shares of the company’s stock valued at $468,000 after acquiring an additional 5,101 shares during the period. Finally, Aberdeen Group plc grew its stake in Mondelez International by 2.4% during the fourth quarter. Aberdeen Group plc now owns 1,401,839 shares of the company’s stock valued at $75,461,000 after acquiring an additional 32,281 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on MDLZ. TD Cowen lowered their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Piper Sandler upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Finally, Sanford C. Bernstein reduced their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $66.00.

Mondelez International Price Performance

MDLZ opened at $57.54 on Friday. The business’s fifty day simple moving average is $58.66 and its 200 day simple moving average is $58.09. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The stock has a market cap of $73.76 billion, a PE ratio of 30.61, a P/E/G ratio of 2.45 and a beta of 0.37.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results 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 analyst estimates of $10.32 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s 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. As a group, research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

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. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. Mondelez International’s 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 the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

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.