Arvest Bank Trust Division Sells 28,590 Shares of Mondelez International, Inc. $MDLZ

Arvest Bank Trust Division lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 24.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 87,251 shares of the company’s stock after selling 28,590 shares during the period. Arvest Bank Trust Division’s holdings in Mondelez International were worth $4,697,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International during the 3rd quarter worth approximately $27,000. High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $30,000. McIlrath & Eck LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $30,000. Navalign LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $31,000. Finally, JPL Wealth Management LLC bought a new stake in Mondelez International during the 3rd quarter worth approximately $32,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MDLZ shares. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Bank of America increased their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Argus raised shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Finally, Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Trading Down 0.8%

MDLZ stock opened at $61.24 on Wednesday. The firm has a fifty day moving average price of $58.91 and a 200 day moving average price of $57.63. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The firm has a market cap of $78.61 billion, a PE ratio of 30.47, a price-to-earnings-growth ratio of 2.42 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period last year, the firm posted $0.76 earnings per share. Mondelez International’s revenue for the quarter was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio is 99.50%.

Mondelez International 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.