Capital Research Global Investors Cuts Position in Mondelez International, Inc. $MDLZ

Capital Research Global Investors lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,521,307 shares of the company’s stock after selling 183,521 shares during the quarter. Capital Research Global Investors owned about 2.29% of Mondelez International worth $1,589,138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDLZ. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International in the third quarter worth about $27,000. High Point Wealth Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth approximately $30,000. McIlrath & Eck LLC bought a new position in shares of Mondelez International in the fourth quarter worth approximately $30,000. Navalign LLC bought a new position in shares of Mondelez International in the fourth quarter worth approximately $31,000. Finally, JPL Wealth Management LLC bought a new position in shares of Mondelez International in the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MDLZ. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Bank of America upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. BTIG Research began coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Barclays upped their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Up 1.7%

NASDAQ:MDLZ opened at $62.04 on Friday. The company has a market cap of $79.64 billion, a PE ratio of 30.87, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a 50 day simple moving average of $59.64 and a two-hundred day simple moving average of $57.89. Mondelez International, Inc. 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 results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the business posted $0.76 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

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.