Dearborn Partners LLC Lowers Position in Mondelez International, Inc. $MDLZ

Dearborn Partners LLC lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 12.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 255,022 shares of the company’s stock after selling 35,982 shares during the quarter. Dearborn Partners LLC’s holdings in Mondelez International were worth $13,728,000 at the end of the most recent reporting period.

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

Mondelez International Price Performance

Mondelez International stock opened at $62.04 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a market cap of $79.64 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 2.43 and a beta of 0.38. The firm’s fifty day moving average is $59.64 and its 200 day moving average is $57.89.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data 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 business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the business posted $0.76 earnings per share. The business’s revenue 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 forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company 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 3.2%. Mondelez International’s payout ratio is 99.50%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen upped their price target on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.05.

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.