Mondelez International, Inc. $MDLZ Shares Purchased by Focus Partners Wealth

Focus Partners Wealth raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,268,955 shares of the company’s stock after buying an additional 59,000 shares during the quarter. Focus Partners Wealth owned about 0.10% of Mondelez International worth $68,412,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in Mondelez International during the third quarter valued at approximately $27,000. J.Safra Asset Management Corp acquired a new stake in Mondelez International during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new stake in Mondelez International during the third quarter valued at approximately $32,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on MDLZ. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective on the stock. UBS Group upped their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.05.

Read Our Latest Report on MDLZ

Mondelez International Price Performance

Shares of Mondelez International stock opened at $62.99 on Monday. 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 business’s 50 day simple moving average is $60.16 and its 200-day simple moving average is $58.15. The stock has a market capitalization of $80.86 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 2.47 and a beta of 0.38. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

About Mondelez International

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZFree Report).

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.