Hsbc Holdings PLC boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,500,826 shares of the company’s stock after buying an additional 100,458 shares during the period. Hsbc Holdings PLC owned 0.20% of Mondelez International worth $134,679,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of MDLZ. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $33,000. Storen Legacy Partners LLC purchased a new position in shares of Mondelez International in the 4th quarter valued at approximately $619,000. Bayban purchased a new position in shares of Mondelez International in the 4th quarter valued at approximately $146,000. Rehmann Capital Advisory Group boosted its position in shares of Mondelez International by 5.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 12,883 shares of the company’s stock valued at $694,000 after purchasing an additional 687 shares in the last quarter. Finally, SHP Wealth Management bought a new stake in shares of Mondelez International during the fourth quarter valued at approximately $102,000. 78.32% of the stock is owned by institutional investors.
Analysts Set New Price Targets
MDLZ has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reduced their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. 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 report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. One 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 company’s stock. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.05.
Mondelez International Stock Performance
Mondelez International stock opened at $60.10 on Monday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $77.15 billion, a P/E ratio of 29.90, a PEG ratio of 2.35 and a beta of 0.38. The stock’s 50 day moving average is $60.46 and its 200 day moving average is $58.29.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating 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 business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the business earned $0.76 earnings per share. The firm’s quarterly 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. On average, equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal 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 $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is currently 99.50%.
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.
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