Apella Capital LLC Acquires 10,892 Shares of Mondelez International, Inc. $MDLZ

Apella Capital LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 38.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 39,174 shares of the company’s stock after buying an additional 10,892 shares during the period. Apella Capital LLC’s holdings in Mondelez International were worth $2,243,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Keudell Morrison Wealth Management bought a new position in Mondelez International during the first quarter valued at about $248,000. Faithward Advisors LLC raised its position in shares of Mondelez International by 34.9% in the first quarter. Faithward Advisors LLC now owns 8,581 shares of the company’s stock valued at $495,000 after purchasing an additional 2,222 shares during the period. Cidel Asset Management Inc. lifted its stake in shares of Mondelez International by 24.4% during the 1st quarter. Cidel Asset Management Inc. now owns 12,969 shares of the company’s stock valued at $748,000 after buying an additional 2,542 shares in the last quarter. HHM Wealth Advisors LLC lifted its stake in shares of Mondelez International by 61.7% during the 1st quarter. HHM Wealth Advisors LLC now owns 1,096 shares of the company’s stock valued at $63,000 after buying an additional 418 shares in the last quarter. Finally, Prentice Wealth Management LLC bought a new position in Mondelez International in the 1st quarter worth approximately $208,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the subject of a number of recent research reports. BTIG Research assumed coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. UBS Group raised their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $61.20 on Friday. The stock has a market cap of $78.56 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.42 and a beta of 0.38. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The stock’s 50-day moving average is $60.66 and its 200 day moving average is $58.43. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) 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 net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the prior year, the company earned $0.76 EPS. The firm’s revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 EPS 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. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s 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.