Howe & Rusling Inc. Grows Position in Mondelez International, Inc. $MDLZ

Howe & Rusling Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 29.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 194,166 shares of the company’s stock after purchasing an additional 44,144 shares during the quarter. Howe & Rusling Inc.’s holdings in Mondelez International were worth $11,192,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. J.Safra Asset Management Corp purchased a new stake in shares of Mondelez International during the 4th quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new position in Mondelez International in the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International in the 3rd quarter valued at approximately $27,000. Kemnay Advisory Services Inc. purchased a new position in Mondelez International in the 4th quarter valued at approximately $28,000. Finally, High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. TD Cowen increased their target price on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. BTIG Research started coverage on Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. Finally, Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Performance

Mondelez International stock opened at $60.91 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock has a market cap of $78.19 billion, a P/E ratio of 30.30, a price-to-earnings-growth ratio of 2.39 and a beta of 0.39. The firm’s fifty day moving average price is $61.05 and its 200-day moving average price is $58.65.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 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 for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 earnings per share. 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, equities research analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be given a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s payout ratio 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.