Mondelez International, Inc. $MDLZ Shares Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 77.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,526 shares of the company’s stock after acquiring an additional 18,152 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Mondelez International were worth $2,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the period. United Bank raised its stake in shares of Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after purchasing an additional 71,667 shares during the period. Osterweis Capital Management Inc. boosted its position in Mondelez International by 4,470.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after buying an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in Mondelez International by 144.9% in the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after buying an additional 4,668 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Barclays upped their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. 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 on the stock. Finally, TD Cowen raised their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Price Performance

Shares of MDLZ stock opened at $60.91 on Friday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a market cap of $78.19 billion, a P/E ratio of 30.30, a P/E/G ratio of 2.39 and a beta of 0.39. The stock has a 50 day moving average of $61.05 and a 200 day moving average of $58.65. 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 released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s payout ratio is currently 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.