Diversify Wealth Management LLC Buys 11,797 Shares of Mondelez International, Inc. $MDLZ

Diversify Wealth Management LLC grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 267.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,209 shares of the company’s stock after acquiring an additional 11,797 shares during the quarter. Diversify Wealth Management LLC’s holdings in Mondelez International were worth $989,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares during the last quarter. United Bank boosted its stake in shares of Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after buying an additional 3,070 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after buying an additional 71,667 shares during the last quarter. Osterweis Capital Management Inc. boosted its stake in shares of Mondelez International by 4,470.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after buying an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Mondelez International by 144.9% in the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock worth $532,000 after acquiring an additional 4,668 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on MDLZ shares. Barclays upped their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. BTIG Research assumed coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price on the stock. Bank of America boosted their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Finally, UBS Group increased their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Down 0.1%

NASDAQ:MDLZ opened at $58.72 on Thursday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The business has a fifty day moving average price of $60.98 and a 200-day moving average price of $58.95. The firm has a market capitalization of $75.38 billion, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the previous year, the business earned $0.76 earnings per share. Mondelez International’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. Sell-side analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio (DPR) is 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.