Mondelez International, Inc. $MDLZ Position Lessened by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,050 shares of the company’s stock after selling 9,959 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Mondelez International were worth $7,185,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MDLZ. J.Safra Asset Management Corp bought a new position in shares of Mondelez International during the fourth quarter worth about $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International in the 4th quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International in the 4th quarter valued at about $28,000. High Point Wealth Management LLC acquired a new position in Mondelez International during the 4th quarter valued at about $30,000. Finally, McIlrath & Eck LLC acquired a new position in Mondelez International during the 4th quarter valued at about $30,000. 78.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on MDLZ. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Barclays increased their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.44.

Mondelez International Stock Down 0.7%

MDLZ stock opened at $61.00 on Friday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a market capitalization of $78.30 billion, a price-to-earnings ratio of 30.35, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The firm’s 50-day moving average is $60.97 and its two-hundred day moving average is $59.02. 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

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