Burling Wealth Partners LLC Raises Holdings in Mondelez International, Inc. $MDLZ

Burling Wealth Partners LLC lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 30.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 35,527 shares of the company’s stock after acquiring an additional 8,253 shares during the period. Burling Wealth Partners LLC’s holdings in Mondelez International were worth $1,912,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp boosted its position in Mondelez International by 8.0% in the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after buying an additional 46,182 shares during the last quarter. Federated Hermes Inc. boosted its position in Mondelez International by 2,080.4% in the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after buying an additional 2,353,841 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in Mondelez International by 12.6% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock valued at $31,635,000 after buying an additional 56,510 shares during the last quarter. E. Ohman J or Asset Management AB purchased a new stake in Mondelez International in the fourth quarter valued at approximately $2,629,000. Finally, Trek Financial LLC purchased a new stake in Mondelez International in the third quarter valued at approximately $1,216,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.9%

Shares of NASDAQ:MDLZ opened at $61.84 on Thursday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The firm has a market capitalization of $79.38 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.40 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. The business’s 50 day moving average price is $58.40 and its 200-day moving average price is $57.49.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results 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 return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm posted $0.76 EPS. The business’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 forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed 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 yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

Analyst Ratings Changes

A number of brokerages recently commented on MDLZ. BTIG Research began 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. TD Cowen upped their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Finally, Morgan Stanley upped their price objective on Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. One investment 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

About Mondelez International

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.