Mondelez International, Inc. $MDLZ Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 12.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 340,953 shares of the company’s stock after selling 50,261 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Mondelez International were worth $18,354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp acquired a new stake in Mondelez International during the third quarter worth about $27,000. High Point Wealth Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at about $30,000. McIlrath & Eck LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at about $30,000. Navalign LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at about $31,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Mondelez International in the third quarter valued at about $32,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.04 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The business has a 50 day moving average price of $59.64 and a two-hundred day moving average price of $57.89. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a market cap of $79.64 billion, a PE ratio of 30.87, a price-to-earnings-growth ratio of 2.39 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share 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 during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm earned $0.76 EPS. Mondelez International’s quarterly 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. Sell-side analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Barclays increased their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Wells Fargo & Company increased their target price on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, TD Cowen increased their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

View Our Latest Stock Analysis on Mondelez International

Mondelez International Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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