Capital Group Private Client Services Inc. Reduces Stock Position in Mondelez International, Inc. $MDLZ

Capital Group Private Client Services Inc. reduced its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 271,816 shares of the company’s stock after selling 13,309 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Mondelez International were worth $14,632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Leo Wealth LLC lifted its stake in shares of Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after buying an additional 176 shares in the last quarter. Columbia Asset Management lifted its stake in shares of Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after buying an additional 180 shares in the last quarter. West Paces Advisors Inc. lifted its stake in shares of Mondelez International by 1.1% during the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after buying an additional 186 shares in the last quarter. Nicolet Advisory Services LLC lifted its stake in shares of Mondelez International by 1.1% during the 3rd quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after buying an additional 197 shares in the last quarter. Finally, CYBER HORNET ETFs LLC lifted its stake in shares of Mondelez International by 5.6% during the 4th quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock valued at $204,000 after buying an additional 200 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MDLZ. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Bank of America increased their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Sanford C. Bernstein lowered their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $62.04 on Friday. The company’s fifty day moving average price is $59.64 and its 200-day moving average price is $57.89. The firm has a market capitalization of $79.64 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 2.43 and a beta of 0.38. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion for 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 quarter in the prior year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is presently 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.