BLI Banque de Luxembourg Investments Sells 37,386 Shares of Mondelez International, Inc. $MDLZ

BLI Banque de Luxembourg Investments cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 570,808 shares of the company’s stock after selling 37,386 shares during the quarter. Mondelez International makes up about 0.9% of BLI Banque de Luxembourg Investments’ investment portfolio, making the stock its 29th biggest position. BLI Banque de Luxembourg Investments’ holdings in Mondelez International were worth $31,296,000 at the end of the most recent quarter.

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

Mondelez International Stock Down 0.7%

Shares of NASDAQ:MDLZ opened at $61.60 on Tuesday. The business has a 50 day simple moving average of $59.72 and a two-hundred day simple moving average of $57.95. 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, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The firm has a market capitalization of $79.07 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly 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 net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the previous year, the firm posted $0.76 earnings per share. The company’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 analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

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 paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is currently 99.50%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MDLZ shares. Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Barclays boosted their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price 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.