Mondelez International, Inc. $MDLZ Shares Sold by Erste Asset Management GmbH

Erste Asset Management GmbH decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,620 shares of the company’s stock after selling 27,779 shares during the quarter. Erste Asset Management GmbH’s holdings in Mondelez International were worth $7,299,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MDLZ. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $27,000. High Point Wealth Management LLC acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $30,000. McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $30,000. Navalign LLC acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.7%

Shares of NASDAQ MDLZ opened at $61.60 on Tuesday. The company has a market cap of $79.07 billion, a price-to-earnings ratio of 30.65, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock’s 50 day simple moving average is $59.72 and its 200 day simple moving average is $57.95.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors 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 annualized dividend and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Sanford C. Bernstein decreased 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. Bank of America lifted their target price on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. Finally, UBS Group raised their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. One research 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’s stock. According to data from MarketBeat.com, the company presently has an average 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.