Brown Advisory Inc. Cuts Stock Holdings in Mondelez International, Inc. $MDLZ

Brown Advisory Inc. lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,694,383 shares of the company’s stock after selling 110,344 shares during the quarter. Brown Advisory Inc.’s holdings in Mondelez International were worth $91,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. OLD Republic International Corp grew its position in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after purchasing an additional 252,700 shares during the last quarter. VCI Wealth Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter worth $970,000. E. Ohman J or Asset Management AB acquired a new stake in shares of Mondelez International in the fourth quarter worth $2,629,000. Wealthfront Advisers LLC increased its stake in shares of Mondelez International by 15.3% in the fourth quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after acquiring an additional 28,797 shares during the period. Finally, PKO Investment Management Joint Stock Co lifted its stake in shares of Mondelez International by 115.0% in the 4th quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock valued at $5,440,000 after purchasing an additional 54,066 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. UBS Group upped their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, TD Cowen upped their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Performance

Shares of MDLZ opened at $62.99 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a 50-day moving average price of $60.16 and a 200 day moving average price of $58.15. The firm has a market capitalization of $80.86 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.47 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion during 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%. Mondelez International’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given 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 dividend payout ratio is currently 99.50%.

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.