Boothbay Fund Management LLC Sells 56,456 Shares of Mondelez International, Inc. $MDLZ

Boothbay Fund Management LLC lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 25.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,132 shares of the company’s stock after selling 56,456 shares during the period. Boothbay Fund Management LLC’s holdings in Mondelez International were worth $9,104,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new stake in Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International during the 3rd quarter worth approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International during the 4th quarter worth approximately $28,000. Finally, High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ stock opened at $60.86 on Thursday. 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 one year low of $51.20 and a one year high of $71.15. The stock has a market cap of $78.12 billion, a PE ratio of 30.28, a P/E/G ratio of 2.43 and a beta of 0.38. The firm has a 50 day simple moving average of $60.38 and a two-hundred day simple moving average of $58.24.

Mondelez International (NASDAQ:MDLZ) last released 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. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the company earned $0.76 EPS. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts predict that Mondelez International, Inc. will post 3.06 EPS 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. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is currently 99.50%.

Analyst Ratings Changes

A number of analysts recently weighed in on MDLZ shares. BTIG Research started coverage on shares of Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. 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. Finally, Barclays upped their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. One investment 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International 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.