HB Wealth Management LLC Reduces Stock Holdings in Mondelez International, Inc. $MDLZ

HB Wealth Management LLC lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,811 shares of the company’s stock after selling 8,885 shares during the period. HB Wealth Management LLC’s holdings in Mondelez International were worth $6,560,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in Mondelez International in the 4th quarter worth $1,010,020,000. Capital International Investors boosted its stake in shares of Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after purchasing an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Mondelez International by 72.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after buying an additional 3,803,776 shares during the period. Finally, Bank of Montreal Can increased its position in shares of Mondelez International by 190.3% during the fourth quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after buying an additional 2,801,689 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $60.91 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The company has a 50-day moving average of $61.05 and a 200 day moving average of $58.65. The firm has a market cap of $78.19 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.39 and a beta of 0.39. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 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 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 quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Analysts Set New Price Targets

MDLZ has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen lifted their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. UBS Group upped their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. 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. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.