Roundview Capital LLC Sells 868 Shares of Mondelez International, Inc. $MDLZ

Roundview Capital LLC reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,963 shares of the company’s stock after selling 868 shares during the period. Roundview Capital LLC’s holdings in Mondelez International were worth $1,414,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Hemington Wealth Management raised its stake in Mondelez International by 11.4% in the first quarter. Hemington Wealth Management now owns 1,519 shares of the company’s stock worth $103,000 after buying an additional 156 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Mondelez International by 1.0% in the first quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company’s stock worth $1,083,000 after buying an additional 160 shares in the last quarter. Sound Income Strategies LLC raised its stake in Mondelez International by 11.1% in the first quarter. Sound Income Strategies LLC now owns 1,688 shares of the company’s stock worth $115,000 after buying an additional 168 shares in the last quarter. Enterprise Bank & Trust Co raised its stake in Mondelez International by 0.7% in the second quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock worth $1,616,000 after buying an additional 170 shares in the last quarter. Finally, Sage Private Wealth Group LLC raised its stake in Mondelez International by 3.7% in the first quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company’s stock worth $334,000 after buying an additional 175 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MDLZ shares. Morgan Stanley cut their price objective on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a report on Monday. Piper Sandler upped their price objective on shares of Mondelez International from $66.00 to $67.00 and gave the stock a “neutral” rating in a report on Wednesday, July 30th. Stifel Nicolaus upped their price objective on shares of Mondelez International from $73.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Berenberg Bank cut shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a report on Thursday, October 2nd. Finally, Barclays upped their price objective on shares of Mondelez International from $74.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.75.

Mondelez International Trading Up 1.3%

NASDAQ:MDLZ opened at $62.60 on Wednesday. The company’s 50 day moving average price is $62.48 and its 200-day moving average price is $65.53. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $72.70. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The stock has a market cap of $81.00 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 4.68 and a beta of 0.45.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The firm had revenue of $8.98 billion for the quarter, compared to analysts’ expectations of $8.82 billion. During the same quarter in the prior year, the company posted $0.86 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is currently 73.26%.

Mondelez International Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.