CX Institutional raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 204.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 166,942 shares of the company’s stock after acquiring an additional 112,154 shares during the quarter. CX Institutional’s holdings in Mondelez International were worth $8,986,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Financial Perspectives Inc boosted its position in Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock valued at $59,000 after acquiring an additional 176 shares in the last quarter. Leo Wealth LLC boosted its position in Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares in the last quarter. Columbia Asset Management boosted its position in Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after acquiring an additional 180 shares in the last quarter. West Paces Advisors Inc. boosted its position in Mondelez International by 1.1% during the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after acquiring an additional 186 shares in the last quarter. Finally, Acorn Wealth Advisors LLC boosted its position in Mondelez International by 4.8% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after acquiring an additional 189 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.
Analyst Ratings Changes
MDLZ has been the subject of a number of recent analyst reports. Sanford C. Bernstein lowered their price objective 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. Mizuho lowered their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Barclays raised their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday. Stifel Nicolaus lowered their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, TD Cowen raised their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.05.
Mondelez International Stock Performance
Shares of MDLZ stock opened at $61.37 on Friday. The firm has a market capitalization of $78.67 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.51 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.39. The business has a fifty day moving average of $57.96 and a 200 day moving average of $57.48. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 14.14% and a net margin of 6.64%.The firm’s quarterly 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. As a group, research analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.
Mondelez International Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st were paid a $0.50 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.
Insider Transactions at Mondelez International
In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.45% of the stock is owned by company insiders.
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.
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