Van Hulzen Asset Management LLC Has $3.26 Million Holdings in Mondelez International, Inc. $MDLZ

Van Hulzen Asset Management LLC lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 63.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 60,637 shares of the company’s stock after selling 105,593 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Mondelez International were worth $3,264,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in shares of Mondelez International by 8.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after buying an additional 46,182 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of Mondelez International by 2,080.4% during the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after buying an additional 2,353,841 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Mondelez International by 12.6% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock worth $31,635,000 after buying an additional 56,510 shares in the last quarter. E. Ohman J or Asset Management AB bought a new position in shares of Mondelez International during the 4th quarter worth approximately $2,629,000. Finally, Trek Financial LLC bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $1,216,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. DA Davidson restated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Finally, Morgan Stanley increased their target price on Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Trading Down 0.5%

NASDAQ MDLZ opened at $61.50 on Friday. The firm has a market capitalization of $78.94 billion, a P/E ratio of 30.60, a PEG ratio of 2.42 and a beta of 0.39. The business has a fifty day simple moving average of $58.50 and a 200 day simple moving average of $57.52. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. 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 (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The business 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%.Mondelez International’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 EPS. 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. Investors of record on Tuesday, June 30th will be given 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 dividend payout ratio is presently 99.50%.

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.