Goldman Sachs Group Inc. Trims Position in Mondelez International, Inc. $MDLZ

Goldman Sachs Group Inc. lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,332,631 shares of the company’s stock after selling 297,298 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Mondelez International were worth $448,546,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Leo Wealth LLC increased its position in Mondelez International by 2.4% during the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares during the last quarter. Columbia Asset Management increased its position in Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after acquiring an additional 180 shares during the last quarter. West Paces Advisors Inc. increased its position in Mondelez International by 1.1% during the fourth 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 during the last quarter. Nicolet Advisory Services LLC increased its position in Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after acquiring an additional 197 shares during the last quarter. Finally, CYBER HORNET ETFs LLC increased its position in Mondelez International by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock valued at $204,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ opened at $60.99 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The business has a 50-day simple moving average of $59.54 and a two-hundred day simple moving average of $57.86. The stock has a market cap of $78.29 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 2.40 and a beta of 0.38. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued 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. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

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 given a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio is presently 99.50%.

Analyst Ratings Changes

MDLZ has been the subject of a number of research reports. Wells Fargo & Company upped their price objective on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. upped their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 price target (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, Barclays upped their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Company 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.