Wealth Alliance LLC Acquires 10,579 Shares of Mondelez International, Inc. $MDLZ

Wealth Alliance LLC boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 50.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,712 shares of the company’s stock after buying an additional 10,579 shares during the period. Wealth Alliance LLC’s holdings in Mondelez International were worth $1,828,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. J.Safra Asset Management Corp acquired a new stake in Mondelez International during the fourth quarter worth about $25,000. Advocate Investing Services LLC acquired a new position in Mondelez International in the 4th quarter valued at approximately $25,000. Kemnay Advisory Services Inc. acquired a new position in Mondelez International in the 4th quarter valued at approximately $28,000. High Point Wealth Management LLC bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $30,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MDLZ shares. BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective on the stock. TD Cowen lifted their price target on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research note on Monday. Finally, UBS Group raised their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.44.

Mondelez International Stock Up 0.8%

Shares of NASDAQ:MDLZ opened at $60.52 on Friday. The company’s fifty day moving average is $60.88 and its 200-day moving average is $59.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $70.61. The company has a market capitalization of $77.69 billion, a PE ratio of 30.11, a P/E/G ratio of 2.49 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.04 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s payout ratio is 99.50%.

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.