Lawood & Co. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 9,806 shares of the company’s stock, valued at approximately $528,000.
Other hedge funds have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International in the third quarter valued at about $27,000. Richardson Financial Services Inc. grew its position in Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares during the last quarter. High Point Wealth Management LLC bought a new position in Mondelez International in the fourth quarter valued at about $30,000. McIlrath & Eck LLC bought a new position in Mondelez International in the fourth quarter valued at about $30,000. Finally, Navalign LLC bought a new position in Mondelez International in the fourth quarter valued at about $31,000. 78.32% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of research firms have weighed in on MDLZ. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Stifel Nicolaus decreased their target price on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. UBS Group boosted their target price 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. Finally, Argus raised shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. One equities research 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $67.05.
Mondelez International Stock Performance
Shares of MDLZ stock opened at $60.44 on Friday. The business’s 50 day simple moving average is $58.20 and its 200 day simple moving average is $57.45. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The stock has a market capitalization of $77.58 billion, a PE ratio of 30.07, a PEG ratio of 2.39 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 0.37.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued 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 for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.
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.
Recommended Stories
- Five stocks we like better than Mondelez International
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZ – Free Report).
Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.
