Analysts Set Mondelez International, Inc. (NASDAQ:MDLZ) Price Target at $66.47

Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus recommendation of “Moderate Buy” by the twenty-three ratings firms that are currently covering the company, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $67.0526.

MDLZ has been the topic of several analyst reports. Piper Sandler lifted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. lifted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Mizuho reduced their price objective on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Finally, Bank of America lifted their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th.

Mondelez International Stock Performance

MDLZ opened at $61.36 on Wednesday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a market cap of $78.65 billion, a price-to-earnings ratio of 30.53, a PEG ratio of 2.40 and a beta of 0.39. The company’s 50 day moving average is $58.01 and its 200 day moving average is $57.45. Mondelez International has a 12-month low of $51.20 and a 12-month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data 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. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter last year, the firm posted $0.76 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts predict that Mondelez International will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 3,064 shares of company stock valued at $189,934 in the last quarter. Insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Mondelez International

Several large investors have recently bought and sold shares of the business. Norges Bank bought a new position in Mondelez International during the fourth quarter valued at $1,010,020,000. JPMorgan Chase & Co. increased its position in Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after acquiring an additional 10,137,457 shares during the last quarter. Capital International Investors increased its position in Mondelez International by 10.7% during the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after acquiring an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after acquiring an additional 3,993,811 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Mondelez International by 72.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after acquiring an additional 3,803,776 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

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.