Mondelez International, Inc. $MDLZ Position Raised by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 582,949 shares of the company’s stock after buying an additional 9,836 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Mondelez International were worth $31,380,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Empowered Funds LLC lifted its stake in Mondelez International by 36.7% in the fourth quarter. Empowered Funds LLC now owns 156,611 shares of the company’s stock valued at $8,430,000 after buying an additional 42,031 shares during the last quarter. Foyston Gordon & Payne Inc lifted its stake in Mondelez International by 20.5% in the fourth quarter. Foyston Gordon & Payne Inc now owns 136,618 shares of the company’s stock valued at $7,354,000 after buying an additional 23,219 shares during the last quarter. M Holdings Securities Inc. bought a new stake in Mondelez International in the fourth quarter valued at $993,000. Signet Private Wealth LLC bought a new stake in Mondelez International in the fourth quarter valued at $536,000. Finally, Ameritas Investment Partners Inc. lifted its stake in Mondelez International by 5.8% in the fourth quarter. Ameritas Investment Partners Inc. now owns 59,006 shares of the company’s stock valued at $3,176,000 after buying an additional 3,212 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent research reports. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. TD Cowen lifted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group lifted their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $63.36 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm’s 50-day simple moving average is $60.04 and its 200 day simple moving average is $58.10. 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 stock has a market cap of $81.33 billion, a P/E ratio of 31.52, a P/E/G ratio of 2.51 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating 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 business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the business earned $0.76 earnings per share. The company’s revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s 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.