Mondelez International, Inc. $MDLZ Shares Purchased by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 494,900.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,800 shares of the company’s stock after buying an additional 19,796 shares during the quarter. Raleigh Capital Management Inc.’s holdings in Mondelez International were worth $1,141,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $27,000. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International in the 4th quarter valued at $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in Mondelez International during the 3rd quarter worth $32,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Mondelez International during the 4th quarter worth $28,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $60.91 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. 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 firm’s 50-day simple moving average is $61.05 and its 200-day simple moving average is $58.65. The company has a market cap of $78.19 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.39 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company posted $0.76 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. 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 note on Friday, April 10th. TD Cowen boosted their price target on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Finally, Barclays lifted their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.