Mondelez International, Inc. $MDLZ Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 13.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 77,845 shares of the company’s stock after selling 12,017 shares during the period. Vontobel Holding Ltd.’s holdings in Mondelez International were worth $4,503,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MDLZ. OLD Republic International Corp boosted its holdings in shares of Mondelez International by 156.6% in the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after acquiring an additional 252,700 shares in the last quarter. Allstate Corp raised its holdings in Mondelez International by 107.7% during the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after purchasing an additional 50,562 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Mondelez International by 41.0% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after purchasing an additional 1,166,036 shares in the last quarter. VCI Wealth Management LLC acquired a new stake in Mondelez International in the fourth quarter valued at about $970,000. Finally, PKO Investment Management Joint Stock Co lifted its position in Mondelez International by 115.0% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock valued at $5,440,000 after purchasing an additional 54,066 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $63.61 on Monday. The stock has a fifty day moving average price of $61.17 and a 200 day moving average price of $59.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The stock has a market cap of $81.19 billion, a PE ratio of 23.39, a P/E/G ratio of 2.59 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same quarter in the prior year, the company earned $0.73 earnings per share. Mondelez International’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 73.53%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating and issued a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. TD Cowen upped their price objective on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.30.

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.