Trilogy Capital Inc. Purchases 1,330 Shares of Mondelez International, Inc. $MDLZ

Trilogy Capital Inc. lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 23.5% during the second quarter, Holdings Channel reports. The firm owned 6,995 shares of the company’s stock after acquiring an additional 1,330 shares during the period. Trilogy Capital Inc.’s holdings in Mondelez International were worth $472,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MDLZ. Kingswood Wealth Advisors LLC grew its position in Mondelez International by 15.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 7,768 shares of the company’s stock valued at $527,000 after buying an additional 1,013 shares during the period. Canopy Partners LLC raised its position in Mondelez International by 20.7% in the first quarter. Canopy Partners LLC now owns 16,800 shares of the company’s stock worth $1,140,000 after acquiring an additional 2,876 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in Mondelez International by 23.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,786 shares of the company’s stock worth $3,039,000 after acquiring an additional 8,544 shares during the period. TCW Group Inc. raised its position in Mondelez International by 1.1% in the first quarter. TCW Group Inc. now owns 98,444 shares of the company’s stock worth $6,679,000 after acquiring an additional 1,075 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in Mondelez International by 58.2% in the first quarter. Flagship Harbor Advisors LLC now owns 10,883 shares of the company’s stock worth $738,000 after acquiring an additional 4,002 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Up 1.1%

Shares of MDLZ opened at $63.17 on Thursday. The business’s 50-day moving average price is $63.10 and its 200-day moving average price is $65.58. The stock has a market cap of $81.74 billion, a PE ratio of 23.14, a P/E/G ratio of 4.73 and a beta of 0.45. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $72.97.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, July 29th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The business had revenue of $8.98 billion for the quarter, compared to the consensus estimate of $8.82 billion. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. Mondelez International’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $0.86 earnings per share. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is presently 73.26%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research report on Friday, August 1st. Sanford C. Bernstein lifted their price objective on shares of Mondelez International from $79.00 to $88.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Wells Fargo & Company dropped their price objective on shares of Mondelez International from $78.00 to $74.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. JPMorgan Chase & Co. initiated coverage on shares of Mondelez International in a research report on Wednesday, August 20th. They set an “overweight” rating and a $75.00 target price for the company. Finally, Stifel Nicolaus increased their target price on shares of Mondelez International from $73.00 to $76.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Fourteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $71.89.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.