Mondelez International, Inc. $MDLZ Shares Purchased by Pure Financial Advisors LLC

Pure Financial Advisors LLC raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 46.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,193 shares of the company’s stock after buying an additional 2,592 shares during the quarter. Pure Financial Advisors LLC’s holdings in Mondelez International were worth $553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Abound Financial LLC acquired a new stake in shares of Mondelez International during the 1st quarter worth approximately $25,000. Goodman Advisory Group LLC acquired a new stake in shares of Mondelez International during the 1st quarter worth approximately $26,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Mondelez International by 376.1% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company’s stock worth $30,000 after purchasing an additional 346 shares during the period. North Capital Inc. acquired a new stake in shares of Mondelez International during the 1st quarter worth approximately $31,000. Finally, Saudi Central Bank acquired a new stake in shares of Mondelez International during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Mondelez International in a research report on Wednesday, August 20th. They set an “overweight” rating and a $75.00 price target on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Mondelez International in a research report on Saturday, September 27th. Stifel Nicolaus raised their target price on Mondelez International from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Evercore ISI lowered their target price on Mondelez International from $73.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Finally, UBS Group lowered their target price on Mondelez International from $72.00 to $69.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $71.80.

Mondelez International Stock Up 1.4%

Shares of MDLZ stock opened at $62.67 on Friday. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $72.70. The stock has a market cap of $81.09 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 4.67 and a beta of 0.45. The business’s fifty day moving average is $62.78 and its 200-day moving average is $65.55. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.39 and a current ratio of 0.64.

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

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.50 per share. This is a boost from Mondelez International’s previous quarterly dividend of $0.47. The ex-dividend date is Tuesday, September 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is 73.26%.

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.