SVB Wealth LLC Reduces Stock Position in Mondelez International, Inc. $MDLZ

SVB Wealth LLC cut its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 24.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,316 shares of the company’s stock after selling 12,440 shares during the quarter. SVB Wealth LLC’s holdings in Mondelez International were worth $2,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BridgePort Financial Solutions LLC bought a new stake in Mondelez International in the 3rd quarter worth approximately $203,000. Rockland Trust Co. lifted its holdings in shares of Mondelez International by 234.2% during the 3rd quarter. Rockland Trust Co. now owns 23,230 shares of the company’s stock valued at $1,451,000 after buying an additional 16,279 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of Mondelez International by 48.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 188,026 shares of the company’s stock worth $11,746,000 after buying an additional 61,522 shares during the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of Mondelez International by 1.9% in the third quarter. Johnson Investment Counsel Inc. now owns 55,667 shares of the company’s stock worth $3,477,000 after acquiring an additional 1,029 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of Mondelez International by 1.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 45,203 shares of the company’s stock worth $2,824,000 after acquiring an additional 442 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ opened at $60.68 on Wednesday. The company has a 50 day simple moving average of $56.02 and a two-hundred day simple moving average of $59.18. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The firm has a market cap of $78.30 billion, a P/E ratio of 32.28, a PEG ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the previous year, the company earned $0.65 EPS. Mondelez International’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MDLZ shares. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday. Sanford C. Bernstein reissued an “outperform” rating on shares of Mondelez International in a report on Monday, January 26th. DA Davidson restated a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. UBS Group decreased their price target on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Finally, Wells Fargo & Company lifted their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $67.44.

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.