Private Advisory Group LLC Acquires New Position in Mondelez International, Inc. $MDLZ

Private Advisory Group LLC bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 155,180 shares of the company’s stock, valued at approximately $9,694,000.

A number of other institutional investors also recently modified their holdings of the stock. Clearstead Advisors LLC raised its holdings in shares of Mondelez International by 13.4% during the third quarter. Clearstead Advisors LLC now owns 38,838 shares of the company’s stock worth $2,426,000 after acquiring an additional 4,590 shares in the last quarter. Avalon Trust Co increased its position in Mondelez International by 3.7% in the 3rd quarter. Avalon Trust Co now owns 212,823 shares of the company’s stock worth $13,295,000 after purchasing an additional 7,573 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of Mondelez International by 0.6% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 55,794 shares of the company’s stock worth $3,485,000 after purchasing an additional 316 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in shares of Mondelez International by 19.2% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 48,628 shares of the company’s stock valued at $3,038,000 after buying an additional 7,826 shares during the last quarter. Finally, Partners in Financial Planning bought a new stake in shares of Mondelez International in the 3rd quarter valued at approximately $222,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ MDLZ opened at $58.80 on Monday. The company has a market cap of $75.37 billion, a P/E ratio of 31.28, a P/E/G ratio of 2.45 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a fifty day simple moving average of $56.99 and a 200 day simple moving average of $58.93.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s payout ratio is currently 106.38%.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on MDLZ shares. Stifel Nicolaus cut their price objective on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Barclays dropped their price target on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. DZ Bank raised shares of Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. UBS Group decreased their price objective on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Finally, Argus upgraded Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International 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.