Mcdonald Partners LLC Reduces Stock Position in Mondelez International, Inc. $MDLZ

Mcdonald Partners LLC cut its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 71.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,020 shares of the company’s stock after selling 12,491 shares during the period. Mcdonald Partners LLC’s holdings in Mondelez International were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Asset Management One Co. Ltd. boosted its stake in Mondelez International by 3.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after purchasing an additional 22,194 shares during the period. Deprince Race & Zollo Inc. lifted its holdings in shares of Mondelez International by 70.5% in the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after buying an additional 193,956 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Mondelez International by 32.2% in the third quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock valued at $9,240,000 after acquiring an additional 36,037 shares during the period. Jones Financial Companies Lllp grew its stake in Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after acquiring an additional 46,182 shares in the last quarter. Finally, Confluence Investment Management LLC grew its stake in Mondelez International by 324.5% during the third quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock valued at $138,928,000 after acquiring an additional 1,699,980 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wells Fargo & Company increased their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler increased their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Mizuho reduced their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Bank of America decreased their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Finally, TD Cowen dropped their price target on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Mondelez International Trading Down 0.1%

NASDAQ MDLZ opened at $58.69 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The stock’s 50-day simple moving average is $57.92 and its two-hundred day simple moving average is $58.86. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a market capitalization of $75.23 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 2.45 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal 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 paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.

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.