Mondelez International, Inc. $MDLZ Shares Sold by Edgar Lomax Co. VA

Edgar Lomax Co. VA reduced its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 774,220 shares of the company’s stock after selling 226,115 shares during the quarter. Mondelez International comprises 3.8% of Edgar Lomax Co. VA’s portfolio, making the stock its 8th largest holding. Edgar Lomax Co. VA’s holdings in Mondelez International were worth $48,366,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Soundwatch Capital LLC bought a new position in Mondelez International during the second quarter valued at about $27,000. Aspect Partners LLC lifted its holdings in Mondelez International by 180.5% in the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after acquiring an additional 305 shares during the last quarter. Richardson Financial Services Inc. boosted its position in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares in the last quarter. Halbert Hargrove Global Advisors LLC grew its stake in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares during the last quarter. Finally, Traub Capital Management LLC bought a new stake in shares of Mondelez International in the 2nd quarter worth approximately $37,000. Institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling

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

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $58.16 on Friday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. 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 has a market cap of $74.55 billion, a PE ratio of 30.94, a price-to-earnings-growth ratio of 2.45 and a beta of 0.38. The business has a fifty day simple moving average of $57.99 and a 200-day simple moving average of $58.85.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period in the prior year, the business earned $0.65 EPS. The business’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. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Analyst Ratings Changes

Several analysts recently commented on MDLZ shares. DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Mizuho cut their price objective 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. JPMorgan Chase & Co. reduced their price objective on Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. TD Cowen cut their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, Argus raised Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $67.06.

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.