Analysts Set Mondelez International, Inc. (NASDAQ:MDLZ) PT at $66.00

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have received a consensus rating of “Moderate Buy” from the twenty-two analysts that are presently covering the stock, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $66.00.

A number of analysts have recently weighed in on the company. Mizuho cut 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. Sanford C. Bernstein cut their price target on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Wells Fargo & Company upped their price target on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Finally, UBS Group cut their price target 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.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $58.38 on Friday. The stock has a fifty day moving average price of $58.65 and a 200-day moving average price of $58.03. The company has a market cap of $74.83 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 2.45 and a beta of 0.37. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week 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. The firm had revenue of $10.50 billion during the quarter, compared to the consensus estimate 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 was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts anticipate that Mondelez International will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of Mondelez International

Several institutional investors and hedge funds have recently modified their holdings of the business. Asset Management One Co. Ltd. raised its position in Mondelez International by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock valued at $45,411,000 after purchasing an additional 22,194 shares during the last quarter. Deprince Race & Zollo Inc. raised its stake in shares of Mondelez International by 70.5% during the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock valued at $29,302,000 after acquiring an additional 193,956 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Mondelez International by 32.2% during 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 last quarter. Jones Financial Companies Lllp raised its stake in shares of 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 during the last quarter. Finally, Confluence Investment Management LLC raised its stake in shares of 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 during the last quarter. 78.32% of the stock is currently owned by institutional investors.

About Mondelez International

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.