Atria Investments Inc Decreases Stock Holdings in Mondelez International, Inc. $MDLZ

Atria Investments Inc lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 23.8% during the fourth quarter, HoldingsChannel reports. The firm owned 87,599 shares of the company’s stock after selling 27,394 shares during the period. Atria Investments Inc’s holdings in Mondelez International were worth $4,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDLZ. Leo Wealth LLC lifted its position in shares of Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after buying an additional 176 shares during the last quarter. Columbia Asset Management lifted its position in shares of Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after buying an additional 180 shares during the last quarter. West Paces Advisors Inc. lifted its position in shares of Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after buying an additional 186 shares during the last quarter. Acorn Wealth Advisors LLC lifted its position in shares of Mondelez International by 4.8% in the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after buying an additional 189 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its position in shares of Mondelez International by 1.1% during the 3rd quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock worth $1,171,000 after purchasing an additional 197 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.9%

Shares of MDLZ opened at $60.44 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 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $77.58 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 2.37 and a beta of 0.39. The stock’s 50-day moving average price is $58.20 and its 200 day moving average price is $57.45.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wells Fargo & Company boosted their price objective on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. JPMorgan Chase & Co. boosted their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Barclays boosted their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

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.