Capital World Investors decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 30.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,249,170 shares of the company’s stock after selling 988,585 shares during the period. Capital World Investors’ holdings in Mondelez International were worth $121,073,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. Leo Wealth LLC raised its holdings in Mondelez International by 2.4% during 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 raised its holdings in Mondelez International by 1.3% during 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. raised its holdings in Mondelez International by 1.1% during 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. Nicolet Advisory Services LLC raised its holdings in Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock worth $1,171,000 after buying an additional 197 shares during the last quarter. Finally, CYBER HORNET ETFs LLC raised its holdings in Mondelez International by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock worth $204,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.
Wall Street Analysts Forecast Growth
MDLZ has been the topic of several research reports. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Barclays upped their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Wells Fargo & Company upped their price objective 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. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, UBS Group increased their target price on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.05.
Mondelez International Stock Performance
Shares of MDLZ stock opened at $61.60 on Tuesday. The firm has a 50-day moving average of $59.72 and a 200-day moving average of $57.95. The company has a market cap of $79.07 billion, a P/E ratio of 30.65, a P/E/G ratio of 2.43 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.
Mondelez International Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is currently 99.50%.
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.
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