Mondelez International, Inc. $MDLZ Shares Bought by Burling Wealth Partners LLC

Burling Wealth Partners LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 43.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,002 shares of the company’s stock after acquiring an additional 15,475 shares during the period. Burling Wealth Partners LLC’s holdings in Mondelez International were worth $2,940,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC purchased a new position in Mondelez International during the fourth quarter worth approximately $25,000. JPL Wealth Management LLC purchased a new position in Mondelez International during the third quarter worth approximately $32,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International in the 4th quarter valued at $28,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at $30,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 1.2%

Shares of MDLZ stock opened at $60.27 on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm’s 50 day moving average price is $60.94 and its two-hundred day moving average price is $59.08. The stock has a market cap of $77.37 billion, a price-to-earnings ratio of 29.99, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. The business’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. On average, analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 99.50%.

Analysts Set New Price Targets

MDLZ has been the subject of several research reports. BTIG Research assumed coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective for the company. Barclays increased their target price on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. UBS Group lifted their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Finally, TD Cowen upped their price target on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $66.44.

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.