Mondelez International (NASDAQ:MDLZ) Raised to “Hold” at Zacks Research

Mondelez International (NASDAQ:MDLZ) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the company. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Mizuho cut their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Sanford C. Bernstein decreased their price target on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Finally, Argus raised shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Trading Down 0.3%

MDLZ opened at $59.94 on Wednesday. Mondelez International has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The company has a market cap of $76.83 billion, a P/E ratio of 31.88, a price-to-earnings-growth ratio of 2.51 and a beta of 0.38. The company has a fifty day moving average price of $57.48 and a two-hundred day moving average price of $58.93.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. The business’s revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Analysts predict that Mondelez International will post 2.9 EPS for the current fiscal year.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Mondelez International

A number of institutional investors have recently added to or reduced their stakes in MDLZ. Jamison Private Wealth Management Inc. lifted its position in shares of Mondelez International by 0.6% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock worth $1,811,000 after buying an additional 172 shares in the last quarter. Financial Perspectives Inc increased its position in shares of Mondelez International by 22.9% during the third quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock valued at $59,000 after acquiring an additional 176 shares during the last quarter. Leo Wealth LLC lifted 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 acquiring an additional 176 shares during the period. Columbia Asset Management lifted 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 acquiring an additional 180 shares during the period. Finally, Commonwealth Retirement Investments LLC boosted its position in Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock worth $1,108,000 after purchasing an additional 180 shares during the last quarter. 78.32% of the stock is 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.