US Bancorp DE Sells 29,194 Shares of Mondelez International, Inc. $MDLZ

US Bancorp DE trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,085,819 shares of the company’s stock after selling 29,194 shares during the period. US Bancorp DE’s holdings in Mondelez International were worth $67,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MDLZ. Brighton Jones LLC grew its holdings in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares in the last quarter. United Bank grew its stake in shares of Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after acquiring an additional 3,070 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Mondelez International by 7.7% in the 2nd quarter. Bessemer Group Inc. now owns 63,822 shares of the company’s stock worth $4,306,000 after acquiring an additional 4,564 shares in the last quarter. Rossby Financial LCC raised its holdings in shares of Mondelez International by 966.7% in the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after purchasing an additional 406 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its position in shares of Mondelez International by 10.4% during the second quarter. Daymark Wealth Partners LLC now owns 16,086 shares of the company’s stock valued at $1,085,000 after purchasing an additional 1,516 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MDLZ. Barclays reduced their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Mizuho reduced their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. JPMorgan Chase & Co. reduced their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, 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. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $59.94 on Friday. The business’s fifty day moving average is $57.48 and its 200 day moving average is $58.93. The firm has a market cap of $76.83 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.51 and a beta of 0.38. 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, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The company’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. Research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

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.