Mondelez International, Inc. $MDLZ Shares Sold by Capital Research Global Investors

Capital Research Global Investors cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,704,828 shares of the company’s stock after selling 2,060,263 shares during the period. Capital Research Global Investors owned approximately 2.30% of Mondelez International worth $1,855,662,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MDLZ. Brighton Jones LLC increased its holdings in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the last quarter. United Bank grew its stake in shares of Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares in the last quarter. Savant Capital LLC raised its holdings in shares of Mondelez International by 43.9% in the 2nd quarter. Savant Capital LLC now owns 41,964 shares of the company’s stock valued at $2,830,000 after buying an additional 12,807 shares during the period. AE Wealth Management LLC lifted its stake in Mondelez International by 26.4% during the 2nd quarter. AE Wealth Management LLC now owns 65,320 shares of the company’s stock worth $4,405,000 after acquiring an additional 13,652 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Mondelez International by 39.9% during the 2nd quarter. Prospera Financial Services Inc now owns 38,042 shares of the company’s stock valued at $2,566,000 after acquiring an additional 10,848 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MDLZ. Mizuho reduced their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. TD Cowen decreased their price target on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Piper Sandler lifted their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Stifel Nicolaus cut their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Mondelez International Trading Down 0.4%

Shares of Mondelez International stock opened at $58.17 on Tuesday. The business’s fifty day moving average is $58.13 and its two-hundred day moving average is $58.74. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm has a market cap of $74.57 billion, a PE ratio of 30.94, a P/E/G ratio of 2.43 and a beta of 0.38. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67.

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

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Mondelez International’s payout ratio is presently 106.38%.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International 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 transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by company insiders.

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.