Mondelez International Sees Unusually Large Options Volume (NASDAQ:MDLZ)

Mondelez International, Inc. (NASDAQ:MDLZ) was the target of some unusual options trading on Wednesday. Traders acquired 6,771 put options on the company. This is an increase of approximately 77% compared to the average daily volume of 3,820 put options.

Mondelez International Stock Down 2.1%

Mondelez International stock traded down $1.22 on Wednesday, hitting $55.37. 3,271,187 shares of the stock traded hands, compared to its average volume of 11,079,750. The business’s fifty day simple moving average is $58.16 and its 200 day simple moving average is $58.69. The firm has a market cap of $70.97 billion, a P/E ratio of 29.43, a price-to-earnings-growth ratio of 2.42 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. Mondelez International has a 1 year low of $51.20 and a 1 year high of $71.15.

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

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s payout ratio is presently 106.38%.

Analysts Set New Price Targets

MDLZ has been the topic of several recent analyst reports. TD Cowen cut their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. DA Davidson reiterated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Morgan Stanley decreased their price objective on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating on the stock in a research report on Thursday, December 11th. Finally, Sanford C. Bernstein cut their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Mondelez International

Several hedge funds have recently added to or reduced their stakes in MDLZ. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the 4th quarter worth $25,000. Advocate Investing Services LLC purchased a new position in Mondelez International in the 4th quarter valued at about $25,000. Soundwatch Capital LLC acquired a new stake in Mondelez International in the 2nd quarter worth about $27,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International during the 3rd quarter worth approximately $27,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International during the fourth quarter valued at approximately $28,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

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.