Analysts Set Mondelez International, Inc. (NASDAQ:MDLZ) PT at $67.06

Mondelez International, Inc. (NASDAQ:MDLZ) has been given an average recommendation of “Moderate Buy” by the twenty research firms that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $67.0625.

A number of brokerages recently issued reports on MDLZ. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Stifel Nicolaus lowered their price objective on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Sanford C. Bernstein dropped their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Morgan Stanley decreased their target price on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Finally, DA Davidson restated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a report on Wednesday, February 4th.

Mondelez International Stock Down 1.9%

MDLZ stock opened at $54.33 on Tuesday. The stock’s 50 day simple moving average is $58.20 and its 200 day simple moving average is $58.64. The company has a market cap of $69.64 billion, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 2.31 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 has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s payout ratio is currently 106.38%.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was 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 directly owned 99,596 shares of the company’s stock, 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 through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

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

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.