TD Private Client Wealth LLC Has $2.59 Million Stake in Mondelez International, Inc. $MDLZ

TD Private Client Wealth LLC decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 23.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,081 shares of the company’s stock after selling 14,567 shares during the period. TD Private Client Wealth LLC’s holdings in Mondelez International were worth $2,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of MDLZ. JPMorgan Chase & Co. lifted its holdings in Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares during the period. Capital International Investors lifted its holdings in Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after buying an additional 6,958,868 shares during the period. Van ECK Associates Corp lifted its holdings in Mondelez International by 103.2% in the third quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after buying an additional 2,637,287 shares during the period. Federated Hermes Inc. lifted its holdings in Mondelez International by 2,080.4% in the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after buying an additional 2,353,841 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its holdings in Mondelez International by 63.4% in the third quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after buying an additional 1,849,482 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Stifel Nicolaus decreased their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Morgan Stanley lifted their price target on shares of Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Up 2.0%

NASDAQ:MDLZ opened at $61.64 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The firm has a 50-day moving average of $58.27 and a 200-day moving average of $57.43. The company has a market cap of $79.12 billion, a PE ratio of 30.67, a PEG ratio of 2.37 and a beta of 0.39. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

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.