Howe & Rusling Inc. Decreases Stake in Mondelez International, Inc. $MDLZ

Howe & Rusling Inc. cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 26.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,022 shares of the company’s stock after selling 53,651 shares during the quarter. Howe & Rusling Inc.’s holdings in Mondelez International were worth $8,076,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Leo Wealth LLC raised its holdings in Mondelez International by 2.4% in the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares during the last quarter. Columbia Asset Management boosted its holdings in shares of Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after purchasing an additional 180 shares during the last quarter. Commonwealth Retirement Investments LLC grew its position in shares of Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after purchasing an additional 180 shares in the last quarter. West Paces Advisors Inc. grew its position in shares of Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after purchasing an additional 186 shares in the last quarter. Finally, Everett Harris & Co. CA grew its position in shares of Mondelez International by 2.3% in the fourth quarter. Everett Harris & Co. CA now owns 8,507 shares of the company’s stock valued at $458,000 after purchasing an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $62.15 on Wednesday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The company has a market cap of $79.78 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 2.41 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The business’s 50 day moving average price is $60.33 and its 200 day moving average price is $58.22.

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

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MDLZ shares. Barclays lifted their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen lifted their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn reiterated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Sanford C. Bernstein reduced their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Finally, Bank of America lifted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

About Mondelez International

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.