Mondelez International, Inc. $MDLZ Shares Bought by Gibbs Wealth Management

Gibbs Wealth Management boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 201.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,257 shares of the company’s stock after purchasing an additional 12,198 shares during the period. Gibbs Wealth Management’s holdings in Mondelez International were worth $1,052,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. J.Safra Asset Management Corp purchased a new position in shares of Mondelez International in the fourth quarter worth $25,000. Advocate Investing Services LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at $25,000. JPL Wealth Management LLC purchased a new stake in shares of Mondelez International during the third quarter valued at $32,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International in the 4th quarter valued at $28,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MDLZ. BTIG Research initiated coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. Bank of America increased their price objective on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. UBS Group raised their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Barclays lifted their target price on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $66.44.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $60.52 on Friday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $70.61. 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 firm has a market cap of $77.69 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 2.49 and a beta of 0.39. The firm’s fifty day moving average is $60.88 and its two-hundred day moving average is $59.23.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts expect that Mondelez International, Inc. will post 3.04 EPS for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

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.