Brokerages Set Mondelez International, Inc. (NASDAQ:MDLZ) Price Target at $67.30

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have earned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are presently covering the firm, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $67.30.

A number of research analysts recently issued reports on MDLZ shares. BNP Paribas Exane boosted their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price target on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Barclays raised their price target on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th.

Insider Buying and Selling

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at $85,001,351.04. This trade represents a 9.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. J.Safra Asset Management Corp purchased a new stake in Mondelez International during the fourth quarter valued at $25,000. Advocate Investing Services LLC purchased a new position in shares of Mondelez International in the 4th quarter worth $25,000. JPL Wealth Management LLC purchased a new position in shares of Mondelez International in the 3rd quarter worth $32,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the 4th quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Mondelez International in the 4th quarter worth about $30,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

Shares of MDLZ opened at $61.45 on Tuesday. Mondelez International has a one year low of $51.20 and a one year high of $66.65. The business has a fifty day moving average of $61.52 and a 200 day moving average of $60.24. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The firm has a market capitalization of $78.43 billion, a P/E ratio of 22.59, a PEG ratio of 2.44 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The business had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts anticipate that Mondelez International will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a yield of 3.4%. Mondelez International’s payout ratio is 73.53%.

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.