Everpar Advisors LLC Boosts Position in Mondelez International, Inc. $MDLZ

Everpar Advisors LLC lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,591 shares of the company’s stock after acquiring an additional 277 shares during the quarter. Everpar Advisors LLC’s holdings in Mondelez International were worth $849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Hickory Point Bank & Trust increased its position in Mondelez International by 2.7% during the 2nd quarter. Hickory Point Bank & Trust now owns 7,683 shares of the company’s stock valued at $518,000 after purchasing an additional 200 shares during the period. RMR Wealth Builders increased its position in shares of Mondelez International by 3.6% during the second quarter. RMR Wealth Builders now owns 5,079 shares of the company’s stock valued at $343,000 after buying an additional 176 shares during the period. Apella Capital LLC raised its stake in Mondelez International by 965.5% in the second quarter. Apella Capital LLC now owns 42,526 shares of the company’s stock worth $2,927,000 after buying an additional 38,535 shares in the last quarter. Boltwood Capital Management lifted its holdings in Mondelez International by 3.0% in the second quarter. Boltwood Capital Management now owns 13,773 shares of the company’s stock worth $929,000 after buying an additional 405 shares during the period. Finally, Enterprise Bank & Trust Co lifted its holdings in Mondelez International by 0.7% in the second quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock worth $1,616,000 after buying an additional 170 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on MDLZ shares. Sanford C. Bernstein upped their target price on Mondelez International from $79.00 to $88.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Jefferies Financial Group raised Mondelez International from a “hold” rating to a “buy” rating and upped their price target for the stock from $66.00 to $78.00 in a research note on Thursday, July 17th. Wells Fargo & Company upgraded shares of Mondelez International from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $68.00 to $78.00 in a report on Friday, June 20th. Barclays upped their target price on shares of Mondelez International from $74.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 1st. Fourteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $72.00.

Mondelez International Price Performance

MDLZ opened at $61.60 on Tuesday. The firm has a market cap of $79.71 billion, a PE ratio of 22.56, a P/E/G ratio of 4.69 and a beta of 0.44. The stock has a 50-day moving average price of $64.36 and a 200-day moving average price of $65.83. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $75.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The business had revenue of $8.98 billion during the quarter, compared to analyst estimates of $8.82 billion. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. Mondelez International’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business earned $0.86 EPS. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. Mondelez International’s dividend payout ratio (DPR) is presently 68.86%.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.