Intech Investment Management LLC Sells 47,025 Shares of Mondelez International, Inc. $MDLZ

Intech Investment Management LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 23.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 154,812 shares of the company’s stock after selling 47,025 shares during the period. Intech Investment Management LLC’s holdings in Mondelez International were worth $9,671,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jamison Private Wealth Management Inc. raised its stake in Mondelez International by 0.6% during the third quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock worth $1,811,000 after acquiring an additional 172 shares in the last quarter. Financial Perspectives Inc grew its holdings in shares of Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock valued at $59,000 after purchasing an additional 176 shares during the last quarter. Lakeridge Wealth Management LLC increased its position in Mondelez International by 5.7% during the 2nd quarter. Lakeridge Wealth Management LLC now owns 3,405 shares of the company’s stock worth $230,000 after purchasing an additional 185 shares in the last quarter. Acorn Wealth Advisors LLC lifted its stake in Mondelez International by 4.8% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after purchasing an additional 189 shares during the last quarter. Finally, Mccarter Private Wealth Services LLC boosted its position in Mondelez International by 3.9% in the third quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock valued at $316,000 after buying an additional 190 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

Mondelez International Trading Down 0.3%

Shares of MDLZ stock opened at $59.94 on Friday. The stock has a market cap of $76.83 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.51 and a beta of 0.38. The stock has a 50-day moving average of $57.48 and a 200-day moving average of $58.93. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is 106.38%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MDLZ. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Wells Fargo & Company boosted their price objective on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Argus upgraded Mondelez International to a “hold” rating in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

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.