Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA

Jacobs & Co. CA cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 32.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 70,170 shares of the company’s stock after selling 33,366 shares during the period. Jacobs & Co. CA’s holdings in Mondelez International were worth $3,777,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Soundwatch Capital LLC purchased a new position in Mondelez International in the second quarter valued at $27,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Mondelez International during the 3rd quarter worth about $27,000. Richardson Financial Services Inc. grew its position in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Mondelez International during the 3rd quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC increased its stake in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after purchasing an additional 196 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Insider Buying and Selling

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

Mondelez International Stock Down 2.5%

Shares of NASDAQ MDLZ opened at $56.47 on Thursday. The stock has a market cap of $72.39 billion, a PE ratio of 30.04, a P/E/G ratio of 2.42 and a beta of 0.38. 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 12-month low of $51.20 and a 12-month high of $71.15. The company has a 50-day moving average of $58.50 and a 200 day moving average of $58.47.

Mondelez International (NASDAQ:MDLZGet Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The business had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business’s revenue was up 9.3% on a year-over-year basis. During the same period last year, the company posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, sell-side analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors 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 dividend on an annualized basis and a yield of 3.5%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. TD Cowen cut their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Bank of America decreased their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Finally, DA Davidson reissued a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $67.44.

Read Our Latest Analysis on Mondelez International

About Mondelez International

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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