TD Private Client Wealth LLC Sells 14,567 Shares of Mondelez International, Inc. $MDLZ

TD Private Client Wealth LLC trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,081 shares of the company’s stock after selling 14,567 shares during the quarter. TD Private Client Wealth LLC’s holdings in Mondelez International were worth $2,588,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Mondelez International by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after buying an additional 1,646,213 shares in the last quarter. Capital International Investors boosted its position in Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after buying an additional 6,958,868 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. State Street Corp boosted its position in Mondelez International by 1.5% in the third quarter. State Street Corp now owns 60,309,117 shares of the company’s stock valued at $3,797,087,000 after buying an additional 862,720 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Mondelez International by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock valued at $977,337,000 after buying an additional 323,602 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MDLZ shares. Bank of America raised their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Barclays raised their target price on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $61.64 on Tuesday. The business’s 50 day simple moving average is $58.27 and its 200 day simple moving average is $57.43. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The stock has a market capitalization of $79.12 billion, a PE ratio of 30.67, a PEG ratio of 2.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the business posted $0.76 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

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.