Mondelez International, Inc. $MDLZ Shares Sold by Rathbones Group PLC

Rathbones Group PLC lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 63.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 638,732 shares of the company’s stock after selling 1,106,770 shares during the quarter. Rathbones Group PLC’s holdings in Mondelez International were worth $34,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its holdings in shares of Mondelez International by 8.0% in the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after purchasing an additional 46,182 shares during the last quarter. Federated Hermes Inc. increased its stake in Mondelez International by 2,080.4% during the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after acquiring an additional 2,353,841 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Mondelez International by 12.6% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock worth $31,635,000 after acquiring an additional 56,510 shares during the last quarter. E. Ohman J or Asset Management AB acquired a new stake in Mondelez International during the fourth quarter worth $2,629,000. Finally, Trek Financial LLC acquired a new stake in Mondelez International during the third quarter worth $1,216,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Up 0.9%

Shares of NASDAQ MDLZ opened at $61.84 on Thursday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock has a fifty day simple moving average of $58.40 and a 200-day simple moving average of $57.49. The stock has a market capitalization of $79.38 billion, a PE ratio of 30.77, a PEG ratio of 2.40 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the firm posted $0.76 earnings per share. The company’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. On average, equities analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s payout ratio is presently 99.50%.

Analysts Set New Price Targets

Several research firms have issued reports on MDLZ. Piper Sandler raised their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price for the company. DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Stifel Nicolaus cut their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Finally, Argus raised Mondelez International to a “hold” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International 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.