Signet Private Wealth LLC Takes Position in Mondelez International, Inc. $MDLZ

Signet Private Wealth LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, HoldingsChannel.com reports. The firm bought 9,955 shares of the company’s stock, valued at approximately $536,000.

Several other large investors have also modified their holdings of the stock. OLD Republic International Corp lifted its stake in shares of Mondelez International by 156.6% in the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after acquiring an additional 252,700 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of Mondelez International in the 4th quarter worth $970,000. E. Ohman J or Asset Management AB acquired a new stake in shares of Mondelez International in the 4th quarter worth $2,629,000. Wealthfront Advisers LLC lifted its stake in shares of Mondelez International by 15.3% in the 4th quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after acquiring an additional 28,797 shares during the period. Finally, PKO Investment Management Joint Stock Co lifted its stake in shares of Mondelez International by 115.0% in the 4th quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after acquiring an additional 54,066 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $64.18 on Thursday. 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 firm has a 50-day moving average price of $59.93 and a two-hundred day moving average price of $58.05. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a market capitalization of $82.38 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 2.46 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the firm posted $0.76 EPS. The firm’s revenue for the quarter 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 expect that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analysts Set New Price Targets

MDLZ has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Bank of America raised their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.