Mondelez International, Inc. $MDLZ Position Cut by Calamos Advisors LLC

Calamos Advisors LLC reduced its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 399,824 shares of the company’s stock after selling 18,450 shares during the quarter. Calamos Advisors LLC’s holdings in Mondelez International were worth $23,126,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp bought a new position in shares of Mondelez International in the fourth quarter worth $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International during the fourth quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in shares of Mondelez International during the third quarter valued at about $32,000. Kemnay Advisory Services Inc. acquired a new stake in Mondelez International in the fourth quarter worth about $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International in the fourth quarter worth about $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $63.61 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average price is $61.17 and its two-hundred day moving average price is $59.92. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The stock has a market cap of $81.19 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. During the same quarter last year, the firm posted $0.73 EPS. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.1%. Mondelez International’s dividend payout ratio is currently 73.53%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MDLZ shares. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Barclays raised their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. boosted their target price on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, BNP Paribas Exane upped their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average target price of $67.30.

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.