First National Bank of Omaha Has $11.66 Million Stock Holdings in Mondelez International, Inc. $MDLZ

First National Bank of Omaha trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 197,409 shares of the company’s stock after selling 17,278 shares during the quarter. First National Bank of Omaha’s holdings in Mondelez International were worth $11,664,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in Mondelez International in the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International during the fourth quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in shares of Mondelez International during the third quarter worth $32,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Mondelez International during the fourth quarter worth $28,000. Finally, McIlrath & Eck LLC bought a new stake in Mondelez International in the 4th quarter valued at $30,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $62.66 on Wednesday. The stock has a market capitalization of $79.97 billion, a PE ratio of 23.04, a P/E/G ratio of 2.59 and a beta of 0.38. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65. The firm has a fifty day simple moving average of $61.18 and a 200 day simple moving average of $59.99. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

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

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s payout ratio is currently 73.53%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MDLZ. Jefferies Financial Group reaffirmed a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price objective on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. UBS Group lifted their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, BNP Paribas Exane increased their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Company 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.