Mondelez International (NASDAQ:MDLZ) CEO De Put Dirk Van Sells 133,580 Shares of Stock

Mondelez International, Inc. (NASDAQ:MDLZ) CEO De Put Dirk Van sold 133,580 shares of Mondelez International stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the sale, the chief executive officer directly owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mondelez International Price Performance

Shares of MDLZ stock opened at $64.45 on Friday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $66.65. 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 stock has a fifty day simple moving average of $61.22 and a two-hundred day simple moving average of $60.11. The stock has a market capitalization of $82.26 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 2.61 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same quarter last year, the firm posted $0.73 earnings per share. 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. On average, analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is currently 73.53%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MDLZ shares. 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. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. TD Cowen lifted their target price on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Freedom Capital downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

Institutional Trading of Mondelez International

Several large investors have recently made changes to their positions in the company. J.Safra Asset Management Corp acquired a new stake in Mondelez International during the 4th quarter worth $25,000. Advocate Investing Services LLC acquired a new position in Mondelez International during the fourth quarter worth about $25,000. JPL Wealth Management LLC purchased a new stake in Mondelez International during the 3rd quarter valued at about $32,000. Kemnay Advisory Services Inc. purchased a new stake in Mondelez International during the 4th quarter valued at about $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International in the 4th quarter valued at about $30,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

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.