9,694 Mondelez International, Inc. $MDLZ Shares Sold by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA trimmed its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,332 shares of the company’s stock after selling 9,694 shares during the quarter. Middleton & Co. Inc. MA’s holdings in Mondelez International were worth $6,495,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kintegral Advisory LLC increased its position in Mondelez International by 0.6% during the 3rd quarter. Kintegral Advisory LLC now owns 28,215 shares of the company’s stock worth $1,646,000 after purchasing an additional 159 shares in the last quarter. Strategy Asset Managers LLC lifted its holdings in Mondelez International by 2.2% in the 3rd quarter. Strategy Asset Managers LLC now owns 7,505 shares of the company’s stock valued at $434,000 after purchasing an additional 160 shares in the last quarter. WealthPlan Investment Management LLC lifted its holdings in Mondelez International by 3.2% in the 3rd quarter. WealthPlan Investment Management LLC now owns 5,124 shares of the company’s stock valued at $296,000 after purchasing an additional 160 shares in the last quarter. 55 North Private Wealth LLC lifted its holdings in Mondelez International by 3.8% in the 3rd quarter. 55 North Private Wealth LLC now owns 4,622 shares of the company’s stock valued at $267,000 after purchasing an additional 168 shares in the last quarter. Finally, Whipplewood Advisors LLC lifted its holdings in Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Mondelez International

In related news, CEO Dirk Van de Put 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 transaction of $8,559,806.40. Following the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. UBS Group lifted their target price on shares of Mondelez International from $64.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Barclays boosted their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Piper Sandler increased their price target on Mondelez International from $65.00 to $66.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Finally, The Goldman Sachs Group increased their price target on Mondelez International from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $68.86.

Mondelez International Trading Down 2.1%

MDLZ stock opened at $63.80 on Friday. The company has a market cap of $81.43 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 2.47 and a beta of 0.38. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The business has a fifty day simple moving average of $61.79 and a 200-day simple moving average of $61.02. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65.

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

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s payout ratio is 76.47%.

Mondelez International Profile

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.