Family Capital Trust Co Has $4.55 Million Position in Mondelez International, Inc. $MDLZ

Family Capital Trust Co trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 31.7% during the third quarter, Holdings Channel reports. The firm owned 72,861 shares of the company’s stock after selling 33,747 shares during the quarter. Mondelez International comprises about 1.5% of Family Capital Trust Co’s holdings, making the stock its 21st largest position. Family Capital Trust Co’s holdings in Mondelez International were worth $4,552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Soundwatch Capital LLC bought a new stake in Mondelez International in the second quarter worth approximately $27,000. Rossby Financial LCC boosted its holdings in shares of Mondelez International by 966.7% during the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after buying an additional 406 shares in the last quarter. Aspect Partners LLC grew its position in shares of Mondelez International by 180.5% during the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after buying an additional 305 shares during the period. Financial Connections Group Inc. bought a new stake in shares of Mondelez International in the 2nd quarter valued at $33,000. Finally, Halbert Hargrove Global Advisors LLC increased its stake in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after acquiring an additional 196 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 4.8%

MDLZ opened at $53.99 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm has a market capitalization of $69.67 billion, a PE ratio of 20.22 and a beta of 0.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.37. The company’s 50-day moving average is $55.29 and its 200 day moving average is $60.98.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The firm had revenue of $7.30 billion during the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%.Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. As a group, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, December 31st. Mondelez International’s dividend payout ratio is presently 74.91%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. UBS Group reduced their price target on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. TD Cowen reduced their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday. Evercore ISI decreased their target price on Mondelez International from $73.00 to $72.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Mizuho dropped their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company reduced their price objective on Mondelez International from $72.00 to $62.00 and set an “overweight” rating for the company in a research note on Monday. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.26.

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.