Truist Financial Corp Sells 38,012 Shares of Mondelez International, Inc. $MDLZ

Truist Financial Corp reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 713,338 shares of the company’s stock after selling 38,012 shares during the period. Truist Financial Corp owned approximately 0.06% of Mondelez International worth $44,562,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Pines Wealth Management LLC lifted its position in shares of Mondelez International by 7.5% during the 3rd quarter. Pines Wealth Management LLC now owns 4,510 shares of the company’s stock valued at $282,000 after acquiring an additional 313 shares during the period. Stablepoint Partners LLC lifted its position in Mondelez International by 1.8% during the third quarter. Stablepoint Partners LLC now owns 48,573 shares of the company’s stock worth $3,034,000 after purchasing an additional 859 shares during the period. Phoenix Financial Ltd. grew its stake in Mondelez International by 17.2% during the third quarter. Phoenix Financial Ltd. now owns 3,463 shares of the company’s stock worth $218,000 after buying an additional 508 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its holdings in Mondelez International by 0.5% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 64,478 shares of the company’s stock valued at $4,028,000 after buying an additional 326 shares during the period. Finally, Intact Investment Management Inc. raised its position in shares of Mondelez International by 3.7% in the 3rd quarter. Intact Investment Management Inc. now owns 146,900 shares of the company’s stock valued at $9,177,000 after buying an additional 5,200 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

MDLZ has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. UBS Group reduced their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Wells Fargo & Company lowered their price target on Mondelez International from $72.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 5th. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Finally, Zacks Research cut Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Fourteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.11.

Mondelez International Stock Performance

Mondelez International stock opened at $57.31 on Friday. The business has a 50 day moving average of $55.53 and a 200-day moving average of $59.85. The company has a market capitalization of $73.95 billion, a P/E ratio of 21.46 and a beta of 0.39. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.01). The business had revenue of $9.74 billion during the quarter, compared to analyst estimates of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.95 earnings per share. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.00 annualized dividend and a yield of 3.5%. Mondelez International’s payout ratio is presently 74.91%.

Key Headlines Impacting Mondelez International

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Short interest fell sharply in January (down ~14.8% vs. Dec. 31), reducing near-term bearish pressure and the potential for short-squeeze volatility. This lowers one source of selling pressure on MDLZ shares.
• Positive Sentiment: Analyst/earnings previews indicate modest topline and EPS growth for Q4 driven by pricing, mix optimization and easing cost pressures — a near-term fundamental tailwind if results meet or beat expectations. Read More.
• Positive Sentiment: Mondelez Canada launched a consumer engagement initiative that could support local brand momentum and sales — a positive signal on execution at the country/brand level. Read More.
• Neutral Sentiment: DA Davidson reiterated a “neutral” rating but set a $62 price target (~mid-single-digit upside from current levels), signaling measured analyst expectations rather than a clear bullish shift. Read More.
• Neutral Sentiment: Mondelēz announced Luca Zaramella will serve as Executive VP, COO and continue as CFO effective Feb. 1 — a move that provides management continuity as the company reshapes operational oversight. Read More.
• Neutral Sentiment: Multiple analyst commentary pieces (The Globe and Mail, MSN summaries) are circulating with refreshed target ranges and context on the consumer goods space; these provide benchmarking rather than a decisive directional catalyst. Read More.
• Negative Sentiment: Management transition risk: the company has begun a search for a new CFO after elevating Zaramella to COO while he retains CFO duties. That search and an eventual handover create short-term execution and disclosure uncertainty until a successor is named. Read More.

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.