SVB Wealth LLC Sells 12,440 Shares of Mondelez International, Inc. $MDLZ

SVB Wealth LLC lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 24.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,316 shares of the company’s stock after selling 12,440 shares during the period. SVB Wealth LLC’s holdings in Mondelez International were worth $2,394,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MDLZ. Soundwatch Capital LLC purchased a new position in shares of Mondelez International during the second quarter valued at about $27,000. Rossby Financial LCC grew 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 acquiring an additional 406 shares during the period. Richardson Financial Services Inc. raised its position in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after acquiring an additional 282 shares in the last quarter. Aspect Partners LLC lifted its stake in shares of Mondelez International by 180.5% in the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after purchasing an additional 305 shares during the period. Finally, Halbert Hargrove Global Advisors LLC lifted 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 purchasing an additional 196 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Down 0.1%

Shares of Mondelez International stock opened at $60.68 on Wednesday. The company has a 50-day simple moving average of $56.02 and a two-hundred day simple moving average of $59.18. The stock has a market capitalization of $78.30 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MDLZ shares. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Sanford C. Bernstein restated an “outperform” rating on shares of Mondelez International in a report on Monday, January 26th. Wells Fargo & Company upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. DA Davidson reissued a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a research report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.44.

About Mondelez International

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.