Mcdonald Partners LLC Has $314,000 Stock Holdings in Mondelez International, Inc. $MDLZ

Mcdonald Partners LLC reduced its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 71.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,020 shares of the company’s stock after selling 12,491 shares during the quarter. Mcdonald Partners LLC’s holdings in Mondelez International were worth $314,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the last quarter. State Street Corp lifted its holdings in shares of Mondelez International by 1.1% in the second quarter. State Street Corp now owns 59,446,397 shares of the company’s stock valued at $4,036,594,000 after purchasing an additional 670,634 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Mondelez International by 0.8% during the second quarter. Geode Capital Management LLC now owns 28,951,049 shares of the company’s stock valued at $1,943,170,000 after buying an additional 242,695 shares during the last quarter. Norges Bank purchased a new position in shares of Mondelez International during the second quarter valued at approximately $1,239,834,000. Finally, Invesco Ltd. grew its holdings in Mondelez International by 10.7% during the second quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock worth $936,894,000 after buying an additional 1,345,078 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $58.69 on Thursday. The company has a market capitalization of $75.23 billion, a PE ratio of 31.22, a price-to-earnings-growth ratio of 2.45 and a beta of 0.38. 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, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a 50-day simple moving average of $57.92 and a 200 day simple moving average of $58.86.

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

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Analysts Set New Price Targets

Several brokerages have weighed in on MDLZ. TD Cowen dropped their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Bank of America dropped their price target on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Morgan Stanley reduced their price objective on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Finally, DA Davidson restated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by insiders.

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.