Mondelez International (NASDAQ:MDLZ) Price Target Lowered to $54.00 at Deutsche Bank Aktiengesellschaft

Mondelez International (NASDAQ:MDLZ) had its price objective dropped by research analysts at Deutsche Bank Aktiengesellschaft from $60.00 to $54.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 7.69% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. TD Cowen dropped their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. UBS Group decreased their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Argus upgraded shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Finally, Bank of America dropped their price target on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $66.00.

Mondelez International Price Performance

NASDAQ MDLZ traded up $0.23 on Monday, hitting $58.50. 3,875,098 shares of the company’s stock were exchanged, compared to its average volume of 11,192,231. The stock has a 50-day moving average of $58.67 and a 200-day moving average of $58.22. The stock has a market cap of $74.98 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.43 and a beta of 0.38. Mondelez International has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

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

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction dated 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 directly owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares in the last quarter. United Bank increased its position in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Mondelez International by 4.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 103,046 shares of the company’s stock worth $6,949,000 after buying an additional 4,549 shares during the period. Level Four Advisory Services LLC raised its stake in Mondelez International by 4.9% during the 2nd quarter. Level Four Advisory Services LLC now owns 14,261 shares of the company’s stock worth $962,000 after buying an additional 670 shares during the period. Finally, Schroder Investment Management Group boosted its holdings in Mondelez International by 8.7% in the second quarter. Schroder Investment Management Group now owns 417,595 shares of the company’s stock worth $28,163,000 after acquiring an additional 33,507 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Company 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.