HighPoint Advisor Group LLC Cuts Stock Holdings in Mondelez International, Inc. $MDLZ

HighPoint Advisor Group LLC trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 20.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,626 shares of the company’s stock after selling 9,400 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Mondelez International were worth $2,025,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International in the third quarter worth $27,000. Richardson Financial Services Inc. boosted its position in Mondelez International by 141.0% during the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares during the period. JPL Wealth Management LLC bought a new position in Mondelez International in the 3rd quarter worth approximately $32,000. McIlrath & Eck LLC bought a new position in shares of Mondelez International in the fourth quarter worth $30,000. Finally, High Point Wealth Management LLC bought a new position in Mondelez International in the 4th quarter worth about $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insider Transactions at Mondelez International

In other Mondelez International 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 sale, the executive vice president directly owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders sold 3,064 shares of company stock valued at $189,934. Corporate insiders own 0.45% of the company’s stock.

Mondelez International Trading Up 0.5%

Shares of NASDAQ MDLZ opened at $61.70 on Wednesday. The firm has a 50-day moving average of $58.10 and a 200 day moving average of $57.43. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The stock has a market cap of $79.20 billion, a P/E ratio of 30.70, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the business posted $0.76 EPS. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, March 31st. Mondelez International’s dividend payout ratio is currently 99.50%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MDLZ shares. TD Cowen boosted their price target on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. DA Davidson reiterated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Finally, BTIG Research initiated coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $67.05.

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.