First Manhattan CO. LLC. Has $95.45 Million Holdings in Mondelez International, Inc. $MDLZ

First Manhattan CO. LLC. lessened its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 19.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,756,740 shares of the company’s stock after selling 430,300 shares during the quarter. First Manhattan CO. LLC.’s holdings in Mondelez International were worth $95,445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. J.Safra Asset Management Corp purchased a new position in Mondelez International during the 4th quarter valued at about $25,000. Advocate Investing Services LLC purchased a new position in Mondelez International during the 4th quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International during the 3rd quarter valued at about $27,000. Kemnay Advisory Services Inc. purchased a new position in Mondelez International during the 4th quarter valued at about $28,000. Finally, High Point Wealth Management LLC purchased a new position in Mondelez International during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 2.1%

Shares of MDLZ stock opened at $60.86 on Thursday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The firm has a market cap of $78.12 billion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The stock has a 50 day moving average of $60.38 and a 200-day moving average of $58.24. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $9.75 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The company’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. On average, equities analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

Analyst Ratings Changes

Several equities analysts have weighed in on MDLZ shares. BTIG Research started coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. UBS Group lifted their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Barclays lifted their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.