VCI Wealth Management LLC Sells 10,075 Shares of Mondelez International, Inc. $MDLZ

VCI Wealth Management LLC lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 55.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 7,936 shares of the company’s stock after selling 10,075 shares during the period. VCI Wealth Management LLC’s holdings in Mondelez International were worth $457,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in MDLZ. J.Safra Asset Management Corp acquired a new stake in Mondelez International during the fourth quarter worth about $25,000. Advocate Investing Services LLC acquired a new position in Mondelez International in the 4th quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International in the 3rd quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $28,000. Finally, High Point Wealth Management LLC bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on MDLZ shares. Bank of America lifted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reduced their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. TD Cowen lifted their price target on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. UBS Group boosted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Barclays increased their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Trading Down 0.7%

Shares of MDLZ stock opened at $60.79 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a market capitalization of $78.03 billion, a P/E ratio of 30.24, a P/E/G ratio of 2.40 and a beta of 0.38. The firm has a 50-day moving average price of $60.74 and a 200 day moving average price of $58.45. 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 data 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. The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

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

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.