Mondelez International, Inc. $MDLZ Holdings Raised by United Asset Strategies Inc.

United Asset Strategies Inc. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 140.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,416 shares of the company’s stock after purchasing an additional 9,006 shares during the period. United Asset Strategies Inc.’s holdings in Mondelez International were worth $889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several research reports. Bank of America increased their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. UBS Group boosted their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Barclays raised their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Up 1.8%

Shares of MDLZ stock opened at $60.22 on Wednesday. The stock has a market cap of $77.30 billion, a P/E ratio of 29.96, a price-to-earnings-growth ratio of 2.32 and a beta of 0.39. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock has a 50 day simple moving average of $61.13 and a 200 day simple moving average of $58.76.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating 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 analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International’s 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, research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued 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 of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

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.