Rathbones Group PLC Has $33.74 Million Stake in Mondelez International, Inc. $MDLZ

Rathbones Group PLC lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 8.3% in the first quarter, HoldingsChannel.com reports. The firm owned 585,413 shares of the company’s stock after selling 53,319 shares during the quarter. Rathbones Group PLC’s holdings in Mondelez International were worth $33,743,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. J.Safra Asset Management Corp bought a new position in shares of Mondelez International during the fourth quarter worth approximately $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the fourth quarter valued at approximately $28,000. High Point Wealth Management LLC acquired a new stake in Mondelez International during the fourth quarter worth approximately $30,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $62.31 on Monday. The company’s 50 day moving average price is $60.99 and its two-hundred day moving average price is $59.59. The firm has a market capitalization of $79.98 billion, a P/E ratio of 22.91, a P/E/G ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.04 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 73.53%.

Trending Headlines about Mondelez International

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Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. TD Cowen upped their target price on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group increased their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Jefferies Financial Group restated a “buy” rating and issued a $73.00 price target on shares of Mondelez International in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $67.30.

Read Our Latest Stock Analysis on Mondelez International

Mondelez International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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