Mondelez International, Inc. (NASDAQ:MDLZ) Receives $67.30 Average PT from Analysts

Mondelez International, Inc. (NASDAQ:MDLZ) has received a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are covering the stock, MarketBeat reports. Ten analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $67.30.

Several research analysts have recently issued reports on MDLZ shares. Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. BNP Paribas Exane upped their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Barclays increased their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th.

Insider Activity

In other news, CEO Dirk Van de Put sold 133,580 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total value of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust lifted its stake in shares of Mondelez International by 17.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 13,810 shares of the company’s stock valued at $799,000 after purchasing an additional 2,086 shares during the period. Corient Private Wealth LP grew its position in Mondelez International by 10.4% during the second quarter. Corient Private Wealth LP now owns 1,196,479 shares of the company’s stock valued at $69,204,000 after buying an additional 112,372 shares during the period. California State Teachers Retirement System increased its holdings in Mondelez International by 5,745.7% in the second quarter. California State Teachers Retirement System now owns 118,967,163 shares of the company’s stock valued at $6,881,061,000 after buying an additional 116,932,023 shares in the last quarter. DMC Group LLC raised its position in shares of Mondelez International by 128.6% in the second quarter. DMC Group LLC now owns 8,196 shares of the company’s stock worth $474,000 after acquiring an additional 4,611 shares during the period. Finally, Ameritas Advisory Services LLC boosted its stake in shares of Mondelez International by 44.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 5,862 shares of the company’s stock worth $339,000 after acquiring an additional 1,799 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.3%

NASDAQ:MDLZ opened at $61.28 on Tuesday. The company has a market capitalization of $78.21 billion, a P/E ratio of 22.53, a PEG ratio of 2.40 and a beta of 0.39. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. Mondelez International has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a fifty day simple moving average of $61.53 and a 200-day simple moving average of $60.24.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same period in the prior year, the firm earned $0.73 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities research analysts anticipate that Mondelez International will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio (DPR) is 73.53%.

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.