Breed s Hill Capital LLC Grows Position in Mondelez International, Inc. $MDLZ

Breed s Hill Capital LLC increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,285 shares of the company’s stock after purchasing an additional 480 shares during the period. Breed s Hill Capital LLC’s holdings in Mondelez International were worth $426,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Kingswood Wealth Advisors LLC boosted its position in Mondelez International by 15.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,768 shares of the company’s stock valued at $527,000 after buying an additional 1,013 shares during the period. Canopy Partners LLC boosted its position in Mondelez International by 20.7% in the 1st quarter. Canopy Partners LLC now owns 16,800 shares of the company’s stock valued at $1,140,000 after buying an additional 2,876 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in Mondelez International by 23.6% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,786 shares of the company’s stock valued at $3,039,000 after buying an additional 8,544 shares during the period. TCW Group Inc. boosted its position in Mondelez International by 1.1% in the 1st quarter. TCW Group Inc. now owns 98,444 shares of the company’s stock valued at $6,679,000 after buying an additional 1,075 shares during the period. Finally, Flagship Harbor Advisors LLC boosted its position in Mondelez International by 58.2% in the 1st quarter. Flagship Harbor Advisors LLC now owns 10,883 shares of the company’s stock valued at $738,000 after buying an additional 4,002 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Trading Up 1.3%

NASDAQ:MDLZ opened at $62.66 on Wednesday. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.39 and a current ratio of 0.64. The firm has a market cap of $81.08 billion, a P/E ratio of 22.95, a P/E/G ratio of 4.67 and a beta of 0.46. The firm has a 50-day simple moving average of $66.59 and a 200-day simple moving average of $65.68.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The business had revenue of $8.98 billion during the quarter, compared to analyst estimates of $8.82 billion. During the same quarter in the previous year, the business posted $0.86 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. Equities analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s dividend payout ratio is currently 73.26%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MDLZ shares. Stifel Nicolaus boosted their price objective on shares of Mondelez International from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Evercore ISI boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, April 23rd. DA Davidson cut shares of Mondelez International from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $66.00 to $68.00 in a research report on Thursday, April 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $69.00 price objective on shares of Mondelez International in a research report on Monday, April 28th. Finally, UBS Group lowered their price objective on shares of Mondelez International from $72.00 to $69.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $71.95.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.