Lazard Freres Gestion S.A.S. Lowers Stake in Mondelez International, Inc. $MDLZ

Lazard Freres Gestion S.A.S. reduced its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 704,472 shares of the company’s stock after selling 60,742 shares during the quarter. Lazard Freres Gestion S.A.S.’s holdings in Mondelez International were worth $37,921,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MDLZ. Brighton Jones LLC boosted its stake in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the period. United Bank boosted its stake in shares of Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the period. Sei Investments Co. boosted its stake in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after purchasing an additional 71,667 shares during the period. Osterweis Capital Management Inc. boosted its stake in shares of Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after purchasing an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MDLZ shares. Wells Fargo & Company boosted their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Piper Sandler boosted their target price on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, BTIG Research initiated coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Down 0.6%

NASDAQ:MDLZ opened at $61.29 on Wednesday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a 50-day moving average of $58.33 and a 200 day moving average of $57.46. The firm has a market cap of $78.67 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the firm earned $0.76 earnings per share. The firm’s revenue for the quarter 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. As a group, research analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

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.