King Luther Capital Management Corp Has $15.64 Million Position in Mondelez International, Inc. $MDLZ

King Luther Capital Management Corp lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 290,523 shares of the company’s stock after selling 26,124 shares during the quarter. King Luther Capital Management Corp’s holdings in Mondelez International were worth $15,639,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Integrity Alliance LLC. lifted its stake in shares of Mondelez International by 172.7% during the fourth quarter. Integrity Alliance LLC. now owns 9,260 shares of the company’s stock valued at $498,000 after acquiring an additional 5,864 shares during the period. Bleakley Financial Group LLC increased its holdings in Mondelez International by 3.5% in the fourth quarter. Bleakley Financial Group LLC now owns 36,201 shares of the company’s stock valued at $1,949,000 after purchasing an additional 1,217 shares during the last quarter. Wellington Shields & Co. LLC increased its holdings in Mondelez International by 31.2% in the fourth quarter. Wellington Shields & Co. LLC now owns 5,252 shares of the company’s stock valued at $283,000 after purchasing an additional 1,250 shares during the last quarter. Harbour Investments Inc. raised its position in shares of Mondelez International by 540.4% during the fourth quarter. Harbour Investments Inc. now owns 58,999 shares of the company’s stock worth $3,176,000 after purchasing an additional 49,786 shares during the period. Finally, Allstate Corp raised its position in shares of Mondelez International by 107.7% during the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after purchasing an additional 50,562 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.25 on Thursday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The business has a fifty day moving average price of $59.01 and a two-hundred day moving average price of $57.67. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The stock has a market capitalization of $79.91 billion, a PE ratio of 30.97, a P/E/G ratio of 2.40 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the company posted $0.76 EPS. The company’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, equities analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Analysts Set New Price Targets

MDLZ has been the topic of a number of research analyst reports. UBS Group raised their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 price target (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. BTIG Research initiated coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. Finally, Wells Fargo & Company lifted their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International 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.