Mondelez International, Inc. $MDLZ Stock Holdings Trimmed by Erste Asset Management GmbH

Erste Asset Management GmbH lowered its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 17.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,620 shares of the company’s stock after selling 27,779 shares during the period. Erste Asset Management GmbH’s holdings in Mondelez International were worth $7,299,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International during the 3rd quarter valued at $27,000. High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter valued at $30,000. McIlrath & Eck LLC bought a new stake in Mondelez International during the 4th quarter valued at $30,000. Navalign LLC bought a new stake in Mondelez International during the 4th quarter valued at $31,000. Finally, JPL Wealth Management LLC bought a new stake in Mondelez International during the 3rd quarter valued at $32,000. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on MDLZ shares. BTIG Research started coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. JPMorgan Chase & Co. boosted their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, TD Cowen boosted their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Down 0.7%

MDLZ opened at $61.60 on Tuesday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock’s fifty day moving average is $59.72 and its 200-day moving average is $57.95. The company has a market capitalization of $79.07 billion, a PE ratio of 30.65, a P/E/G ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $9.75 billion. During the same quarter in the previous year, the business earned $0.76 EPS. The company’s quarterly revenue 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. On average, equities analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s payout ratio is 99.50%.

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.