Gerald Baker Financial Group LLC Buys New Position in Mondelez International, Inc. $MDLZ

Gerald Baker Financial Group LLC bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,293 shares of the company’s stock, valued at approximately $794,000.

Other hedge funds have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International during the fourth quarter worth $25,000. Advocate Investing Services LLC acquired a new position in Mondelez International in the fourth quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International in the third quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International during the fourth quarter valued at $28,000. Finally, High Point Wealth Management LLC bought a new stake in Mondelez International during the fourth quarter valued at $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $61.42 on Friday. The firm has a market capitalization of $78.84 billion, a P/E ratio of 30.56, a P/E/G ratio of 2.30 and a beta of 0.39. The firm’s 50-day moving average price is $60.98 and its 200-day moving average price is $59.00. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 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 during the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the business posted $0.76 EPS. 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. Equities research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analyst Ratings Changes

MDLZ has been the subject of several research analyst reports. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. upped their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. 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 for the company. UBS Group lifted their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $66.44.

About Mondelez International

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.