Mondelez International, Inc. $MDLZ Shares Sold by Liberty One Investment Management LLC

Liberty One Investment Management LLC trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 16.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 260,918 shares of the company’s stock after selling 52,968 shares during the period. Mondelez International accounts for 1.6% of Liberty One Investment Management LLC’s holdings, making the stock its 24th biggest holding. Liberty One Investment Management LLC’s holdings in Mondelez International were worth $15,039,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MDLZ. OLD Republic International Corp lifted its position in shares of Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after acquiring an additional 252,700 shares during the period. Allstate Corp increased its position in shares of Mondelez International by 107.7% in 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. VCI Wealth Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth $970,000. BNP Paribas Financial Markets lifted its position in Mondelez International by 41.0% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after purchasing an additional 1,166,036 shares during the period. Finally, PKO Investment Management Joint Stock Co lifted its position in Mondelez International by 115.0% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after purchasing an additional 54,066 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 1.3%

MDLZ opened at $60.05 on Friday. The company’s 50 day moving average is $60.88 and its 200-day moving average is $59.22. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $70.61. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a market cap of $77.08 billion, a P/E ratio of 29.88, a PEG ratio of 2.52 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.04 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is 99.50%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MDLZ shares. Barclays raised their target price on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Freedom Capital downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. 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. Finally, TD Cowen raised their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average 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.