Evelyn Partners Investment Management LLP lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 16.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,974 shares of the company’s stock after selling 20,080 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Mondelez International were worth $5,489,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares during the period. United Bank raised its position in shares of Mondelez International by 13.2% during the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after purchasing an additional 3,070 shares during the period. Sei Investments Co. raised its position in shares of Mondelez International by 15.1% during the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after purchasing an additional 71,667 shares during the period. Osterweis Capital Management Inc. raised its position in shares of Mondelez International by 4,470.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after purchasing an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC raised its position in shares of Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock worth $532,000 after purchasing an additional 4,668 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on MDLZ shares. Bank of America increased their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Rothschild & Co Redburn reiterated a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. TD Cowen increased their price target on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. One equities research 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.
Mondelez International Stock Performance
Shares of MDLZ stock opened at $62.99 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a market capitalization of $80.86 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 2.47 and a beta of 0.38. The business has a 50 day simple moving average of $60.16 and a 200 day simple moving average of $58.13. 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 – Get Free Report) last issued 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. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business 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 company posted $0.76 EPS. The business’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. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current year.
Mondelez International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is 99.50%.
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.
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