Heartland Bank & Trust Co Acquires New Shares in Mondelez International, Inc. $MDLZ

Heartland Bank & Trust Co acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 8,753 shares of the company’s stock, valued at approximately $505,000.

Other hedge funds have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in Mondelez International during the 4th quarter valued at about $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International in the fourth quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the fourth quarter worth approximately $28,000. High Point Wealth Management LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $30,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of several research reports. BTIG Research started coverage on shares of Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price on the stock. Rothschild & Co Redburn reiterated a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Bank of America raised their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. 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, twelve have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $66.44.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $61.00 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 $78.30 billion, a price-to-earnings ratio of 30.35, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. 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 firm has a 50 day moving average of $60.97 and a 200 day moving average of $59.02.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was 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.