Mondelez International, Inc. $MDLZ Shares Purchased by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2,089.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,519 shares of the company’s stock after purchasing an additional 148,416 shares during the period. Franklin Street Advisors Inc. NC’s holdings in Mondelez International were worth $8,995,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MDLZ. J.Safra Asset Management Corp bought a new position in shares of Mondelez International in the fourth quarter worth $25,000. Advocate Investing Services LLC acquired a new position in shares of Mondelez International during the fourth quarter valued at $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International during the fourth quarter valued at about $28,000. High Point Wealth Management LLC bought a new stake in shares of Mondelez International during the fourth quarter valued at about $30,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International in the fourth quarter worth about $30,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $62.61 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The firm has a market cap of $79.91 billion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 2.55 and a beta of 0.38. The business has a fifty day simple moving average of $61.05 and a 200-day simple moving average of $59.77. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period in the previous year, the company earned $0.73 earnings per share. Mondelez International’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were given 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 3.2%. Mondelez International’s dividend payout ratio (DPR) is 73.53%.

Analyst Upgrades and Downgrades

MDLZ has been the subject of a number of recent analyst reports. BNP Paribas Exane increased their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 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. Jefferies Financial Group reaffirmed a “buy” rating and issued a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Barclays increased their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.