De Put Dirk Van Sells 133,580 Shares of Mondelez International (NASDAQ:MDLZ) Stock

Mondelez International, Inc. (NASDAQ:MDLZ) CEO De Put Dirk Van sold 133,580 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $64.45 on Friday. The company has a market capitalization of $82.26 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 2.62 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company’s 50-day moving average is $61.22 and its 200 day moving average is $60.11.

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

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

Institutional Investors Weigh In On Mondelez International

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

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent analyst reports. BNP Paribas Exane increased their target price on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. UBS Group upped their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Barclays increased their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Finally, JPMorgan Chase & Co. lifted their price objective on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

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.