Van Hulzen Asset Management LLC Sells 105,593 Shares of Mondelez International, Inc. $MDLZ

Van Hulzen Asset Management LLC lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 63.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 60,637 shares of the company’s stock after selling 105,593 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Mondelez International were worth $3,264,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Mondelez International by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after purchasing an additional 1,646,213 shares in the last quarter. Capital International Investors lifted its position in Mondelez International by 9.7% during the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after purchasing an additional 6,958,868 shares during the period. JPMorgan Chase & Co. increased its holdings in Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares during the period. State Street Corp increased its holdings in Mondelez International by 1.5% in the 3rd quarter. State Street Corp now owns 60,309,117 shares of the company’s stock valued at $3,797,087,000 after buying an additional 862,720 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Mondelez International by 2.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock valued at $977,337,000 after buying an additional 323,602 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Rothschild & Co Redburn reissued a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Bank of America boosted their target price on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Wells Fargo & Company boosted their target price on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Sanford C. Bernstein lowered their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Performance

Mondelez International stock opened at $61.50 on Friday. The business has a 50 day moving average of $58.50 and a 200-day moving average of $57.52. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The company has a market capitalization of $78.94 billion, a P/E ratio of 30.60, a P/E/G ratio of 2.42 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, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

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.