Mondelez International, Inc. (NASDAQ:MDLZ) Given Average Rating of “Moderate Buy” by Brokerages

Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus rating of “Moderate Buy” by the twenty-three brokerages that are covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $67.0526.

A number of analysts have weighed in on the company. Argus upgraded Mondelez International to a “hold” rating in a report on Thursday, February 12th. Barclays raised their target price on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. DA Davidson restated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th.

Institutional Trading of Mondelez International

Hedge funds and other institutional investors have recently made changes to their positions in the business. OLD Republic International Corp raised its holdings in shares of Mondelez International by 156.6% during the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after purchasing an additional 252,700 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after purchasing an additional 46,182 shares during the last quarter. Federated Hermes Inc. raised its holdings in shares of Mondelez International by 2,080.4% during the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after purchasing an additional 2,353,841 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Mondelez International by 12.6% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock worth $31,635,000 after purchasing an additional 56,510 shares during the last quarter. Finally, E. Ohman J or Asset Management AB purchased a new position in shares of Mondelez International during the fourth quarter worth $2,629,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 0.2%

Mondelez International stock opened at $62.39 on Friday. The business has a fifty day moving average of $59.10 and a two-hundred day moving average of $57.71. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a market cap of $80.09 billion, a P/E ratio of 31.04, a P/E/G ratio of 2.44 and a beta of 0.39. Mondelez International has a twelve month low of $51.20 and a twelve month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.Mondelez International’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts forecast that Mondelez International will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

Mondelez International Company 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.