Capital Research Global Investors Reduces Position in Mondelez International, Inc. $MDLZ

Capital Research Global Investors decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.6% in the fourth quarter, HoldingsChannel reports. The fund owned 29,521,307 shares of the company’s stock after selling 183,521 shares during the quarter. Capital Research Global Investors’ holdings in Mondelez International were worth $1,589,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC grew its stake in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after acquiring an additional 7,025 shares in the last quarter. United Bank grew its stake in Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after acquiring an additional 3,070 shares in the last quarter. Sei Investments Co. grew its stake in Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after acquiring an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. grew its stake in Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after acquiring an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after acquiring an additional 4,668 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on MDLZ. Sanford C. Bernstein dropped their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. TD Cowen lifted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. UBS Group lifted their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Price Performance

MDLZ stock opened at $62.04 on Friday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. 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 company has a 50-day moving average price of $59.64 and a 200 day moving average price of $57.89. The stock has a market cap of $79.64 billion, a PE ratio of 30.87, a P/E/G ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the company earned $0.76 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

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