11,967 Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA

Jacobs & Co. CA trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 19.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,265 shares of the company’s stock after selling 11,967 shares during the quarter. Jacobs & Co. CA’s holdings in Mondelez International were worth $2,848,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Whipplewood Advisors LLC increased its position in shares of Mondelez International by 35.5% during the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Mondelez International by 3.5% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock worth $292,000 after buying an additional 173 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in shares of Mondelez International by 0.6% in the 1st quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after buying an additional 177 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in Mondelez International by 2.1% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock valued at $515,000 after buying an additional 179 shares during the period. Finally, Mechanics Bank Trust Department grew its position in Mondelez International by 3.1% during the second quarter. Mechanics Bank Trust Department now owns 6,130 shares of the company’s stock valued at $355,000 after buying an additional 187 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $60.41 on Friday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65. The stock has a fifty day moving average of $61.64 and a 200 day moving average of $60.62. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The firm has a market capitalization of $77.10 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 2.37 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same quarter last year, the company posted $0.73 EPS. The business’s quarterly revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.08 annualized dividend and a yield of 3.4%. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio (DPR) is currently 76.47%.

Insider Transactions at Mondelez International

In other news, CEO Dirk Van de Put sold 133,580 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. The Goldman Sachs Group raised their target price on Mondelez International from $65.00 to $72.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Wells Fargo & Company lowered their target price on Mondelez International from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. BNP Paribas Exane upped their price target on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Piper Sandler upped their price target on Mondelez International from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Seventeen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.82.

Mondelez International Profile

Mondelez International, Inc is a global food and beverage company focused primarily on snacks. Its portfolio includes biscuits, cookies, crackers, chocolate, baked snacks, gum and candy. Well-known brands include Oreo, Ritz, Chips Ahoy!, belVita, LU, Cadbury, Milka, Toblerone, Sour Patch Kids and Trident.

The company sells its products in countries around the world through grocery stores, convenience outlets, e-commerce channels and other retail and food-service locations. Its operations are organized around major geographic markets, including North America, Latin America, Europe and emerging markets across Asia, the Middle East and Africa.

Mondelez was created in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.