Goldman Sachs Group Inc. Sells 297,298 Shares of Mondelez International, Inc. $MDLZ

Goldman Sachs Group Inc. cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,332,631 shares of the company’s stock after selling 297,298 shares during the quarter. Goldman Sachs Group Inc. owned about 0.65% of Mondelez International worth $448,546,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International in the third quarter worth $27,000. JPL Wealth Management LLC bought a new stake in Mondelez International in the third quarter worth $32,000. McIlrath & Eck LLC bought a new stake in Mondelez International in the fourth quarter worth $30,000. High Point Wealth Management LLC bought a new stake in Mondelez International in the fourth quarter worth $30,000. Finally, Navalign LLC bought a new stake in Mondelez International in the fourth quarter worth $31,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Down 0.5%

MDLZ stock opened at $60.99 on Friday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The business has a fifty day moving average price of $59.54 and a 200-day moving average price of $57.86. 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 stock has a market capitalization of $78.29 billion, a P/E ratio of 30.34, a P/E/G ratio of 2.40 and a beta of 0.38.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s payout ratio is currently 99.50%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. 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 report on Friday, April 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. 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. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, 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 report on Thursday, February 12th. One investment 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 stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $67.05.

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.