Townsquare Capital LLC Decreases Stake in Mondelez International, Inc. $MDLZ

Townsquare Capital LLC reduced its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 45.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 39,012 shares of the company’s stock after selling 32,861 shares during the period. Townsquare Capital LLC’s holdings in Mondelez International were worth $2,100,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. J.Safra Asset Management Corp purchased a new stake in shares of Mondelez International in the fourth quarter worth about $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Mondelez International in the third quarter worth about $27,000. High Point Wealth Management LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $30,000. McIlrath & Eck LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $30,000. Finally, Navalign LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $31,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $64.18 on Thursday. The firm has a market capitalization of $82.38 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 2.46 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The business has a 50 day simple moving average of $59.93 and a 200-day simple moving average of $58.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last posted 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 business 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%.The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the company earned $0.76 EPS. 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 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed 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. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MDLZ shares. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 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. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Bank of America lifted their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Finally, Sanford C. Bernstein lowered their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $67.05.

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.