Mondelez International, Inc. $MDLZ Shares Bought by Family Capital Trust Co

Family Capital Trust Co raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 99,533.6% in the second quarter, Holdings Channel reports. The institutional investor owned 106,608 shares of the company’s stock after purchasing an additional 106,501 shares during the period. Mondelez International accounts for about 2.3% of Family Capital Trust Co’s portfolio, making the stock its 14th largest position. Family Capital Trust Co’s holdings in Mondelez International were worth $6,166,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MDLZ. Vanguard Group Inc. boosted its stake in shares of Mondelez International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock worth $7,013,179,000 after acquiring an additional 1,646,213 shares in the last quarter. Capital International Investors increased its stake in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares in the last quarter. State Street Corp raised its holdings in Mondelez International by 1.5% in the 4th quarter. State Street Corp now owns 61,217,193 shares of the company’s stock worth $3,325,625,000 after purchasing an additional 908,076 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Mondelez International by 12.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares during the period. Finally, Geode Capital Management LLC boosted its position in Mondelez International by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after purchasing an additional 108,179 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on MDLZ. TD Cowen raised their price objective on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. lifted their price target on shares of Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Barclays boosted their price target on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, UBS Group upped their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $63.61 on Friday. The stock has a 50 day moving average of $61.17 and a two-hundred day moving average of $59.92. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a market cap of $81.19 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.58 and a beta of 0.38. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

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

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

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.