Mondelez International, Inc. $MDLZ Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 13.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,845 shares of the company’s stock after selling 12,017 shares during the period. Vontobel Holding Ltd.’s holdings in Mondelez International were worth $4,503,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wallace Advisory Group LLC lifted its stake in Mondelez International by 7.3% in the second quarter. Wallace Advisory Group LLC now owns 7,328 shares of the company’s stock worth $424,000 after acquiring an additional 500 shares during the last quarter. Fire Capital Management LLC increased its position in shares of Mondelez International by 4.4% in the 2nd quarter. Fire Capital Management LLC now owns 24,185 shares of the company’s stock valued at $1,399,000 after purchasing an additional 1,014 shares during the last quarter. Lester Murray Antman dba SimplyRich increased its position in shares of Mondelez International by 11.7% in the 2nd quarter. Lester Murray Antman dba SimplyRich now owns 14,942 shares of the company’s stock valued at $864,000 after purchasing an additional 1,562 shares during the last quarter. Daymark Wealth Partners LLC increased its position in shares of Mondelez International by 11.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 16,072 shares of the company’s stock valued at $930,000 after purchasing an additional 1,635 shares during the last quarter. Finally, HUB Investment Partners LLC raised its holdings in shares of Mondelez International by 7.6% in the 2nd quarter. HUB Investment Partners LLC now owns 23,413 shares of the company’s stock valued at $1,354,000 after purchasing an additional 1,649 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ opened at $63.61 on Monday. The firm has a market cap of $81.19 billion, a price-to-earnings ratio of 23.39, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The business’s 50 day moving average is $61.17 and its two-hundred day moving average is $59.93. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62.

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. The business had revenue of $9.36 billion during 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 company’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a dividend of $0.50 per share. 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 is currently 73.53%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MDLZ shares. TD Cowen lifted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. raised their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. UBS Group lifted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, BNP Paribas Exane upped their price objective on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.