Mondelez International, Inc. $MDLZ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 12.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,120,191 shares of the company’s stock after selling 154,060 shares during the quarter. HighTower Advisors LLC’s holdings in Mondelez International were worth $64,792,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MDLZ. Vanguard Group Inc. lifted its holdings in Mondelez International by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after acquiring an additional 1,646,213 shares during the period. Capital International Investors boosted its position in shares of Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after purchasing an additional 8,382,270 shares in the last quarter. State Street Corp grew its stake in shares of Mondelez International by 1.5% during 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 grew its stake in shares of Mondelez International by 12.0% during 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 increased its holdings in shares of Mondelez International by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock valued at $1,570,182,000 after purchasing an additional 108,179 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Trading Down 2.2%

Shares of MDLZ stock opened at $62.18 on Tuesday. The stock has a market cap of $79.36 billion, a P/E ratio of 22.86, a P/E/G ratio of 2.59 and a beta of 0.38. 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, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65. The business has a fifty day simple moving average of $61.18 and a 200-day simple moving average of $59.96.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping 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 business had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period in the previous year, the firm earned $0.73 EPS. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. UBS Group upped their target price 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. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research report on Wednesday, July 29th. Finally, TD Cowen lifted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. One equities research 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.