UNIVEST FINANCIAL Corp Reduces Stock Holdings in Mondelez International, Inc. $MDLZ

UNIVEST FINANCIAL Corp lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 148,902 shares of the company’s stock after selling 10,611 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Mondelez International were worth $8,612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Quent Capital LLC grew its stake in Mondelez International by 28.7% in the 2nd quarter. Quent Capital LLC now owns 8,163 shares of the company’s stock valued at $472,000 after acquiring an additional 1,818 shares during the last quarter. Paragon Financial Partners Inc. raised its position in Mondelez International by 5.2% during the second quarter. Paragon Financial Partners Inc. now owns 4,830 shares of the company’s stock worth $301,000 after acquiring an additional 238 shares during the last quarter. Deutsche Bank AG raised its position in Mondelez International by 1.1% during the second quarter. Deutsche Bank AG now owns 13,016,006 shares of the company’s stock worth $752,846,000 after acquiring an additional 140,351 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in shares of Mondelez International by 21.7% in the second quarter. Perigon Wealth Management LLC now owns 15,963 shares of the company’s stock valued at $923,000 after purchasing an additional 2,846 shares in the last quarter. Finally, Phillips Wealth Planners LLC lifted its holdings in shares of Mondelez International by 16.3% in the second quarter. Phillips Wealth Planners LLC now owns 7,716 shares of the company’s stock valued at $465,000 after purchasing an additional 1,080 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $62.66 on Wednesday. The company has a 50-day simple moving average of $61.18 and a 200-day simple moving average of $59.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The company has a market cap of $79.97 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $9.21 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. The company’s quarterly revenue 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, equities analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MDLZ. JPMorgan Chase & Co. raised their price objective on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 target price on shares of Mondelez International in a report on Wednesday, July 29th. UBS Group increased their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. BNP Paribas Exane raised their price target on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. One investment 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 MarketBeat.com, the stock currently has a consensus 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.