Generali Investments Management Co LLC Sells 8,728 Shares of Mondelez International, Inc. $MDLZ

Generali Investments Management Co LLC trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 45.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,458 shares of the company’s stock after selling 8,728 shares during the period. Generali Investments Management Co LLC’s holdings in Mondelez International were worth $653,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Soundwatch Capital LLC bought a new position in Mondelez International during the 2nd quarter valued at approximately $27,000. Rossby Financial LCC grew its stake in shares of Mondelez International by 966.7% in the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after acquiring an additional 406 shares during the last quarter. Richardson Financial Services Inc. grew its stake in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after acquiring an additional 282 shares during the last quarter. Aspect Partners LLC increased its holdings in shares of Mondelez International by 180.5% during the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after acquiring an additional 305 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its position in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ MDLZ opened at $59.94 on Friday. The business’s fifty day moving average price is $57.48 and its 200-day moving average price is $58.93. The stock has a market capitalization of $76.83 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.51 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is presently 106.38%.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on MDLZ shares. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. Morgan Stanley reduced their target price on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Wells Fargo & Company increased their price objective on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average price target of $67.06.

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.