Mondelez International, Inc. $MDLZ Position Trimmed by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC reduced its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 51.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 33,331 shares of the company’s stock after selling 35,601 shares during the period. Richard Bernstein Advisors LLC’s holdings in Mondelez International were worth $2,082,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of MDLZ. Brighton Jones LLC boosted its position in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares during the period. United Bank increased its stake in Mondelez International by 13.2% during the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares during the period. Savant Capital LLC lifted its stake in shares of Mondelez International by 43.9% in the 2nd quarter. Savant Capital LLC now owns 41,964 shares of the company’s stock worth $2,830,000 after acquiring an additional 12,807 shares during the period. AE Wealth Management LLC increased its stake in shares of Mondelez International by 26.4% during the second quarter. AE Wealth Management LLC now owns 65,320 shares of the company’s stock valued at $4,405,000 after acquiring an additional 13,652 shares during the period. Finally, Prospera Financial Services Inc lifted its position in Mondelez International by 39.9% in the second quarter. Prospera Financial Services Inc now owns 38,042 shares of the company’s stock worth $2,566,000 after purchasing an additional 10,848 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ opened at $58.17 on Tuesday. The company has a market capitalization of $74.57 billion, a PE ratio of 30.94, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The company’s fifty day moving average price is $58.13 and its 200 day moving average price is $58.74. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. 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 (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is 106.38%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MDLZ shares. Wells Fargo & Company upped their price objective on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. decreased their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Argus upgraded shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.06.

Insider Transactions at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International 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 completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.41% of the stock is owned by corporate insiders.

Mondelez International 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.