Mondelez International Target of Unusually High Options Trading (NASDAQ:MDLZ)

Mondelez International, Inc. (NASDAQ:MDLZ) was the target of some unusual options trading on Wednesday. Investors purchased 6,771 put options on the stock. This represents an increase of 77% compared to the typical daily volume of 3,820 put options.

Insider Buying and Selling at Mondelez International

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

Institutional Investors Weigh In On Mondelez International

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. UBS Group cut their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Mizuho cut their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. DA Davidson restated a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company lifted their price target on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ traded down $1.22 during trading on Wednesday, reaching $55.37. 3,271,187 shares of the company’s stock traded hands, compared to its average volume of 11,079,750. The stock has a market capitalization of $70.97 billion, a P/E ratio of 29.43, a price-to-earnings-growth ratio of 2.42 and a beta of 0.38. The company has a 50 day moving average of $58.16 and a 200-day moving average of $58.69. Mondelez International has a 12 month low of $51.20 and a 12 month 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 announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm 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%.The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities analysts expect that Mondelez International will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Mondelez International’s payout ratio is presently 106.38%.

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.