Stock Yards Bank & Trust Co. Trims Holdings in Mondelez International, Inc. $MDLZ

Stock Yards Bank & Trust Co. decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 15.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 266,286 shares of the company’s stock after selling 47,428 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Mondelez International were worth $14,334,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MDLZ. Sound Income Strategies LLC raised its position in Mondelez International by 14.4% in the fourth quarter. Sound Income Strategies LLC now owns 1,875 shares of the company’s stock valued at $107,000 after purchasing an additional 236 shares during the period. Capital Management Associates Inc raised its position in Mondelez International by 80.6% in the fourth quarter. Capital Management Associates Inc now owns 10,939 shares of the company’s stock valued at $589,000 after purchasing an additional 4,881 shares during the period. Cidel Asset Management Inc. raised its position in Mondelez International by 5.4% in the fourth quarter. Cidel Asset Management Inc. now owns 10,427 shares of the company’s stock valued at $561,000 after purchasing an additional 533 shares during the period. Leo Wealth LLC raised its position in Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after purchasing an additional 176 shares during the period. Finally, TOWER TRUST & INVESTMENT Co raised its position in Mondelez International by 1.7% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 12,892 shares of the company’s stock valued at $694,000 after purchasing an additional 221 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of a number of research analyst reports. Mizuho reduced their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Stifel Nicolaus reduced their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Sanford C. Bernstein cut their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Finally, UBS Group cut their price objective on Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $66.00.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by insiders.

Mondelez International Price Performance

MDLZ stock opened at $58.38 on Tuesday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a market capitalization of $74.83 billion, a PE ratio of 31.05, a P/E/G ratio of 2.45 and a beta of 0.37. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The business’s fifty day moving average price is $58.65 and its 200 day moving average price is $58.03.

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

Mondelez International Announces Dividend

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

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.