Cibc World Market Inc. Trims Holdings in Mondelez International, Inc. $MDLZ

Cibc World Market Inc. decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 40.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 395,403 shares of the company’s stock after selling 266,252 shares during the period. Cibc World Market Inc.’s holdings in Mondelez International were worth $21,285,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Mondelez International during the third quarter valued at $27,000. High Point Wealth Management LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at $30,000. McIlrath & Eck LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at $30,000. Navalign LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at $31,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Mondelez International during the third quarter valued at $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.04 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a market cap of $79.64 billion, a PE ratio of 30.87, a P/E/G ratio of 2.39 and a beta of 0.38. The business has a 50-day simple moving average of $59.64 and a two-hundred day simple moving average of $57.89.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s payout ratio is 99.50%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MDLZ. Sanford C. Bernstein cut their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus price target of $67.05.

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.