Parallel Advisors LLC Sells 12,443 Shares of Mondelez International, Inc. $MDLZ

Parallel Advisors LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 57,040 shares of the company’s stock after selling 12,443 shares during the period. Parallel Advisors LLC’s holdings in Mondelez International were worth $3,083,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Leo Wealth LLC raised its stake in Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after buying an additional 176 shares during the period. Columbia Asset Management raised its stake in Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after buying an additional 180 shares during the period. West Paces Advisors Inc. raised its stake in Mondelez International by 1.1% during the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after buying an additional 186 shares during the period. Nicolet Advisory Services LLC raised its stake in Mondelez International by 1.1% during the 3rd quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock worth $1,171,000 after buying an additional 197 shares during the period. Finally, CYBER HORNET ETFs LLC raised its stake in Mondelez International by 5.6% during the 4th quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock worth $204,000 after buying an additional 200 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ stock opened at $62.04 on Friday. The business has a 50 day moving average of $59.64 and a 200-day moving average of $57.89. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm 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 company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60.

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

Mondelez International Announces Dividend

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

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Wells Fargo & Company increased their price objective on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Bank of America increased their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Rothschild & Co Redburn reissued a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Finally, JPMorgan Chase & Co. increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Company 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.