Mondelez International, Inc. $MDLZ Shares Acquired by Burling Wealth Partners LLC

Burling Wealth Partners LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 43.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 51,002 shares of the company’s stock after acquiring an additional 15,475 shares during the period. Burling Wealth Partners LLC’s holdings in Mondelez International were worth $2,940,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Whipplewood Advisors LLC grew its position in Mondelez International by 35.5% in the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after acquiring an additional 169 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Mondelez International by 3.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock valued at $292,000 after purchasing an additional 173 shares during the period. Leo Wealth LLC lifted its position in shares of Mondelez International by 2.4% during the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after purchasing an additional 176 shares in the last quarter. Granite Investment Partners LLC lifted its position in shares of Mondelez International by 0.6% during the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after purchasing an additional 177 shares in the last quarter. Finally, Columbia Asset Management boosted its stake in shares of Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after purchasing an additional 180 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MDLZ shares. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. JPMorgan Chase & Co. boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Finally, Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $66.44.

Mondelez International Price Performance

Shares of MDLZ stock opened at $60.27 on Tuesday. The firm has a fifty day moving average of $60.94 and a two-hundred day moving average of $59.08. The firm has a market cap of $77.37 billion, a P/E ratio of 29.99, a P/E/G ratio of 2.40 and a beta of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the business posted $0.76 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio is presently 99.50%.

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.