Mondelez International, Inc. (NASDAQ:MDLZ) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Mondelez International, Inc. (NASDAQ:MDLZ) has earned a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are presently covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $66.89.

A number of analysts recently issued reports on MDLZ shares. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. TD Cowen raised their price target on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. BNP Paribas Exane boosted their price target on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research report on Wednesday, July 29th.

Mondelez International Stock Performance

Shares of MDLZ opened at $58.19 on Friday. Mondelez International has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a fifty day simple moving average of $61.94 and a 200 day simple moving average of $60.52. The stock has a market capitalization of $74.27 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.26 and a beta of 0.38. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period in the previous year, the business earned $0.73 EPS. The company’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Research analysts forecast that Mondelez International will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a $0.52 dividend. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s dividend payout ratio (DPR) is 76.47%.

Insiders Place Their Bets

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer directly owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company’s stock.

Institutional Trading of Mondelez International

A number of large investors have recently added to or reduced their stakes in the company. Capital International Investors raised its holdings in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares during the period. Geode Capital Management LLC grew its holdings in Mondelez International by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after purchasing an additional 108,179 shares during the period. Norges Bank bought a new position in Mondelez International during the fourth quarter worth about $1,010,020,000. Deutsche Bank AG increased its position in Mondelez International by 12.5% during the fourth quarter. Deutsche Bank AG now owns 14,353,633 shares of the company’s stock worth $772,656,000 after buying an additional 1,589,713 shares during the last quarter. Finally, Nuveen LLC increased its position in Mondelez International by 2.7% during the fourth quarter. Nuveen LLC now owns 11,963,099 shares of the company’s stock worth $643,974,000 after buying an additional 319,422 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

About Mondelez International

Mondelez International, Inc is a global food and beverage company focused primarily on snacks. Its portfolio includes biscuits, cookies, crackers, chocolate, baked snacks, gum and candy. Well-known brands include Oreo, Ritz, Chips Ahoy!, belVita, LU, Cadbury, Milka, Toblerone, Sour Patch Kids and Trident.

The company sells its products in countries around the world through grocery stores, convenience outlets, e-commerce channels and other retail and food-service locations. Its operations are organized around major geographic markets, including North America, Latin America, Europe and emerging markets across Asia, the Middle East and Africa.

Mondelez was created in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.