Rhumbline Advisers Lowers Position in Mondelez International, Inc. $MDLZ

Rhumbline Advisers reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,488,030 shares of the company’s stock after selling 55,939 shares during the period. Rhumbline Advisers owned approximately 0.19% of Mondelez International worth $155,427,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MDLZ. Brighton Jones LLC boosted its position in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares during the period. CWM LLC lifted its stake in Mondelez International by 22.3% during the second quarter. CWM LLC now owns 141,247 shares of the company’s stock worth $9,526,000 after purchasing an additional 25,787 shares in the last quarter. MGO One Seven LLC boosted its position in shares of Mondelez International by 7.8% during the second quarter. MGO One Seven LLC now owns 22,688 shares of the company’s stock worth $1,530,000 after buying an additional 1,648 shares during the period. Vest Financial LLC boosted its position in shares of Mondelez International by 39.3% during the second quarter. Vest Financial LLC now owns 18,344 shares of the company’s stock worth $1,237,000 after buying an additional 5,172 shares during the period. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Mondelez International by 19.7% in the second quarter. Sequoia Financial Advisors LLC now owns 38,024 shares of the company’s stock valued at $2,564,000 after buying an additional 6,267 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Piper Sandler increased their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. DA Davidson restated a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. DZ Bank raised shares of Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average price target of $67.44.

Mondelez International Stock Up 1.4%

Shares of NASDAQ MDLZ opened at $61.47 on Thursday. The business has a 50-day moving average of $56.12 and a two-hundred day moving average of $59.20. The company has a market capitalization of $79.32 billion, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38. 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 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the business posted $0.65 EPS. The business’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, analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, December 31st. Mondelez International’s payout ratio is currently 106.38%.

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.