Mondelez International, Inc. $MDLZ Shares Sold by Capital Research Global Investors

Capital Research Global Investors decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,704,828 shares of the company’s stock after selling 2,060,263 shares during the quarter. Capital Research Global Investors’ holdings in Mondelez International were worth $1,855,662,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MDLZ. Soundwatch Capital LLC bought a new stake in shares of Mondelez International during the 2nd quarter valued at about $27,000. Richardson Financial Services Inc. raised its position in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares during the period. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares during the last quarter. Traub Capital Management LLC bought a new position in Mondelez International during the 2nd quarter worth $37,000. Finally, GGM Financials LLC acquired a new stake in Mondelez International in the third quarter worth $41,000. Institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

MDLZ has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. JPMorgan Chase & Co. reduced their target price on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Mizuho lowered their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Finally, Bank of America dropped their target price on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Mondelez International Trading Down 0.4%

MDLZ opened at $58.17 on Tuesday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The firm has a 50-day moving average price of $58.13 and a two-hundred day moving average price of $58.74. The stock has a market capitalization of $74.57 billion, a PE ratio of 30.94, a PEG ratio of 2.43 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) 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.