Lazard Freres Gestion S.A.S. Lowers Position in Mondelez International, Inc. $MDLZ

Lazard Freres Gestion S.A.S. lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 704,472 shares of the company’s stock after selling 60,742 shares during the quarter. Lazard Freres Gestion S.A.S. owned approximately 0.05% of Mondelez International worth $37,921,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. IFP Advisors Inc increased its position in Mondelez International by 107.7% in the fourth quarter. IFP Advisors Inc now owns 15,441 shares of the company’s stock worth $831,000 after purchasing an additional 8,008 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in Mondelez International by 0.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 51,637 shares of the company’s stock worth $2,780,000 after purchasing an additional 222 shares during the last quarter. Fairtree Asset Management Pty Ltd bought a new stake in Mondelez International in the fourth quarter worth $997,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Mondelez International in the fourth quarter worth $406,000. Finally, Handelsbanken Fonder AB increased its position in Mondelez International by 7.1% in the fourth quarter. Handelsbanken Fonder AB now owns 536,300 shares of the company’s stock worth $28,869,000 after purchasing an additional 35,384 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.6%

MDLZ stock opened at $61.29 on Wednesday. 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, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a market capitalization of $78.67 billion, a price-to-earnings ratio of 30.49, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. The firm’s fifty day simple moving average is $58.33 and its two-hundred day simple moving average is $57.46.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share 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 analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the business posted $0.76 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several research reports. Argus upgraded shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. UBS Group boosted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Piper Sandler boosted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International 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.