First Financial Bankshares Inc Sells 36,536 Shares of Mondelez International, Inc. $MDLZ

First Financial Bankshares Inc cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 782,653 shares of the company’s stock after selling 36,536 shares during the period. First Financial Bankshares Inc’s holdings in Mondelez International were worth $42,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of MDLZ. Norges Bank bought a new stake in Mondelez International during the 4th quarter valued at $1,010,020,000. JPMorgan Chase & Co. raised its position in Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares in the last quarter. Capital International Investors raised its position in Mondelez International by 10.7% during 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 in the last quarter. Van ECK Associates Corp raised its position in Mondelez International by 103.2% during the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after purchasing an additional 2,637,287 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in Mondelez International by 63.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after purchasing an additional 1,849,482 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Down 1.3%

Shares of NASDAQ:MDLZ opened at $63.36 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The business’s fifty day simple moving average is $60.04 and its 200-day simple moving average is $58.10. The company has a market capitalization of $81.33 billion, a PE ratio of 31.52, a P/E/G ratio of 2.51 and a beta of 0.38. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly 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 return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the business posted $0.76 EPS. 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, equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MDLZ. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Bank of America lifted their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft cut their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, Wells Fargo & Company lifted their price target on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

About Mondelez International

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.