Atlas Wealth LLC Invests $1.20 Million in Mondelez International, Inc. $MDLZ

Atlas Wealth LLC bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,734 shares of the company’s stock, valued at approximately $1,195,000.

Other institutional investors have also recently modified their holdings of the company. OLD Republic International Corp increased its position in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after purchasing an additional 252,700 shares in the last quarter. Allstate Corp boosted its holdings in Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after acquiring an additional 50,562 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Mondelez International by 41.0% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after buying an additional 1,166,036 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at about $970,000. Finally, E. Ohman J or Asset Management AB purchased a new stake in Mondelez International during the 4th quarter worth $2,629,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Trading Down 0.7%

Shares of NASDAQ MDLZ opened at $61.00 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The firm has a market capitalization of $78.30 billion, a P/E ratio of 30.35, a P/E/G ratio of 2.41 and a beta of 0.39. The company’s 50 day simple moving average is $60.97 and its 200 day simple moving average is $59.02.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 earnings per share. The business’s quarterly revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 99.50%.

Analysts Set New Price Targets

A number of equities analysts recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft decreased their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Barclays increased their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen increased their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.44.

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.