Mondelez International, Inc. $MDLZ Stock: Crossmark Global Holdings Inc. Increases Stake

Crossmark Global Holdings Inc. increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 3.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,210 shares of the company’s stock after buying an additional 11,226 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Mondelez International were worth $17,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MDLZ. Miller Global Investments LLC bought a new position in Mondelez International during the 3rd quarter valued at approximately $26,000. North Point Portfolio Managers Corp OH purchased a new stake in Mondelez International in the third quarter worth about $28,000. Ballast Advisors LLC purchased a new position in shares of Mondelez International during the 1st quarter worth approximately $34,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Mondelez International during the second quarter valued at approximately $35,000. Finally, Whipplewood Advisors LLC raised its holdings in Mondelez International by 35.5% in the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after purchasing an additional 169 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Insider Activity

In related news, CEO Dirk Van de Put sold 133,580 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by insiders.

Mondelez International Trading Down 1.9%

Shares of MDLZ stock opened at $62.75 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The company has a market cap of $80.09 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.48 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The firm has a fifty day moving average price of $61.75 and a 200-day moving average price of $60.95.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The business had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is currently 76.47%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group restated a “buy” rating and issued a $73.00 price objective (up from $70.00) on shares of Mondelez International in a report on Wednesday, July 29th. TD Cowen increased their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Barclays lifted their target price on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Finally, BNP Paribas Exane increased their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $68.86.

Mondelez International Profile

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.