Hudson Valley Investment Advisors Inc. ADV Has $4.03 Million Stake in Mondelez International, Inc. $MDLZ

Hudson Valley Investment Advisors Inc. ADV decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,772 shares of the company’s stock after selling 1,618 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Mondelez International were worth $4,031,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NTV Asset Management LLC raised its holdings in shares of Mondelez International by 5.0% during the second quarter. NTV Asset Management LLC now owns 4,764 shares of the company’s stock valued at $321,000 after purchasing an additional 225 shares during the period. QRG Capital Management Inc. raised its holdings in shares of Mondelez International by 15.3% during the second quarter. QRG Capital Management Inc. now owns 96,104 shares of the company’s stock valued at $6,481,000 after purchasing an additional 12,759 shares during the period. ZWJ Investment Counsel Inc. raised its holdings in shares of Mondelez International by 0.9% during the second quarter. ZWJ Investment Counsel Inc. now owns 711,451 shares of the company’s stock valued at $47,980,000 after purchasing an additional 6,385 shares during the period. Ameritas Advisory Services LLC raised its holdings in shares of Mondelez International by 17.4% during the second quarter. Ameritas Advisory Services LLC now owns 6,357 shares of the company’s stock valued at $429,000 after purchasing an additional 944 shares during the period. Finally, Mattern Capital Management LLC raised its holdings in shares of Mondelez International by 0.7% during the second quarter. Mattern Capital Management LLC now owns 123,774 shares of the company’s stock valued at $8,347,000 after purchasing an additional 852 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MDLZ shares. Dbs Bank upgraded shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a report on Friday, August 1st. Sanford C. Bernstein upped their price objective on shares of Mondelez International from $79.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. started coverage on shares of Mondelez International in a report on Wednesday, August 20th. They set an “overweight” rating and a $75.00 price objective on the stock. Jefferies Financial Group upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and upped their price objective for the company from $66.00 to $78.00 in a report on Thursday, July 17th. Finally, UBS Group lowered their target price on shares of Mondelez International from $72.00 to $69.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $71.80.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $62.67 on Friday. The stock has a market capitalization of $81.09 billion, a P/E ratio of 22.96, a PEG ratio of 4.67 and a beta of 0.45. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69. The firm’s 50 day moving average is $62.78 and its 200 day moving average is $65.55. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $72.70.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The company had revenue of $8.98 billion for the quarter, compared to analysts’ expectations of $8.82 billion. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. Mondelez International’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. Mondelez International’s dividend payout ratio is currently 73.26%.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.