Villere ST Denis J & Co. LLC Sells 10,453 Shares of Mondelez International, Inc. $MDLZ

Villere ST Denis J & Co. LLC reduced its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 327,131 shares of the company’s stock after selling 10,453 shares during the period. Villere ST Denis J & Co. LLC’s holdings in Mondelez International were worth $17,609,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Financial Perspectives Inc lifted its position in shares of Mondelez International by 22.9% during the third quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock valued at $59,000 after purchasing an additional 176 shares in the last quarter. Leo Wealth LLC raised its position in Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after acquiring an additional 176 shares during the period. Columbia Asset Management raised its position in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after acquiring an additional 180 shares during the period. West Paces Advisors Inc. raised its position in Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after acquiring an additional 186 shares during the period. Finally, Acorn Wealth Advisors LLC raised its position in Mondelez International by 4.8% in the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after acquiring an additional 189 shares during the period. 78.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on MDLZ shares. Morgan Stanley lifted their price objective on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. BTIG Research started coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective on the stock. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective 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 investment 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.47.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.45% of the stock is currently owned by company insiders.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $56.06 on Thursday. The company’s 50 day moving average is $58.19 and its 200-day moving average is $57.59. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The firm has a market cap of $71.86 billion, a P/E ratio of 29.82, a price-to-earnings-growth ratio of 2.38 and a beta of 0.37.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 3.03 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Mondelez International’s payout ratio is 106.38%.

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.