Gerald Baker Financial Group LLC Takes $794,000 Position in Mondelez International, Inc. $MDLZ

Gerald Baker Financial Group LLC bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) in the 1st quarter, HoldingsChannel reports. The fund bought 13,293 shares of the company’s stock, valued at approximately $794,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Financial Group LLC bought a new stake in Mondelez International during the 1st quarter worth approximately $603,000. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in shares of Mondelez International by 2.0% in the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 141,401 shares of the company’s stock valued at $8,150,000 after purchasing an additional 2,769 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Mondelez International by 7.1% in the first quarter. D.A. Davidson & CO. now owns 61,941 shares of the company’s stock valued at $3,570,000 after purchasing an additional 4,100 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Mondelez International by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 8,458,056 shares of the company’s stock valued at $487,522,000 after buying an additional 106,636 shares during the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH boosted its position in shares of Mondelez International by 8.3% during the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 44,648 shares of the company’s stock valued at $2,574,000 after buying an additional 3,423 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of a number of analyst reports. Bank of America increased their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Barclays lifted their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. TD Cowen upped their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. UBS Group increased their target price on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.44.

Check Out Our Latest Stock Report on MDLZ

Mondelez International Stock Performance

MDLZ stock opened at $61.42 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a market cap of $78.84 billion, a PE ratio of 30.56, a P/E/G ratio of 2.30 and a beta of 0.39. The business has a 50 day moving average of $60.98 and a 200-day moving average of $59.00. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15.

Mondelez International (NASDAQ:MDLZGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping 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 analyst estimates of $9.75 billion. During the same period last year, the company posted $0.76 earnings per share. Mondelez International’s quarterly 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, sell-side analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

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

About Mondelez International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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