Journey Advisory Group LLC Sells 40,906 Shares of Mondelez International, Inc. $MDLZ

Journey Advisory Group LLC lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 84.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,584 shares of the company’s stock after selling 40,906 shares during the quarter. Journey Advisory Group LLC’s holdings in Mondelez International were worth $408,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp bought a new position in shares of Mondelez International during the 3rd quarter valued at approximately $27,000. Richardson Financial Services Inc. increased its position in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Mondelez International during the 3rd quarter valued at approximately $32,000. Halbert Hargrove Global Advisors LLC increased its position in shares of Mondelez International by 60.3% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after purchasing an additional 196 shares during the last quarter. Finally, Lodestone Wealth Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at approximately $34,000. Institutional investors own 78.32% of the company’s stock.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.45% of the company’s stock.

Mondelez International Price Performance

MDLZ opened at $57.31 on Tuesday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The business’s fifty day simple moving average is $58.39 and its 200-day simple moving average is $57.65. The company has a market capitalization of $73.46 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 2.43 and a beta of 0.37.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the company earned $0.65 EPS. The business’s 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. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.03 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Mondelez International’s dividend payout ratio is presently 106.38%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MDLZ shares. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Morgan Stanley boosted their target price on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Argus raised Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. cut their price objective on Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $66.47.

Check Out Our Latest Research Report on MDLZ

Mondelez International Profile

(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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