Mondelez International, Inc. $MDLZ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,247,688 shares of the company’s stock after selling 87,721 shares during the period. HighTower Advisors LLC owned 0.10% of Mondelez International worth $67,163,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp acquired a new stake in Mondelez International in the third quarter valued at $27,000. High Point Wealth Management LLC acquired a new stake in Mondelez International in the fourth quarter valued at $30,000. McIlrath & Eck LLC acquired a new stake in Mondelez International in the fourth quarter valued at $30,000. Navalign LLC acquired a new stake in Mondelez International in the fourth quarter valued at $31,000. Finally, JPL Wealth Management LLC acquired a new stake in Mondelez International in the third quarter valued at $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Up 0.9%

Shares of NASDAQ MDLZ opened at $61.84 on Thursday. The company has a market cap of $79.38 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. 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 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock’s 50 day simple moving average is $58.40 and its 200 day simple moving average is $57.49.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Wall Street Analyst Weigh In

A number of research analysts have commented on MDLZ shares. Piper Sandler increased their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. BTIG Research started coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a report on Wednesday, February 4th. 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 company. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Read Our Latest Stock Analysis on MDLZ

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.

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

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