Mondelez International’s (MDLZ) “Neutral” Rating Reiterated at DA Davidson

DA Davidson reaffirmed their neutral rating on shares of Mondelez International (NASDAQ:MDLZ) in a report published on Wednesday morning, MarketBeat.com reports. They currently have a $62.00 target price on the stock.

Several other research analysts have also weighed in on the company. Bank of America lowered their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Zacks Research lowered shares of Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Stifel Nicolaus decreased their target price on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Piper Sandler lifted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Mondelez International Trading Down 0.5%

Shares of MDLZ stock opened at $60.02 on Wednesday. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.37 and a current ratio of 0.59. The stock’s fifty day moving average is $55.84 and its two-hundred day moving average is $59.47. The firm has a market capitalization of $77.45 billion, a P/E ratio of 31.93, a PEG ratio of 2.52 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts expect that Mondelez International will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s payout ratio is 106.38%.

Institutional Trading of Mondelez International

Institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new position in Mondelez International in the second quarter valued at $1,239,834,000. JPMorgan Chase & Co. boosted its position in shares of Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the period. Capital International Investors grew its stake in Mondelez International by 9.7% during the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares during the last quarter. First Trust Advisors LP increased its position in Mondelez International by 197.9% during the second quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock worth $274,221,000 after buying an additional 2,701,229 shares during the period. Finally, Van ECK Associates Corp lifted its stake in Mondelez International by 103.2% in the third quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after buying an additional 2,637,287 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

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.