Mondelez International, Inc. $MDLZ Shares Sold by Prospector Partners LLC

Prospector Partners LLC lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,406 shares of the company’s stock after selling 8,727 shares during the quarter. Prospector Partners LLC’s holdings in Mondelez International were worth $7,459,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Soundwatch Capital LLC purchased a new stake in Mondelez International in the second quarter valued at $27,000. Rossby Financial LCC increased its position in shares of Mondelez International by 966.7% during the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after purchasing an additional 406 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares during the period. Aspect Partners LLC lifted its position in Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after buying an additional 305 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in Mondelez International by 60.3% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after buying an additional 196 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

MDLZ stock opened at $60.08 on Thursday. The business’s 50-day moving average is $56.80 and its two-hundred day moving average is $59.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The firm has a market capitalization of $77.01 billion, a P/E ratio of 31.96, a P/E/G ratio of 2.50 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the prior year, the firm earned $0.65 earnings per share. The business’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. Analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s payout ratio is presently 106.38%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MDLZ. Wells Fargo & Company boosted their price target on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Bank of America lowered their price target 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. Barclays cut their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, UBS Group lowered their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Insider Activity at Mondelez International

In related 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 value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Mondelez International 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.