Boothbay Fund Management LLC Buys 44,756 Shares of Mondelez International, Inc. $MDLZ

Boothbay Fund Management LLC boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 24.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 225,588 shares of the company’s stock after acquiring an additional 44,756 shares during the period. Boothbay Fund Management LLC’s holdings in Mondelez International were worth $14,092,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Soundwatch Capital LLC bought a new stake in shares of Mondelez International during the 2nd quarter valued at $27,000. Richardson Financial Services Inc. boosted 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 worth $30,000 after buying an additional 282 shares during the period. Halbert Hargrove Global Advisors LLC increased its stake in Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after buying an additional 196 shares in the last quarter. Traub Capital Management LLC purchased a new stake in Mondelez International in the 2nd quarter worth $37,000. Finally, GGM Financials LLC bought a new stake in Mondelez International during the third quarter valued at about $41,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insider Activity

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by insiders.

Mondelez International Trading Up 1.0%

Shares of MDLZ opened at $54.89 on Friday. The firm has a market capitalization of $70.36 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 2.29 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a 50-day moving average of $58.23 and a 200 day moving average of $58.56.

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. 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 during the quarter, compared to analysts’ expectations of $10.32 billion. During the same period in the prior year, the business earned $0.65 EPS. The business’s revenue for the quarter 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, research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. Mondelez International’s payout ratio is presently 106.38%.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of research analyst reports. TD Cowen lowered their price target on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Stifel Nicolaus reduced their price objective 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, February 4th. UBS Group lowered their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Argus upgraded shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $67.06.

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.