Mondelez International, Inc. $MDLZ Holdings Decreased by Fayez Sarofim & Co

Fayez Sarofim & Co reduced its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,585,045 shares of the company’s stock after selling 173,874 shares during the period. Fayez Sarofim & Co owned about 0.28% of Mondelez International worth $223,958,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MDLZ. Norges Bank acquired a new stake in shares of Mondelez International during the second quarter worth $1,239,834,000. JPMorgan Chase & Co. boosted its holdings 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 buying an additional 10,137,457 shares during the period. Capital International Investors boosted its holdings in shares of Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after buying an additional 6,958,868 shares during the period. First Trust Advisors LP grew its position in shares of Mondelez International by 197.9% during the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after buying an additional 2,701,229 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in shares of Mondelez International by 103.2% during the 3rd 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. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MDLZ shares. Piper Sandler raised their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. 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. Wells Fargo & Company increased their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Stifel Nicolaus cut their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Bank of America reduced 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. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Price Performance

NASDAQ MDLZ opened at $54.89 on Monday. The company has a 50-day moving average price of $58.23 and a two-hundred day moving average price of $58.54. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The stock has a market cap of $70.36 billion, a price-to-earnings ratio of 29.20, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company 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 quarter in the previous year, the company posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s 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 completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by insiders.

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.