Manning & Napier Advisors LLC Sells 11,391 Shares of Mondelez International, Inc. $MDLZ

Manning & Napier Advisors LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,608 shares of the company’s stock after selling 11,391 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Mondelez International were worth $6,391,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Leo Wealth LLC boosted its position in shares of Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares in the last quarter. Columbia Asset Management raised its position in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after purchasing an additional 180 shares in the last quarter. West Paces Advisors Inc. raised its position in Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after purchasing an additional 186 shares in the last quarter. Acorn Wealth Advisors LLC lifted its stake in Mondelez International by 4.8% during the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after purchasing an additional 189 shares during the period. Finally, Nicolet Advisory Services LLC boosted its holdings in Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after purchasing an additional 197 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MDLZ shares. Deutsche Bank Aktiengesellschaft dropped their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Morgan Stanley boosted their price target on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Stifel Nicolaus lowered their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Finally, Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. 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. Based on data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $61.52 on Friday. 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 $58.04 and a 200-day moving average of $57.44. 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 firm has a market cap of $78.86 billion, a price-to-earnings ratio of 30.61, a PEG ratio of 2.41 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 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%.Mondelez International’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s payout ratio is currently 99.50%.

Insider Buying and Selling

In other 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 transaction of $186,000.00. Following the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 3,064 shares of company stock valued at $189,934 over the last quarter. 0.45% of the stock is currently 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.