Vaughan David Investments LLC IL increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 582,949 shares of the company’s stock after acquiring an additional 9,836 shares during the period. Vaughan David Investments LLC IL’s holdings in Mondelez International were worth $31,380,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp purchased a new position in Mondelez International in the 4th quarter worth about $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International in the 3rd quarter worth about $27,000. High Point Wealth Management LLC purchased a new position in Mondelez International in the 4th quarter worth about $30,000. McIlrath & Eck LLC purchased a new position in Mondelez International in the 4th quarter worth about $30,000. Finally, Navalign LLC purchased a new position in Mondelez International in the 4th quarter worth about $31,000. 78.32% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. JPMorgan Chase & Co. lifted their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.
Mondelez International Trading Down 1.3%
Shares of NASDAQ MDLZ opened at $63.36 on Friday. The stock has a market cap of $81.33 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.51 and a beta of 0.38. The business has a 50 day simple moving average of $60.04 and a 200 day simple moving average of $58.10. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.
Mondelez International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is presently 99.50%.
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.
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