Mondelez International, Inc. $MDLZ Shares Sold by First American Bank

First American Bank trimmed its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 93.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,391 shares of the company’s stock after selling 65,584 shares during the period. First American Bank’s holdings in Mondelez International were worth $253,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new position in Mondelez International in the 4th quarter valued at about $1,010,020,000. Capital International Investors boosted its holdings in Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after buying an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after buying an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after buying an additional 3,803,776 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Mondelez International by 190.3% during the fourth quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after acquiring an additional 2,801,689 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.9%

Shares of Mondelez International stock opened at $61.20 on Friday. The stock has a market cap of $78.56 billion, a P/E ratio of 30.45, a P/E/G ratio of 2.42 and a beta of 0.38. The stock’s 50 day simple moving average is $60.66 and its 200-day simple moving average is $58.43. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

Analyst Ratings Changes

Several research firms have recently weighed in on MDLZ. Bank of America raised their target price on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. UBS Group increased their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $67.05.

About Mondelez International

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.