Bleakley Financial Group LLC Grows Holdings in Mondelez International, Inc. $MDLZ

Bleakley Financial Group LLC increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 28.5% in the first quarter, Holdings Channel.com reports. The firm owned 46,533 shares of the company’s stock after purchasing an additional 10,332 shares during the period. Bleakley Financial Group LLC’s holdings in Mondelez International were worth $2,682,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. J.Safra Asset Management Corp acquired a new stake in Mondelez International in the 4th quarter worth about $25,000. Advocate Investing Services LLC purchased a new stake in Mondelez International during the fourth quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International during the third quarter worth about $27,000. Kemnay Advisory Services Inc. acquired a new position in Mondelez International during the 4th quarter worth approximately $28,000. Finally, High Point Wealth Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at approximately $30,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays boosted their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen boosted their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Bank of America increased their target price on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, JPMorgan Chase & Co. boosted their price target on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Price Performance

Shares of MDLZ opened at $58.72 on Thursday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month 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. The stock has a fifty day moving average price of $60.98 and a 200 day moving average price of $58.95. The company has a market cap of $75.38 billion, a P/E ratio of 29.21, a PEG ratio of 2.31 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly 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. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, research analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio (DPR) 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.