Mondelez International, Inc. $MDLZ Shares Purchased by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 17.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 345,672 shares of the company’s stock after purchasing an additional 51,339 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Mondelez International were worth $19,925,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MDLZ. Heartland Bank & Trust Co purchased a new position in shares of Mondelez International in the 1st quarter valued at $505,000. Zhang Financial LLC boosted its position in Mondelez International by 2.6% during the 1st quarter. Zhang Financial LLC now owns 16,181 shares of the company’s stock worth $933,000 after purchasing an additional 415 shares during the period. Atlas Wealth LLC acquired a new stake in Mondelez International in the 1st quarter valued at $1,195,000. Assetmark Inc. increased its holdings in Mondelez International by 22.1% in the 1st quarter. Assetmark Inc. now owns 184,677 shares of the company’s stock valued at $10,645,000 after purchasing an additional 33,372 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. raised its position in Mondelez International by 70.6% in the first quarter. Financiere des Professionnels Fonds d investissement inc. now owns 2,900 shares of the company’s stock valued at $167,000 after purchasing an additional 1,200 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $61.00 on Friday. 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 company’s fifty day moving average price is $60.97 and its two-hundred day moving average price is $59.02. The firm has a market capitalization of $78.30 billion, a P/E ratio of 30.35, a P/E/G ratio of 2.41 and a beta of 0.39. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The company’s revenue for the quarter 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. On average, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s payout ratio is currently 99.50%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. 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 report on Friday, April 10th. UBS Group boosted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.44.

Check Out Our Latest Stock Report on Mondelez International

Mondelez International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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