Wealth Alliance LLC Has $1.83 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Wealth Alliance LLC lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 50.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 31,712 shares of the company’s stock after purchasing an additional 10,579 shares during the quarter. Wealth Alliance LLC’s holdings in Mondelez International were worth $1,828,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Mondelez International by 34.0% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 597,691 shares of the company’s stock worth $34,451,000 after buying an additional 151,522 shares in the last quarter. Dai ichi Life Insurance Company Ltd lifted its stake in shares of Mondelez International by 3.4% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 119,727 shares of the company’s stock valued at $6,901,000 after acquiring an additional 3,945 shares during the period. Bollard Group LLC boosted its holdings in Mondelez International by 0.9% in the first quarter. Bollard Group LLC now owns 26,159 shares of the company’s stock valued at $1,508,000 after acquiring an additional 234 shares during the last quarter. Morningstar Investment Management LLC boosted its holdings in Mondelez International by 8.9% in the first quarter. Morningstar Investment Management LLC now owns 126,467 shares of the company’s stock valued at $7,290,000 after acquiring an additional 10,310 shares during the last quarter. Finally, GC Wealth Management RIA LLC increased its position in Mondelez International by 2.4% in the first quarter. GC Wealth Management RIA LLC now owns 30,471 shares of the company’s stock worth $1,756,000 after purchasing an additional 715 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ opened at $60.52 on Friday. The firm’s 50 day simple moving average is $60.88 and its 200 day simple moving average is $59.23. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $70.61. The company has a market capitalization of $77.69 billion, a price-to-earnings ratio of 30.11, a P/E/G ratio of 2.49 and a beta of 0.39. 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 issued its quarterly earnings data 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 net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the company earned $0.76 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.04 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MDLZ shares. TD Cowen raised their target price on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Monday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. UBS Group increased their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Bank of America raised their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $66.44.

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.