Cambridge Investment Research Advisors Inc. Boosts Position in Mondelez International, Inc. $MDLZ

Cambridge Investment Research Advisors Inc. grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,385 shares of the company’s stock after buying an additional 13,148 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Mondelez International were worth $9,161,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. boosted its position in shares of Mondelez International by 6.1% in the second quarter. Westside Investment Management Inc. now owns 4,018 shares of the company’s stock valued at $232,000 after acquiring an additional 231 shares during the period. Allen Capital Group LLC grew its stake in Mondelez International by 6.7% during the second quarter. Allen Capital Group LLC now owns 3,775 shares of the company’s stock valued at $218,000 after acquiring an additional 237 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in Mondelez International by 7.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 350,553 shares of the company’s stock worth $20,818,000 after acquiring an additional 24,115 shares during the period. Larry Mathis Financial Planning LLC lifted its stake in Mondelez International by 23.0% in the 2nd quarter. Larry Mathis Financial Planning LLC now owns 6,868 shares of the company’s stock worth $397,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Resonant Capital Advisors LLC lifted its stake in Mondelez International by 19.1% in the 2nd quarter. Resonant Capital Advisors LLC now owns 11,208 shares of the company’s stock worth $654,000 after purchasing an additional 1,801 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $63.53 on Friday. The company’s fifty day moving average price is $61.14 and its 200-day moving average price is $59.90. The firm has a market capitalization of $81.08 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. During the same period in the previous year, the firm posted $0.73 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal 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 dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.1%. Mondelez International’s payout ratio is 73.53%.

Wall Street Analyst Weigh In

Several research analysts have commented on MDLZ shares. UBS Group raised their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. BNP Paribas Exane lifted their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Barclays boosted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Finally, JPMorgan Chase & Co. raised their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.