196,863 Shares in Mondelez International, Inc. $MDLZ Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 196,863 shares of the company’s stock, valued at approximately $11,387,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. J.Safra Asset Management Corp purchased a new stake in shares of Mondelez International during the 4th quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in Mondelez International in the fourth quarter valued at approximately $28,000. High Point Wealth Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at approximately $30,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International during the fourth quarter worth $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Insider Activity

In related news, CEO De Put Dirk Van sold 133,580 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the sale, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This trade represents a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company’s stock.

Mondelez International Stock Up 0.4%

NASDAQ:MDLZ opened at $64.70 on Tuesday. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average of $61.28 and a 200-day moving average of $60.16. The firm has a market capitalization of $82.58 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 2.62 and a beta of 0.38. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter last year, the business posted $0.73 EPS. The business’s revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.2%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s dividend payout ratio is presently 73.53%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several analyst reports. Barclays upped their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 target price on shares of Mondelez International in a research report on Wednesday, July 29th. Finally, 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 note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price 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.