RWA Wealth Partners LLC Grows Position in Mondelez International, Inc. $MDLZ

RWA Wealth Partners LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 142.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 33,115 shares of the company’s stock after purchasing an additional 19,480 shares during the period. RWA Wealth Partners LLC’s holdings in Mondelez International were worth $2,069,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of MDLZ. Brighton Jones LLC raised its position in Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the last quarter. United Bank increased its stake in Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the period. Bessemer Group Inc. increased its stake in Mondelez International by 7.7% in the second quarter. Bessemer Group Inc. now owns 63,822 shares of the company’s stock valued at $4,306,000 after purchasing an additional 4,564 shares during the period. Rossby Financial LCC raised its holdings in shares of Mondelez International by 966.7% in the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after buying an additional 406 shares during the last quarter. Finally, Daymark Wealth Partners LLC boosted its stake in shares of Mondelez International by 10.4% during the second quarter. Daymark Wealth Partners LLC now owns 16,086 shares of the company’s stock worth $1,085,000 after buying an additional 1,516 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MDLZ. Morgan Stanley dropped their price target on Mondelez International from $68.00 to $64.00 and set an “overweight” rating on the stock in a research report on Thursday, December 11th. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Wells Fargo & Company upped their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Finally, UBS Group dropped their price objective on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.06.

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.41% of the company’s stock.

Mondelez International Stock Down 0.3%

Mondelez International stock opened at $59.94 on Friday. The stock’s 50 day moving average price is $57.48 and its 200 day moving average price is $58.93. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a market cap of $76.83 billion, a PE ratio of 31.88, a price-to-earnings-growth ratio of 2.51 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the previous year, the firm earned $0.65 EPS. The business’s revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, sell-side analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Mondelez International 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.