Thrivent Financial for Lutherans Lowers Holdings in Mondelez International, Inc. $MDLZ

Thrivent Financial for Lutherans trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,893 shares of the company’s stock after selling 14,395 shares during the period. Thrivent Financial for Lutherans’ holdings in Mondelez International were worth $3,562,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Leo Wealth LLC lifted its position in shares of Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares in the last quarter. Columbia Asset Management lifted its position in shares of Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after acquiring an additional 180 shares in the last quarter. West Paces Advisors Inc. lifted its position in shares of Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after acquiring an additional 186 shares in the last quarter. Acorn Wealth Advisors LLC lifted its position in shares of Mondelez International by 4.8% in the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after acquiring an additional 189 shares in the last quarter. Finally, Nicolet Advisory Services LLC lifted its position in shares of Mondelez International by 1.1% in the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after acquiring an additional 197 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $61.76 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $79.28 billion, a P/E ratio of 30.73, 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. The business’s 50-day moving average is $58.63 and its 200 day moving average is $57.55.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s payout ratio is currently 99.50%.

Analyst Ratings Changes

MDLZ has been the topic of several research analyst reports. Stifel Nicolaus lowered their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Morgan Stanley boosted their price objective on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Wells Fargo & Company boosted their target price on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.05.

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.