Savant Capital LLC Has $1.42 Million Position in Mondelez International, Inc. $MDLZ

Savant Capital LLC cut its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 35.2% during the 4th quarter, HoldingsChannel reports. The firm owned 26,382 shares of the company’s stock after selling 14,354 shares during the period. Savant Capital LLC’s holdings in Mondelez International were worth $1,420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Leo Wealth LLC grew its holdings in shares of Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after purchasing an additional 176 shares during the last quarter. Columbia Asset Management grew its holdings in shares of Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after purchasing an additional 180 shares during the last quarter. West Paces Advisors Inc. grew its holdings in shares of Mondelez International by 1.1% during the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after purchasing an additional 186 shares during the last quarter. Nicolet Advisory Services LLC grew its holdings in shares of Mondelez International by 1.1% during the 3rd quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after purchasing an additional 197 shares during the last quarter. Finally, CYBER HORNET ETFs LLC grew its holdings in shares of Mondelez International by 5.6% during the 4th quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock valued at $204,000 after purchasing an additional 200 shares during the last quarter. 78.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MDLZ has been the topic of several research reports. Stifel Nicolaus decreased their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a report on Friday. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. BTIG Research initiated coverage on shares of Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Finally, Wells Fargo & Company lifted their price target on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Get Our Latest Research Report on MDLZ

Mondelez International Stock Down 0.2%

Shares of NASDAQ MDLZ opened at $61.05 on Tuesday. The company has a market capitalization of $78.37 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 2.39 and a beta of 0.38. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The company’s 50 day moving average price is $59.28 and its 200-day moving average price is $57.77.

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

Mondelez International Dividend Announcement

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

About Mondelez International

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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