Storen Legacy Partners LLC Invests $619,000 in Mondelez International, Inc. $MDLZ

Storen Legacy Partners LLC acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,500 shares of the company’s stock, valued at approximately $619,000.

Other large investors have also modified their holdings of the company. J.Safra Asset Management Corp acquired a new position in Mondelez International during the 4th quarter valued at about $25,000. Advocate Investing Services LLC bought a new position in Mondelez International in the 4th quarter worth about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International in the 3rd quarter worth about $27,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $28,000. Finally, High Point Wealth Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MDLZ shares. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Rothschild & Co Redburn restated 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. TD Cowen lifted their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. One equities 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. Based on data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Performance

Shares of MDLZ opened at $60.10 on Friday. The firm’s 50 day moving average is $60.46 and its 200-day moving average is $58.27. The stock has a market capitalization of $77.15 billion, a P/E ratio of 29.90, a P/E/G ratio of 2.35 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released 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 business 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 business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

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.