Mosaic Family Wealth Partners LLC Buys 14,707 Shares of Mondelez International, Inc. $MDLZ

Mosaic Family Wealth Partners LLC grew its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 405.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,336 shares of the company’s stock after buying an additional 14,707 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Mondelez International were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MDLZ. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International in the fourth quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter valued at approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in Mondelez International during the 4th quarter valued at approximately $28,000. High Point Wealth Management LLC bought a new position in Mondelez International during the 4th quarter worth approximately $30,000. Finally, McIlrath & Eck LLC bought a new position in Mondelez International during the 4th quarter worth approximately $30,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $62.18 on Tuesday. The business has a 50-day simple moving average of $61.18 and a 200 day simple moving average of $59.96. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The firm has a market capitalization of $79.36 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.59 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.52 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 30th. Mondelez International’s dividend payout ratio is currently 73.53%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MDLZ shares. JPMorgan Chase & Co. boosted their price target on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Barclays boosted their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.