Mondelez International, Inc. $MDLZ Stock Holdings Cut by Grandfield & Dodd LLC

Grandfield & Dodd LLC cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.0% during the 2nd quarter, Holdings Channel reports. The firm owned 80,201 shares of the company’s stock after selling 10,977 shares during the period. Grandfield & Dodd LLC’s holdings in Mondelez International were worth $4,639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares in the last quarter. United Bank raised its position in Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after acquiring an additional 3,070 shares in the last quarter. Sei Investments Co. raised its position in Mondelez International by 15.1% in the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after acquiring an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. raised its position in Mondelez International by 4,470.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after acquiring an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in Mondelez International by 144.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after acquiring an additional 4,668 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.8%

NASDAQ:MDLZ opened at $62.66 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65. The firm has a market capitalization of $79.97 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38. The stock has a fifty day simple moving average of $61.18 and a 200 day simple moving average of $59.99.

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

Mondelez International Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on MDLZ. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. TD Cowen increased their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Barclays raised their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, UBS Group lifted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One 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 company. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Company 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.