Commerzbank Aktiengesellschaft FI Sells 434,378 Shares of Mondelez International, Inc. $MDLZ

Commerzbank Aktiengesellschaft FI trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 77.0% during the second quarter, HoldingsChannel reports. The firm owned 129,672 shares of the company’s stock after selling 434,378 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Mondelez International were worth $7,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Whipplewood Advisors LLC grew its stake in shares of Mondelez International by 35.5% during the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after acquiring an additional 169 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in Mondelez International by 3.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock valued at $292,000 after acquiring an additional 173 shares in the last quarter. Granite Investment Partners LLC increased its holdings in shares of Mondelez International by 0.6% in the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after purchasing an additional 177 shares during the period. Pine Valley Investments Ltd Liability Co increased its stake in Mondelez International by 2.1% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock worth $515,000 after acquiring an additional 179 shares during the last quarter. Finally, Columbia Asset Management increased 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 worth $746,000 after purchasing an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.66 on Wednesday. The firm has a market cap of $79.97 billion, a P/E ratio of 23.04, a PEG ratio of 2.59 and a beta of 0.38. 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 twelve month low of $51.20 and a twelve month high of $66.65. The company has a 50 day moving average of $61.18 and a 200 day moving average of $59.99.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. The company 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% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MDLZ. Jefferies Financial Group restated a “buy” rating and set a $73.00 price target 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 report on Monday, August 3rd. Barclays lifted their price objective on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. UBS Group boosted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.