233,670 Shares in Mondelez International, Inc. $MDLZ Acquired by Dearborn Partners LLC

Dearborn Partners LLC bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 233,670 shares of the company’s stock, valued at approximately $13,469,000.

Other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC lifted its position in Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after acquiring an additional 169 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Mondelez International by 3.5% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock worth $292,000 after purchasing an additional 173 shares in the last quarter. Granite Investment Partners LLC increased its holdings in Mondelez International by 0.6% during the 1st 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 in the last quarter. Pine Valley Investments Ltd Liability Co raised its stake in shares of 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 valued at $515,000 after purchasing an additional 179 shares during the period. Finally, Commonwealth Retirement Investments LLC raised its stake in shares of Mondelez International by 0.9% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after purchasing an additional 180 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their target price on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. BNP Paribas Exane boosted their target price on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note 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. Finally, TD Cowen raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Insider Buying and Selling at Mondelez International

In other news, CEO De Put Dirk Van sold 133,580 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer owned 1,326,488 shares in the company, valued at $85,001,351.04. This represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by company insiders.

Mondelez International Trading Up 0.4%

Mondelez International stock opened at $64.70 on Tuesday. The company has a market cap of $82.58 billion, a price-to-earnings ratio of 23.79, a P/E/G ratio of 2.62 and a beta of 0.38. The firm has a 50-day moving average of $61.28 and a 200-day moving average of $60.16. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65.

Mondelez International (NASDAQ:MDLZ) last released its earnings results 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. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. Mondelez International’s quarterly revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is presently 73.53%.

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.