Mondelez International, Inc. $MDLZ Shares Sold by World Investment Advisors

World Investment Advisors lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 61.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 32,469 shares of the company’s stock after selling 50,681 shares during the period. World Investment Advisors’ holdings in Mondelez International were worth $1,748,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MDLZ. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Mondelez International in the third quarter valued at $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares in the last quarter. High Point Wealth Management LLC purchased a new stake in shares of Mondelez International in the fourth quarter valued at $30,000. McIlrath & Eck LLC purchased a new stake in shares of Mondelez International in the fourth quarter valued at $30,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Mondelez International in the third quarter valued at $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $60.44 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The business has a fifty day simple moving average of $58.20 and a 200 day simple moving average of $57.45. The firm has a market cap of $77.58 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 2.37 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period last year, the company earned $0.76 earnings per share. Mondelez International’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Piper Sandler increased their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. Barclays increased their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Wells Fargo & Company increased their target price on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.05.

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.