Crawford Investment Counsel Inc. Buys 18,152 Shares of Mondelez International, Inc. $MDLZ

Crawford Investment Counsel Inc. lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 753,431 shares of the company’s stock after purchasing an additional 18,152 shares during the period. Crawford Investment Counsel Inc.’s holdings in Mondelez International were worth $47,067,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MDLZ. Cannell & Spears LLC increased its holdings in shares of Mondelez International by 5.3% in the third quarter. Cannell & Spears LLC now owns 626,795 shares of the company’s stock valued at $39,156,000 after purchasing an additional 31,813 shares in the last quarter. Clark Capital Management Group Inc. lifted its holdings in Mondelez International by 6.9% during the 3rd quarter. Clark Capital Management Group Inc. now owns 6,811 shares of the company’s stock worth $425,000 after buying an additional 438 shares in the last quarter. Ausdal Financial Partners Inc. boosted its position in Mondelez International by 76.9% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 5,342 shares of the company’s stock valued at $334,000 after buying an additional 2,323 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Mondelez International by 19.2% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 211,588 shares of the company’s stock valued at $13,222,000 after buying an additional 34,100 shares during the last quarter. Finally, Chiron Capital Management LLC increased its stake in shares of Mondelez International by 142.1% in the 3rd quarter. Chiron Capital Management LLC now owns 12,607 shares of the company’s stock valued at $788,000 after buying an additional 7,400 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ stock opened at $54.89 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a fifty day moving average of $58.23 and a 200-day moving average of $58.56. The firm has a market capitalization of $70.36 billion, a price-to-earnings ratio of 29.20, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Stifel Nicolaus cut their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. dropped their price objective on Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Piper Sandler raised their target price on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. TD Cowen lowered their price target on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, Sanford C. Bernstein cut their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.06.

Insiders Place Their Bets

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.41% of the company’s stock.

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.