CW Advisors LLC Acquires 45,310 Shares of Mondelez International, Inc. $MDLZ

CW Advisors LLC increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 32.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,400 shares of the company’s stock after acquiring an additional 45,310 shares during the period. CW Advisors LLC’s holdings in Mondelez International were worth $12,433,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MDLZ. Brighton Jones LLC lifted its stake in shares of Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Mondelez International by 1.1% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 334,994 shares of the company’s stock worth $20,009,000 after buying an additional 3,706 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Mondelez International in the fourth quarter worth approximately $352,000. OneDigital Investment Advisors LLC lifted its stake in shares of Mondelez International by 3.2% in the fourth quarter. OneDigital Investment Advisors LLC now owns 21,070 shares of the company’s stock worth $1,259,000 after buying an additional 654 shares in the last quarter. Finally, MGO One Seven LLC lifted its stake in shares of Mondelez International by 6.2% in the fourth quarter. MGO One Seven LLC now owns 15,695 shares of the company’s stock worth $937,000 after buying an additional 919 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MDLZ. Royal Bank Of Canada reiterated an “outperform” rating and issued a $69.00 target price on shares of Mondelez International in a research note on Monday, April 28th. Sanford C. Bernstein boosted their price objective on shares of Mondelez International from $79.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. UBS Group decreased their price objective on shares of Mondelez International from $72.00 to $69.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Jefferies Financial Group raised shares of Mondelez International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $66.00 to $78.00 in a report on Thursday, July 17th. Finally, DA Davidson cut shares of Mondelez International from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $66.00 to $68.00 in a report on Thursday, April 24th. Fourteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.00.

Mondelez International Stock Down 0.4%

Shares of MDLZ stock opened at $62.94 on Friday. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The stock has a market cap of $81.44 billion, a P/E ratio of 23.05, a P/E/G ratio of 4.77 and a beta of 0.46. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69. The company has a 50 day simple moving average of $66.41 and a two-hundred day simple moving average of $65.70.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, July 29th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The business had revenue of $8.98 billion during the quarter, compared to analysts’ expectations of $8.82 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. On average, research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.50 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, September 30th. Mondelez International’s dividend payout ratio is currently 68.86%.

Mondelez International Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.