Facet Wealth Inc. Purchases New Position in Mondelez International, Inc. $MDLZ

Facet Wealth Inc. purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the second quarter, Holdings Channel.com reports. The firm purchased 8,493 shares of the company’s stock, valued at approximately $491,000.

A number of other large investors also recently modified their holdings of MDLZ. J.Safra Asset Management Corp purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC purchased a new stake in Mondelez International in the 4th quarter valued at $25,000. JPL Wealth Management LLC purchased a new stake in Mondelez International in the 3rd quarter valued at $32,000. Kemnay Advisory Services Inc. bought a new position in Mondelez International during the 4th quarter valued at $28,000. Finally, McIlrath & Eck LLC bought a new position in Mondelez International during the 4th quarter valued at $30,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the subject of several recent analyst reports. BNP Paribas Exane upped their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research report on Wednesday, July 29th. TD Cowen boosted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, UBS Group upped their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One equities 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Trading Up 2.2%

Shares of Mondelez International stock opened at $63.53 on Friday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The firm has a market cap of $81.08 billion, a PE ratio of 23.36, a P/E/G ratio of 2.53 and a beta of 0.38. The stock has a fifty day moving average price of $61.14 and a 200-day moving average price of $59.90. 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 (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The company had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.1%. Mondelez International’s dividend payout ratio is 73.53%.

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.