Foundations Investment Advisors LLC Sells 38,599 Shares of Mondelez International, Inc. $MDLZ

Foundations Investment Advisors LLC cut its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 61.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,702 shares of the company’s stock after selling 38,599 shares during the period. Foundations Investment Advisors LLC’s holdings in Mondelez International were worth $1,330,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International in the third quarter worth $27,000. JPL Wealth Management LLC bought a new stake in Mondelez International in the third quarter worth $32,000. McIlrath & Eck LLC bought a new stake in Mondelez International in the fourth quarter worth $30,000. High Point Wealth Management LLC bought a new stake in Mondelez International in the fourth quarter worth $30,000. Finally, Navalign LLC bought a new stake in Mondelez International in the fourth quarter worth $31,000. 78.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MDLZ shares. Piper Sandler upped their price objective 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. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. TD Cowen increased their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, UBS Group increased their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Performance

Mondelez International stock opened at $61.17 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. The firm has a 50-day moving average of $59.19 and a 200-day moving average of $57.73. The firm has a market cap of $78.52 billion, a P/E ratio of 30.43, a P/E/G ratio of 2.39 and a beta of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

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

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

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.