Mondelez International, Inc. $MDLZ Shares Sold by Holocene Advisors LP

Holocene Advisors LP lessened its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 56.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,856,994 shares of the company’s stock after selling 3,680,490 shares during the quarter. Holocene Advisors LP’s holdings in Mondelez International were worth $178,476,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Soundwatch Capital LLC bought a new position in Mondelez International in the second quarter worth about $27,000. Richardson Financial Services Inc. grew its holdings in shares of Mondelez International by 141.0% during 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 during the last quarter. Halbert Hargrove Global Advisors LLC raised its position in shares of Mondelez International by 60.3% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares during the period. Traub Capital Management LLC acquired a new stake in shares of Mondelez International during the 2nd quarter worth approximately $37,000. Finally, GGM Financials LLC bought a new stake in shares of Mondelez International in the 3rd quarter worth approximately $41,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MDLZ shares. Piper Sandler boosted their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. TD Cowen cut their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Argus raised shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Mizuho lowered their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Finally, Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated 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 position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by insiders.

Mondelez International Stock Up 1.0%

MDLZ opened at $54.89 on Monday. The stock’s 50 day moving average price is $58.23 and its 200 day moving average price is $58.54. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The stock has a market cap of $70.36 billion, a P/E ratio of 29.20, a P/E/G ratio of 2.29 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

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

Mondelez International Dividend Announcement

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

Mondelez International 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.