Mondelez International, Inc. $MDLZ Shares Sold by Rathbones Group PLC

Rathbones Group PLC decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,745,502 shares of the company’s stock after selling 22,666 shares during the quarter. Rathbones Group PLC owned 0.14% of Mondelez International worth $109,042,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Soundwatch Capital LLC acquired a new stake in Mondelez International during the 2nd quarter valued at $27,000. Richardson Financial Services Inc. increased its stake in Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after buying an additional 282 shares during the period. Halbert Hargrove Global Advisors LLC lifted its holdings in Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after buying an additional 196 shares in the last quarter. Traub Capital Management LLC purchased a new position in Mondelez International in the 2nd quarter valued at about $37,000. Finally, GGM Financials LLC purchased a new position in Mondelez International in the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is currently owned by insiders.

Mondelez International Trading Up 0.4%

Shares of NASDAQ MDLZ opened at $58.40 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. The stock’s 50 day moving average price is $58.07 and its two-hundred day moving average price is $58.80. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The stock has a market capitalization of $74.86 billion, a P/E ratio of 31.06, a PEG ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 EPS 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 company had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. During the same quarter last year, the firm earned $0.65 EPS. The business’s 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. On average, analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s payout ratio is currently 106.38%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MDLZ shares. Mizuho dropped their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. UBS Group reduced their price target on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Morgan Stanley lowered their price objective on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Finally, Bank of America cut their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.06.

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.