Mondelez International, Inc. $MDLZ Stake Reduced by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,050 shares of the company’s stock after selling 9,959 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Mondelez International were worth $7,185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Mondelez International by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock worth $7,013,179,000 after purchasing an additional 1,646,213 shares during the last quarter. Capital International Investors lifted its stake in Mondelez International by 10.7% during the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. State Street Corp boosted its holdings in Mondelez International by 1.5% during the fourth quarter. State Street Corp now owns 61,217,193 shares of the company’s stock worth $3,325,625,000 after buying an additional 908,076 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after buying an additional 3,993,811 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Mondelez International by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after buying an additional 108,179 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $61.00 on Friday. The business’s 50-day moving average is $60.97 and its 200-day moving average is $59.02. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The company has a market capitalization of $78.30 billion, a price-to-earnings ratio of 30.35, a P/E/G ratio of 2.40 and a beta of 0.39. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period last year, the company posted $0.76 earnings per share. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Bank of America upped their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. BTIG Research began coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. Finally, UBS Group increased their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.44.

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.