Northcape Wealth Management LLC Sells 20,571 Shares of Mondelez International, Inc. $MDLZ

Northcape Wealth Management LLC lowered its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 75.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,638 shares of the company’s stock after selling 20,571 shares during the quarter. Northcape Wealth Management LLC’s holdings in Mondelez International were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in shares of Mondelez International in the 4th quarter valued at $514,000. Evermay Wealth Management LLC boosted its stake in shares of Mondelez International by 4.4% in the 4th quarter. Evermay Wealth Management LLC now owns 5,270 shares of the company’s stock valued at $286,000 after purchasing an additional 220 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Mondelez International by 10.5% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 11,268 shares of the company’s stock valued at $607,000 after purchasing an additional 1,070 shares in the last quarter. Weaver Capital Management LLC boosted its stake in shares of Mondelez International by 4.0% in the 4th quarter. Weaver Capital Management LLC now owns 5,313 shares of the company’s stock valued at $286,000 after purchasing an additional 206 shares in the last quarter. Finally, West Paces Advisors Inc. boosted its stake in shares of Mondelez International by 1.1% in the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after purchasing an additional 186 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ opened at $58.83 on Thursday. The stock has a market capitalization of $75.41 billion, a P/E ratio of 31.29, a P/E/G ratio of 2.45 and a beta of 0.37. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The business has a 50-day moving average price of $58.65 and a two-hundred day moving average price of $57.99.

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

Mondelez International Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Morgan Stanley upped their price target on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. DA Davidson reiterated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a research report on Wednesday, February 4th. Finally, Mizuho reduced their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $66.11.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by company insiders.

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.