Pacer Advisors Inc. Sells 90,950 Shares of Mondelez International, Inc. $MDLZ

Pacer Advisors Inc. trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 39.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 137,968 shares of the company’s stock after selling 90,950 shares during the quarter. Pacer Advisors Inc.’s holdings in Mondelez International were worth $7,952,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MDLZ. Brighton Jones LLC lifted its stake in shares of Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares in the last quarter. United Bank grew its holdings in shares of Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares during the last quarter. Sei Investments Co. increased its position in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after acquiring an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. increased its position in shares of Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after acquiring an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its position in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after acquiring an additional 4,668 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

MDLZ stock opened at $62.60 on Thursday. The company has a market cap of $80.36 billion, a P/E ratio of 23.01, a price-to-earnings-growth ratio of 2.52 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The stock’s fifty day moving average price is $61.01 and its 200-day moving average price is $59.70.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The company had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.Mondelez International’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently declared 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s payout ratio is currently 73.53%.

Analysts Set New Price Targets

Several research firms recently issued reports on MDLZ. Bank of America upped their price objective on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Barclays lifted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. BNP Paribas Exane boosted their price target on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Finally, TD Cowen upped their price target on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

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.