Mondelez International, Inc. (NASDAQ:MDLZ) Stock Has Consensus Target Price of $67.05 According to Analysts

Key Points

• Analysts rate Mondelez International “Moderate Buy,” with 13 buy, 10 hold and one strong-buy recommendation among 24 analysts. The average 12-month price target is $67.05, with several firms recently raising targets to $70–$72.
• Mondelez reported quarterly EPS of $0.73, beating the $0.68 consensus, while revenue rose 4.1% year over year to $9.36 billion. The company raised its quarterly dividend from $0.50 to $0.52, implying an annualized yield of about 3.5%.
• CEO Dirk Van de Put sold 133,580 shares for approximately $8.56 million under a pre-arranged Rule 10b5-1 plan. Institutional investors own 78.32% of the company, including significant positions held by Norges Bank and Capital International Investors.

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty-four analysts that are covering the stock, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $67.05.

Several research firms recently commented on MDLZ. Weiss Ratings upgraded shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 3rd. TD Cowen boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Barclays upped their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an "overweight" rating in a research report on Thursday, July 30th. Morgan Stanley reiterated an "overweight" rating on shares of Mondelez International in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. boosted their price target on Mondelez International from $70.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th.

Insider Buying and Selling

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of Mondelez International stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer owned 1,326,488 shares in the company, valued at $85,001,351.04. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Mondelez International

Several hedge funds and other institutional investors have recently modified their holdings of MDLZ. Norges Bank bought a new stake in Mondelez International during the fourth quarter worth about $1,010,020,000. Capital International Investors boosted its holdings in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company's stock worth $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company's stock worth $489,299,000 after acquiring an additional 3,803,776 shares during the last quarter. Deutsche Bank AG grew its position in Mondelez International by 12.5% during the 4th quarter. Deutsche Bank AG now owns 14,353,633 shares of the company's stock worth $772,656,000 after acquiring an additional 1,589,713 shares during the last quarter. Finally, Great Lakes Advisors LLC acquired a new stake in Mondelez International during the 2nd quarter valued at $74,341,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

NASDAQ MDLZ opened at $60.25 on Friday. The stock has a 50-day simple moving average of $62.10 and a 200 day simple moving average of $60.43. Mondelez International has a twelve month low of $51.20 and a twelve month high of $66.65. The stock has a market capitalization of $76.90 billion, a PE ratio of 22.15, a P/E/G ratio of 2.38 and a beta of 0.39. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same quarter last year, the firm posted $0.73 EPS. The company's revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Research analysts anticipate that Mondelez International will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, September 30th. This is a positive change from Mondelez International's previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.5%. Mondelez International's dividend payout ratio is currently 73.53%.

About Mondelez International

Mondelez International, Inc is a global snack-food company headquartered in Chicago, Illinois. The company develops, manufactures, markets and distributes branded snacks, including biscuits, cookies, crackers, chocolate, candy, baked snacks and powdered beverages.

Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, Cadbury, Milka, Toblerone, Sour Patch Kids, Trident and Clif Bar. Mondelez sells its products through grocery stores, convenience stores, mass merchandisers, e-commerce platforms and other retail channels.

Mondelez was established in 2012 following the separation of Kraft Foods' global snacks business from its North American grocery operations.

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