Ascent Group LLC Reduces Stock Position in Mondelez International, Inc. $MDLZ

Key Points

• Ascent Group LLC cut its stake in Mondelez by 44.5% in Q4, selling 20,485 shares and leaving it with 25,513 shares valued at about $1.37 million.
• EVP Gustavo Carlos Valle sold 3,000 shares at $62 on Feb. 13 (~$186,000), reducing his holding to 99,596 shares (a 2.92% decrease); company insiders now own 0.41% of the stock.
• Mondelez beat quarterly estimates (EPS $0.72 vs. $0.70; revenue $10.50B vs. $10.32B), set FY26 guidance of 2.920–3.070 EPS, has a consensus analyst price target of $66 ("Moderate Buy"), and declared a $0.50 quarterly dividend (≈3.4% yield).

Ascent Group LLC lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 44.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,513 shares of the company's stock after selling 20,485 shares during the period. Ascent Group LLC's holdings in Mondelez International were worth $1,373,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International during the 3rd quarter valued at $27,000. Richardson Financial Services Inc. boosted its position in Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company's stock valued at $30,000 after buying an additional 282 shares during the period. JPL Wealth Management LLC bought a new position in Mondelez International in the 3rd quarter worth $32,000. Halbert Hargrove Global Advisors LLC raised 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 purchasing an additional 196 shares in the last quarter. Finally, Lodestone Wealth Management LLC bought a new position in Mondelez International in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares of the company's stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.41% of the company's stock.

Analysts Set New Price Targets

MDLZ has been the subject of several research reports. Wells Fargo & Company upped their price objective on shares of Mondelez International from $65.00 to $70.00 and gave the stock an "overweight" rating in a report on Thursday, February 12th. TD Cowen decreased their price objective on shares of Mondelez International from $68.00 to $62.00 and set a "buy" rating for the company in a report on Thursday, January 8th. Bank of America decreased their price objective on shares of Mondelez International from $69.00 to $62.00 and set a "buy" rating for the company in a report on Friday, December 19th. Sanford C. Bernstein decreased their price objective on shares of Mondelez International from $75.00 to $73.00 and set an "outperform" rating for the company in a report on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of Mondelez International from a "sell" rating to a "hold" rating in a report on Saturday, February 7th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $66.00.

Mondelez International Stock Up 1.5%

Shares of Mondelez International stock opened at $58.38 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The company has a 50-day moving average of $58.65 and a 200 day moving average of $58.03. The firm has a market cap of $74.83 billion, a price-to-earnings ratio of 31.05, a PEG 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.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. Mondelez International's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International's dividend payout ratio is 106.38%.

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.

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