Choreo LLC Reduces Position in Mondelez International, Inc. $MDLZ

Key Points

• Choreo LLC trimmed its position in Mondelez by 21.4%, selling 20,053 shares and ending the quarter with 73,763 shares valued at about $4.04 million.
• Mondelez beat quarterly expectations, reporting $0.72 EPS vs. $0.70 expected and $10.50B revenue (+9.3% y/y), and set FY2026 guidance of $2.920–3.070 EPS (analysts expect ~2.9 EPS).
• The company declared a quarterly dividend of $0.50 (annual $2.00, yield ~3.4%) despite a high payout ratio (~106%), and the stock carries a consensus "Moderate Buy" rating with an average price target of $66.28.

Choreo LLC trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 21.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,763 shares of the company's stock after selling 20,053 shares during the quarter. Choreo LLC's holdings in Mondelez International were worth $4,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Mondelez International in the third quarter worth about $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company's stock worth $30,000 after buying an additional 282 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Mondelez International in the third quarter worth about $32,000. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Mondelez International by 60.3% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company's stock worth $33,000 after buying an additional 196 shares in the last quarter. Finally, Lodestone Wealth Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth approximately $34,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on MDLZ shares. Wall Street Zen upgraded shares of Mondelez International from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. DA Davidson restated a "neutral" rating and issued a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. TD Cowen decreased their price objective on shares of Mondelez International from $68.00 to $62.00 and set a "buy" rating on the stock in a research report on Thursday, January 8th. UBS Group decreased their price objective on shares of Mondelez International from $63.00 to $62.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 7th. Finally, Piper Sandler upped their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $66.28.

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company's stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction 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.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $59.00 on Monday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. 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 firm's 50 day simple moving average is $58.69 and its two-hundred day simple moving average is $57.88. The stock has a market capitalization of $75.63 billion, a P/E ratio of 31.38, a PEG ratio of 2.51 and a beta of 0.37.

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

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend 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 Company 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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