Compound Planning Inc. Acquires 3,950 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Compound Planning Inc. increased its holdings in Mondelez International, boosting its investment by 68.4% to a total of 9,724 shares worth $660,000.
• Mondelez International is slated to pay a quarterly dividend of $0.50 on October 14th, which represents an increase from the previous dividend of $0.47, giving it an annual yield of 3.2%.
• The company reported a quarterly revenue of $8.98 billion, exceeding analysts' expectations, with a 7.7% year-over-year increase, while also posting an EPS of $0.73, above the consensus estimate of $0.68.

Compound Planning Inc. raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 68.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,724 shares of the company's stock after acquiring an additional 3,950 shares during the period. Compound Planning Inc.'s holdings in Mondelez International were worth $660,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hemington Wealth Management grew its stake in Mondelez International by 11.4% during the 1st quarter. Hemington Wealth Management now owns 1,519 shares of the company's stock valued at $103,000 after acquiring an additional 156 shares in the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Mondelez International by 1.0% during the first quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock worth $1,083,000 after purchasing an additional 160 shares during the period. Sound Income Strategies LLC grew its position in Mondelez International by 11.1% during the first quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock valued at $115,000 after purchasing an additional 168 shares in the last quarter. Sage Private Wealth Group LLC increased its stake in Mondelez International by 3.7% in the 1st quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company's stock valued at $334,000 after buying an additional 175 shares during the period. Finally, Verus Financial Partners Inc. lifted its position in Mondelez International by 3.7% in the 1st quarter. Verus Financial Partners Inc. now owns 5,067 shares of the company's stock worth $340,000 after buying an additional 179 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

MDLZ traded up $0.20 during trading on Friday, hitting $61.48. The stock had a trading volume of 3,047,072 shares, compared to its average volume of 8,858,806. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a 50 day simple moving average of $65.95 and a 200-day simple moving average of $65.86. The firm has a market cap of $79.55 billion, a PE ratio of 22.52, a P/E/G ratio of 4.67 and a beta of 0.46.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%.The company had revenue of $8.98 billion for the quarter, compared to the consensus estimate of $8.82 billion. During the same period last year, the business posted $0.86 earnings per share. The firm's revenue was up 7.7% compared to the same quarter last year. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. Analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be issued a $0.50 dividend. This is a boost from Mondelez International's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International's payout ratio is currently 73.26%.

Wall Street Analyst Weigh In

MDLZ has been the topic of several research reports. Barclays upped their target price on Mondelez International from $74.00 to $77.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Piper Sandler raised their price objective on shares of Mondelez International from $66.00 to $67.00 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Sanford C. Bernstein lifted their target price on shares of Mondelez International from $79.00 to $88.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Wells Fargo & Company upgraded shares of Mondelez International from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $68.00 to $78.00 in a research note on Friday, June 20th. Finally, UBS Group cut their price target on shares of Mondelez International from $72.00 to $69.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $72.00.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.