Family Capital Trust Co Increases Stake in Mondelez International, Inc. $MDLZ

Family Capital Trust Co boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 99,533.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 106,608 shares of the company's stock after purchasing an additional 106,501 shares during the period. Mondelez International makes up about 2.3% of Family Capital Trust Co's portfolio, making the stock its 14th biggest position. Family Capital Trust Co's holdings in Mondelez International were worth $6,166,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings 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 during 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% in the 2nd 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 during the period. Osterweis Capital Management Inc. increased its position in shares of Mondelez International by 4,470.0% in the 2nd 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 during the period. Finally, Main Street Financial Solutions LLC raised its stake in Mondelez International by 144.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company's stock worth $532,000 after acquiring an additional 4,668 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on MDLZ. Weiss Ratings raised Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. UBS Group raised their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 29th. TD Cowen lifted their target price on Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their target price on Mondelez International from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Finally, Freedom Capital downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat, Mondelez International has an average rating of "Moderate Buy" and an average price target of $67.30.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $63.61 on Friday. The firm's fifty day moving average is $61.17 and its two-hundred day moving average is $59.92. The firm has a market cap of $81.19 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.58 and a beta of 0.38. 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, Inc. has a one year low of $51.20 and a one year high of $66.65.

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

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, June 30th. Mondelez International's dividend payout ratio (DPR) is currently 73.53%.

About Mondelez International

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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