Mondelez International, Inc. $MDLZ Shares Sold by Richard Bernstein Advisors LLC

Key Points

• Richard Bernstein Advisors LLC reduced its stake in Mondelez by 51.6% in Q3 (sold 35,601 shares), while other institutions—most notably Capital International Investors—added shares; institutional ownership stands at 78.32%.
• Analysts have a consensus rating of Moderate Buy with an average target of $67.06, although several firms (TD Cowen, Bank of America, Mizuho) recently trimmed price targets into the low-to-mid $60s.
• Mondelez topped Q results (EPS $0.72 vs. $0.70; revenue $10.50B vs. $10.32B, +9.3% YoY), set FY2026 guidance of 2.920–3.070 EPS, and declared a $0.50 quarterly dividend (ex-dividend March 31) implying a 3.4% yield with a 106% payout ratio.

Richard Bernstein Advisors LLC reduced its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 51.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,331 shares of the company's stock after selling 35,601 shares during the period. Richard Bernstein Advisors LLC's holdings in Mondelez International were worth $2,082,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. LifePlan Financial LLC lifted its stake in shares of Mondelez International by 144.9% during the third quarter. LifePlan Financial LLC now owns 11,500 shares of the company's stock valued at $718,000 after buying an additional 6,805 shares during the period. Ceredex Value Advisors LLC increased its stake in Mondelez International by 25.0% in the third quarter. Ceredex Value Advisors LLC now owns 759,140 shares of the company's stock valued at $47,423,000 after purchasing an additional 151,994 shares during the last quarter. Capital International Sarl lifted its position in Mondelez International by 10.4% during the third quarter. Capital International Sarl now owns 268,332 shares of the company's stock worth $16,763,000 after buying an additional 25,292 shares during the period. Capital International Inc. CA grew its holdings in Mondelez International by 16.6% in the 3rd quarter. Capital International Inc. CA now owns 922,865 shares of the company's stock valued at $57,651,000 after buying an additional 131,144 shares during the period. Finally, Capital International Investors lifted its holdings in shares of Mondelez International by 9.7% during the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company's stock worth $4,907,892,000 after acquiring an additional 6,958,868 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on MDLZ. TD Cowen cut their price target on shares of Mondelez International from $68.00 to $62.00 and set a "buy" rating on the stock in a research note on Thursday, January 8th. Zacks Research raised Mondelez International from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 25th. Bank of America dropped their price target on Mondelez International from $69.00 to $62.00 and set a "buy" rating for the company in a research note on Friday, December 19th. DA Davidson reaffirmed a "neutral" rating and issued a $62.00 price objective on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, Mizuho dropped their target price on shares of Mondelez International from $70.00 to $67.00 and set an "outperform" rating for the company in a research report on Thursday, January 8th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $67.06.

Mondelez International Stock Down 0.4%

Shares of Mondelez International stock opened at $58.17 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. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The business has a 50-day moving average of $58.13 and a 200-day moving average of $58.74. The company has a market capitalization of $74.57 billion, a PE ratio of 30.94, a P/E/G ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 EPS 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 the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International's revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Insider Activity

In other 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 transaction, the executive vice president owned 99,596 shares of the company's stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.41% of the company's stock.

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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