Teacher Retirement System of Texas Sells 45,565 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Teacher Retirement System of Texas trimmed its stake in Mondelez by 15.7%, selling 45,565 shares and leaving 243,908 shares valued at about $13.13 million at the end of the quarter.
• Mondelez beat Q4 estimates with $0.72 EPS versus $0.70 expected and $10.50B revenue (up 9.3% year-over-year), and set FY2026 guidance of $2.92–$3.07 per share (analysts expect ~3.03).
• The company pays a quarterly dividend of $0.50 (annualized $2.00) for a ~3.5% yield, though its reported payout ratio is high at about 106%.

Teacher Retirement System of Texas cut its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 15.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 243,908 shares of the company's stock after selling 45,565 shares during the quarter. Teacher Retirement System of Texas' holdings in Mondelez International were worth $13,130,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Mondelez International in the third quarter valued at $27,000. Richardson Financial Services Inc. raised its stake 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 valued at $30,000 after buying an additional 282 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Mondelez International in the third quarter valued at $32,000. Halbert Hargrove Global Advisors LLC raised its stake 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 valued at $33,000 after buying an additional 196 shares during the period. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at $34,000. 78.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business's stock in a transaction dated 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 transaction, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is currently owned by insiders.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $57.61 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The firm has a market cap of $73.85 billion, a price-to-earnings ratio of 30.64, a PEG ratio of 2.45 and a beta of 0.37. The business's fifty day moving average is $58.01 and its 200 day moving average is $57.57.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the previous year, the company posted $0.65 EPS. The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts predict that Mondelez International, Inc. will post 3.03 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date was Tuesday, March 31st. Mondelez International's payout ratio is presently 106.38%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MDLZ shares. Piper Sandler boosted their price objective on Mondelez International from $62.00 to $64.00 and gave the company a "neutral" rating in a research note on Wednesday, February 4th. BTIG Research started coverage on Mondelez International in a research note on Tuesday, April 14th. They set a "buy" rating and a $70.00 price objective on the stock. Rothschild & Co Redburn reiterated a "neutral" rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. UBS Group decreased their price objective on Mondelez International from $63.00 to $62.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 7th. Finally, Wall Street Zen upgraded Mondelez International from a "sell" rating to a "hold" rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.47.

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.

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.