Whittier Trust Co. Acquires 29,780 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Whittier Trust increased its Mondelez International holdings by 22.6% in the second quarter, purchasing 29,780 additional shares for a total position of 161,538 shares valued at approximately $9.56 million. Institutional investors collectively own 78.32% of MDLZ.
• Mondelez reported quarterly adjusted earnings of $0.73 per share, beating estimates by $0.05, while revenue rose 4.1% year over year to $9.36 billion. The company provided fiscal 2026 EPS guidance of $2.97–$3.12.
• The company maintains a quarterly dividend of $0.50 per share, equivalent to a 3.1% annualized yield. Analysts hold a consensus “Moderate Buy” rating with an average price target of $67.30.

Whittier Trust Co. raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 22.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,538 shares of the company's stock after purchasing an additional 29,780 shares during the period. Whittier Trust Co.'s holdings in Mondelez International were worth $9,558,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. J.Safra Asset Management Corp purchased a new stake in shares of Mondelez International during the 4th quarter valued at approximately $25,000. Advocate Investing Services LLC purchased a new position in Mondelez International in the 4th quarter valued at approximately $25,000. Kemnay Advisory Services Inc. purchased a new position in Mondelez International in the 4th quarter valued at approximately $28,000. High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter valued at $30,000. Finally, McIlrath & Eck LLC bought a new stake in Mondelez International during the 4th quarter valued at $30,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

MDLZ stock opened at $63.53 on Friday. The firm has a 50 day simple moving average of $61.14 and a two-hundred day simple moving average of $59.90. The stock has a market cap of $81.08 billion, a PE ratio of 23.36, a P/E/G ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40.

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

Mondelez International Announces Dividend

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

Analyst Ratings Changes

MDLZ has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on Mondelez International from $70.00 to $72.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Jefferies Financial Group reiterated a "buy" rating and set a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. TD Cowen increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Finally, BNP Paribas Exane raised their target price on Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. One equities 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 stock. According to MarketBeat.com, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.30.

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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