Mondelez International, Inc. (NASDAQ:MDLZ) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Mondelez International has an average recommendation of "Moderate Buy" from 20 analysts, with a price target of $72.00.
• Institutional investors own 78.32% of Mondelez's stock, with notable increases in stakes by firms such as Brighton Jones LLC and Bank Pictet & Cie Europe AG.
• The company has recently announced a quarterly dividend increase from $0.47 to $0.50 per share, yielding 3.2% annually.

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $72.00.

MDLZ has been the topic of a number of research reports. Jefferies Financial Group upgraded Mondelez International from a "hold" rating to a "buy" rating and increased their price objective for the stock from $66.00 to $78.00 in a report on Thursday, July 17th. Dbs Bank upgraded Mondelez International from a "hold" rating to a "moderate buy" rating in a report on Friday, August 1st. DA Davidson downgraded Mondelez International from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Morgan Stanley increased their price objective on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. Finally, 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.

Institutional Investors Weigh In On Mondelez International

A number of large investors have recently added to or reduced their stakes in MDLZ. Brighton Jones LLC boosted its position in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock worth $874,000 after purchasing an additional 7,025 shares during the period. Bank Pictet & Cie Europe AG boosted its position in Mondelez International by 1.1% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 334,994 shares of the company's stock worth $20,009,000 after purchasing an additional 3,706 shares during the period. XTX Topco Ltd bought a new stake in Mondelez International during the fourth quarter worth approximately $352,000. OneDigital Investment Advisors LLC boosted its position in shares of Mondelez International by 3.2% in the fourth quarter. OneDigital Investment Advisors LLC now owns 21,070 shares of the company's stock valued at $1,259,000 after acquiring an additional 654 shares during the period. Finally, MGO One Seven LLC boosted its position in shares of Mondelez International by 6.2% in the fourth quarter. MGO One Seven LLC now owns 15,695 shares of the company's stock valued at $937,000 after acquiring an additional 919 shares during the period. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Shares of MDLZ opened at $62.94 on Friday. The company has a market capitalization of $81.44 billion, a price-to-earnings ratio of 23.05, a P/E/G ratio of 4.77 and a beta of 0.46. Mondelez International has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39. The business's 50-day moving average is $66.41 and its 200-day moving average is $65.70.

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

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This is an increase from Mondelez International's previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International's dividend payout ratio (DPR) is currently 68.86%.

Mondelez International Company Profile

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.

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