Canada Post Corp Registered Pension Plan Acquires 12,197 Shares of Mondelez International, Inc. $MDLZ

Canada Post Corp Registered Pension Plan increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 38.2% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 44,133 shares of the company’s stock after buying an additional 12,197 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Mondelez International were worth $2,764,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Twin Capital Management Inc. grew its stake in shares of Mondelez International by 38.0% in the third quarter. Twin Capital Management Inc. now owns 8,197 shares of the company’s stock worth $512,000 after acquiring an additional 2,257 shares during the period. Carlson Capital L.P. purchased a new stake in Mondelez International in the third quarter worth approximately $700,000. Axim Planning & Wealth grew its position in Mondelez International by 4.8% in the 3rd quarter. Axim Planning & Wealth now owns 4,724 shares of the company’s stock worth $295,000 after purchasing an additional 217 shares during the period. Wellington Shields Capital Management LLC raised its stake in Mondelez International by 23.0% during the 3rd quarter. Wellington Shields Capital Management LLC now owns 8,552 shares of the company’s stock valued at $534,000 after buying an additional 1,600 shares during the last quarter. Finally, Ironwood Investment Counsel LLC lifted its holdings in shares of Mondelez International by 1.4% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 31,526 shares of the company’s stock valued at $1,969,000 after buying an additional 432 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Key Stories Impacting Mondelez International

Here are the key news stories impacting Mondelez International this week:

Mondelez International Trading Down 0.5%

Mondelez International stock opened at $60.02 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a market capitalization of $77.45 billion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 2.51 and a beta of 0.38. The firm has a 50 day moving average of $55.84 and a 200 day moving average of $59.39. The company has a current ratio of 0.59, a quick ratio of 0.37 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The business had revenue of $10.50 billion during the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period 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, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were paid a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is 106.38%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research note on Thursday, October 30th. Royal Bank Of Canada lowered their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Finally, DA Davidson restated a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.44.

View Our Latest Research Report on Mondelez International

Mondelez International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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