Korea Investment CORP Increases Stake in Mondelez International, Inc. $MDLZ

Korea Investment CORP increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 865,943 shares of the company’s stock after buying an additional 34,516 shares during the period. Korea Investment CORP owned 0.07% of Mondelez International worth $54,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Soundwatch Capital LLC purchased a new position in shares of Mondelez International during the 2nd quarter worth approximately $27,000. Richardson Financial Services Inc. lifted its stake in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the period. Halbert Hargrove Global Advisors LLC lifted its stake in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after purchasing an additional 196 shares during the period. Traub Capital Management LLC bought a new stake in shares of Mondelez International during the second quarter valued at approximately $37,000. Finally, GGM Financials LLC purchased a new stake in Mondelez International in the third quarter worth $41,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Up 0.4%

Shares of Mondelez International stock opened at $58.40 on Monday. The company has a 50-day simple moving average of $58.07 and a two-hundred day simple moving average of $58.77. The stock has a market capitalization of $74.86 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. 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 (NASDAQ:MDLZ) last posted 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 for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. During the same quarter in the prior year, the company posted $0.65 earnings per share. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president 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 document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America decreased their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. TD Cowen dropped their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. DA Davidson reiterated a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, Argus raised shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and an average target price of $67.06.

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.