Intech Investment Management LLC Has $5.16 Million Holdings in Mondelez International, Inc. $MDLZ

Intech Investment Management LLC lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 38.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,940 shares of the company’s stock after selling 58,872 shares during the quarter. Intech Investment Management LLC’s holdings in Mondelez International were worth $5,164,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its stake in Mondelez International by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock valued at $1,570,182,000 after buying an additional 108,179 shares in the last quarter. Integrity Alliance LLC. boosted its stake in Mondelez International by 172.7% in the 4th quarter. Integrity Alliance LLC. now owns 9,260 shares of the company’s stock valued at $498,000 after buying an additional 5,864 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in Mondelez International by 3.5% in the 4th quarter. Bleakley Financial Group LLC now owns 36,201 shares of the company’s stock valued at $1,949,000 after buying an additional 1,217 shares in the last quarter. Wellington Shields & Co. LLC boosted its stake in Mondelez International by 31.2% in the 4th quarter. Wellington Shields & Co. LLC now owns 5,252 shares of the company’s stock valued at $283,000 after buying an additional 1,250 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in Mondelez International by 540.4% in the 4th quarter. Harbour Investments Inc. now owns 58,999 shares of the company’s stock valued at $3,176,000 after buying an additional 49,786 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Mondelez International stock opened at $61.17 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The firm has a market cap of $78.52 billion, a P/E ratio of 30.43, a P/E/G ratio of 2.39 and a beta of 0.38. The business’s fifty day moving average is $59.19 and its two-hundred day moving average is $57.74. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s payout ratio is currently 99.50%.

Analysts Set New Price Targets

Several analysts recently commented on MDLZ shares. Piper Sandler boosted their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research note on Friday. Barclays boosted their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and an average price target of $67.05.

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.