Franklin Resources Inc. Has $284.19 Million Stake in Mondelez International, Inc. $MDLZ

Franklin Resources Inc. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,279,376 shares of the company’s stock after purchasing an additional 229,959 shares during the period. Franklin Resources Inc.’s holdings in Mondelez International were worth $284,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Mondelez International by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after purchasing an additional 1,646,213 shares during the period. Capital International Investors increased its holdings in Mondelez International by 10.7% in the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares during the period. JPMorgan Chase & Co. increased its holdings in Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the period. State Street Corp increased its holdings in Mondelez International by 1.5% in the third quarter. State Street Corp now owns 60,309,117 shares of the company’s stock valued at $3,797,087,000 after purchasing an additional 862,720 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Mondelez International by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock valued at $1,570,182,000 after purchasing an additional 108,179 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MDLZ has been the subject of a number of recent research reports. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. TD Cowen increased their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $62.93 on Wednesday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $59.81 and a two-hundred day moving average price of $57.99. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a market cap of $80.78 billion, a P/E ratio of 31.31, a PEG ratio of 2.41 and a beta of 0.38.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

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.