Hsbc Holdings PLC Purchases 100,458 Shares of Mondelez International, Inc. $MDLZ

Hsbc Holdings PLC grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,500,826 shares of the company’s stock after buying an additional 100,458 shares during the quarter. Hsbc Holdings PLC’s holdings in Mondelez International were worth $134,679,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International in the 3rd quarter worth approximately $27,000. J.Safra Asset Management Corp purchased a new stake in Mondelez International during the 4th quarter valued at $25,000. Advocate Investing Services LLC purchased a new stake in Mondelez International during the 4th quarter valued at $25,000. JPL Wealth Management LLC bought a new stake in shares of Mondelez International in the 3rd quarter worth $32,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the 4th quarter worth $28,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Bank of America upped their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Finally, TD Cowen upped their target price on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Price Performance

Shares of MDLZ opened at $60.10 on Monday. The firm has a market cap of $77.15 billion, a PE ratio of 29.90, a P/E/G ratio of 2.35 and a beta of 0.38. 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 firm has a fifty day simple moving average of $60.46 and a two-hundred day simple moving average of $58.29. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15.

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

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued 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 dividend payout ratio is currently 99.50%.

Mondelez International 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.