Czech National Bank lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 4.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 365,376 shares of the company’s stock after buying an additional 16,271 shares during the period. Czech National Bank’s holdings in Mondelez International were worth $21,133,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. J.Safra Asset Management Corp purchased a new position in Mondelez International during the 4th quarter worth $25,000. Advocate Investing Services LLC purchased a new stake in Mondelez International in the 4th quarter valued at approximately $25,000. Kemnay Advisory Services Inc. purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $28,000. High Point Wealth Management LLC acquired a new position in Mondelez International during the fourth quarter worth $30,000. Finally, McIlrath & Eck LLC purchased a new position in Mondelez International in the fourth quarter worth $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have commented on MDLZ. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. BNP Paribas Exane raised their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. TD Cowen boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Finally, Bank of America upped their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.30.
Mondelez International Trading Down 0.2%
Shares of MDLZ stock opened at $62.61 on Friday. The company has a market capitalization of $80.37 billion, a price-to-earnings ratio of 23.02, a PEG ratio of 2.55 and a beta of 0.38. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $61.05 and a 200 day moving average price of $59.76. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $66.65.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same period last year, the company earned $0.73 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Research analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.
Mondelez International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.2%. Mondelez International’s dividend payout ratio is 73.53%.
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.
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