PNC Financial Services Group Inc. Buys 168,391 Shares of Mondelez International, Inc. $MDLZ

PNC Financial Services Group Inc. raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,318,398 shares of the company’s stock after acquiring an additional 168,391 shares during the period. PNC Financial Services Group Inc. owned approximately 0.18% of Mondelez International worth $144,830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MDLZ. AlphaStar Capital Management LLC acquired a new position in shares of Mondelez International in the 2nd quarter valued at $1,336,000. Asset Management One Co. Ltd. raised its stake in shares of Mondelez International by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after purchasing an additional 22,194 shares during the last quarter. Deprince Race & Zollo Inc. lifted its holdings in shares of Mondelez International by 70.5% during the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after purchasing an additional 193,956 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Mondelez International by 32.2% in the third quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock valued at $9,240,000 after buying an additional 36,037 shares during the last quarter. Finally, Confluence Investment Management LLC increased its holdings in Mondelez International by 324.5% in the 3rd quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock worth $138,928,000 after buying an additional 1,699,980 shares during the period. Institutional investors own 78.32% of the company’s stock.

Key Stories Impacting Mondelez International

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Wells Fargo raised its price target to $70 and maintained an “overweight” rating, implying roughly an 11.8% upside from recent levels; the upgrade is likely supporting buying interest. Benzinga: Wells Fargo raises PT
• Positive Sentiment: The board declared a regular quarterly dividend of $0.50 per share (record date March 31, payable April 14), representing a ~3.2% yield — a cash-return event that typically supports income-seeking demand. GlobeNewswire: Dividend announcement
• Neutral Sentiment: Recent analyst research and stock‑forecast publications (ARGUS / Yahoo) have been circulated; these provide refreshed models and estimates but no single consensus change that should radically re‑rate the name on its own. ARGUS analyst report
• Negative Sentiment: EVP Gustavo Carlos Valle sold 3,000 shares at an average of $62.00 (≈$186k); while he still holds ~99,596 shares, the disclosed insider sale can be perceived negatively by some investors. SEC Form 4
• Negative Sentiment: Coverage noting that MDLZ has underperformed some peers despite daily gains highlights relative‑performance concerns that could temper momentum for investors focused on sector allocation. MarketWatch: Underperformance note

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MDLZ shares. UBS Group reduced their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. TD Cowen reduced their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Wells Fargo & Company upped their target price on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. dropped their target price on Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada decreased their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $67.75.

Mondelez International Trading Up 1.2%

MDLZ stock opened at $62.59 on Monday. The business’s 50-day moving average is $56.40 and its 200 day moving average is $59.05. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The stock has a market cap of $80.23 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.61 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The business’s revenue 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, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

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.