Dimensional Fund Advisors LP Has $479.10 Million Holdings in Mondelez International, Inc. $MDLZ

Dimensional Fund Advisors LP trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.8% in the third quarter, Holdings Channel reports. The fund owned 7,669,039 shares of the company’s stock after selling 740,602 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Mondelez International were worth $479,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Soundwatch Capital LLC bought a new stake in Mondelez International during the 2nd quarter valued at approximately $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Mondelez International by 141.0% during the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after buying an additional 282 shares during the last quarter. Aspect Partners LLC boosted its position in shares of Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after acquiring an additional 305 shares during the period. Halbert Hargrove Global Advisors LLC boosted its position in shares of Mondelez International by 60.3% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after acquiring an additional 196 shares during the period. Finally, Traub Capital Management LLC acquired a new stake in shares of Mondelez International in the second quarter worth $37,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ stock opened at $58.69 on Thursday. The stock’s fifty day simple moving average is $57.92 and its 200 day simple moving average is $58.86. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The firm has a market cap of $75.23 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 2.45 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating 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 company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same period last year, the business earned $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, analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a $0.50 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. Mondelez International’s payout ratio is 106.38%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MDLZ shares. Morgan Stanley reduced their price target on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Mizuho lowered their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Piper Sandler upped their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Wells Fargo & Company lifted their price objective on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Insiders Place Their Bets

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on 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 transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

About Mondelez International

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.