Natixis Advisors LLC Acquires 78,214 Shares of Mondelez International, Inc. $MDLZ

Natixis Advisors LLC lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,858,794 shares of the company’s stock after purchasing an additional 78,214 shares during the period. Natixis Advisors LLC owned 0.22% of Mondelez International worth $178,588,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Korea Investment CORP lifted its position in Mondelez International by 4.2% during the third quarter. Korea Investment CORP now owns 865,943 shares of the company’s stock valued at $54,095,000 after buying an additional 34,516 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in shares of Mondelez International by 18.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 818,644 shares of the company’s stock worth $51,141,000 after buying an additional 124,905 shares in the last quarter. HUB Investment Partners LLC lifted its position in Mondelez International by 6.7% in the 3rd quarter. HUB Investment Partners LLC now owns 24,204 shares of the company’s stock valued at $1,512,000 after acquiring an additional 1,527 shares in the last quarter. Knott David M Jr purchased a new stake in shares of Mondelez International during the third quarter valued at $500,000. Finally, Modern Wealth Management LLC boosted its holdings in shares of Mondelez International by 3.4% during the 3rd quarter. Modern Wealth Management LLC now owns 7,001 shares of the company’s stock valued at $437,000 after acquiring an additional 227 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of a number of research reports. Bank of America decreased their target price on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Stifel Nicolaus cut their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Finally, Piper Sandler increased their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Get Our Latest Stock Report on MDLZ

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following 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 filing with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Mondelez International Trading Up 0.4%

Shares of Mondelez International stock opened at $58.40 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The business has a 50-day moving average price of $58.07 and a 200-day moving average price of $58.80. The firm has a market cap of $74.86 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Mondelez International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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