9,574 Shares in Mondelez International, Inc. $MDLZ Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 9,574 shares of the company’s stock, valued at approximately $598,000.

A number of other hedge funds also recently bought and sold shares of MDLZ. JPMorgan Chase & Co. grew its position in shares of Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares in the last quarter. State Street Corp lifted its position in Mondelez International by 1.1% during the second quarter. State Street Corp now owns 59,446,397 shares of the company’s stock worth $4,036,594,000 after buying an additional 670,634 shares in the last quarter. Geode Capital Management LLC lifted its position in Mondelez International by 0.8% during the second quarter. Geode Capital Management LLC now owns 28,951,049 shares of the company’s stock worth $1,943,170,000 after buying an additional 242,695 shares in the last quarter. Norges Bank acquired a new position in Mondelez International during the second quarter worth $1,239,834,000. Finally, Invesco Ltd. boosted its stake in Mondelez International by 10.7% during the second quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock worth $936,894,000 after buying an additional 1,345,078 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on MDLZ shares. Piper Sandler upped their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Stifel Nicolaus lowered their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. TD Cowen dropped their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their price objective on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, Bank of America reduced their target price on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Insider Transactions at Mondelez International

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

Mondelez International Price Performance

MDLZ stock opened at $58.40 on Monday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The stock has a market cap of $74.86 billion, a price-to-earnings ratio of 31.06, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The business has a fifty day moving average of $58.07 and a two-hundred day moving average of $58.77.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 3rd. The company reported $0.72 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 for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the previous year, the business earned $0.65 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

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

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.