Swiss National Bank Sells 189,300 Shares of Mondelez International, Inc. $MDLZ

Swiss National Bank decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,732,424 shares of the company’s stock after selling 189,300 shares during the quarter. Swiss National Bank owned about 0.29% of Mondelez International worth $233,165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. LGT Fund Management Co Ltd. raised its position in Mondelez International by 53.7% during the third quarter. LGT Fund Management Co Ltd. now owns 53,159 shares of the company’s stock worth $3,358,000 after acquiring an additional 18,580 shares in the last quarter. LGT Group Foundation grew its position in shares of Mondelez International by 4.3% in the 3rd quarter. LGT Group Foundation now owns 703,480 shares of the company’s stock valued at $44,439,000 after acquiring an additional 29,087 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Mondelez International by 7.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,384,052 shares of the company’s stock worth $86,463,000 after purchasing an additional 91,500 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Mondelez International by 75.4% during the 3rd quarter. Schroder Investment Management Group now owns 732,543 shares of the company’s stock worth $45,762,000 after purchasing an additional 314,948 shares during the last quarter. Finally, PFG Advisors raised its holdings in shares of Mondelez International by 11.6% in the 3rd quarter. PFG Advisors now owns 3,964 shares of the company’s stock valued at $248,000 after purchasing an additional 411 shares during the period. Institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’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 completion of the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MDLZ. Bank of America cut 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. UBS Group cut their price objective on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. JPMorgan Chase & Co. decreased 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. Wells Fargo & Company raised their price target on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a research report on Wednesday, February 4th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.06.

Mondelez International Price Performance

Mondelez International stock opened at $58.17 on Tuesday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock’s 50 day moving average is $58.13 and its 200-day moving average is $58.74. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $74.57 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion during 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 firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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

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.