Schroder Investment Management Group Boosts Position in Mondelez International, Inc. $MDLZ

Schroder Investment Management Group lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 75.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 732,543 shares of the company’s stock after purchasing an additional 314,948 shares during the quarter. Schroder Investment Management Group’s holdings in Mondelez International were worth $45,762,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank bought a new position in shares of Mondelez International during the second quarter valued at about $1,239,834,000. JPMorgan Chase & Co. grew its holdings in shares of Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after acquiring an additional 10,137,457 shares during the period. First Trust Advisors LP raised its position in shares of Mondelez International by 197.9% in the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock worth $274,221,000 after acquiring an additional 2,701,229 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Mondelez International by 2,080.4% in the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after acquiring an additional 2,353,841 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Mondelez International by 88.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,312,887 shares of the company’s stock valued at $290,862,000 after purchasing an additional 2,020,135 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent research reports. Piper Sandler upped their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. UBS Group dropped their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.06.

Mondelez International Trading Down 2.7%

Mondelez International stock opened at $56.58 on Wednesday. The business has a 50-day simple moving average of $58.16 and a two-hundred day simple moving average of $58.69. 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 company has a market cap of $72.53 billion, a P/E ratio of 30.10, a P/E/G ratio of 2.42 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued 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. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter last year, the company posted $0.65 EPS. The company’s revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Analysts predict 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. Stockholders of record on Tuesday, March 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Mondelez International’s dividend payout ratio is 106.38%.

Mondelez International Company 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.