Mondelez International, Inc. $MDLZ Shares Bought by Nuveen LLC

Nuveen LLC grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,963,099 shares of the company’s stock after acquiring an additional 319,422 shares during the period. Nuveen LLC owned about 0.93% of Mondelez International worth $643,974,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International during the 4th quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International during the 3rd quarter valued at approximately $27,000. High Point Wealth Management LLC acquired a new stake in shares of Mondelez International during the 4th quarter valued at approximately $30,000. McIlrath & Eck LLC acquired a new stake in shares of Mondelez International during the 4th quarter valued at approximately $30,000. Finally, Navalign LLC acquired a new stake in shares of Mondelez International during the 4th quarter valued at approximately $31,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several research reports. JPMorgan Chase & Co. lifted their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. 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 research report on Thursday, February 12th. Finally, Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Trading Down 1.3%

Shares of Mondelez International stock opened at $63.36 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a market capitalization of $81.33 billion, a P/E ratio of 31.52, a P/E/G ratio of 2.51 and a beta of 0.38. The business has a 50 day moving average price of $60.04 and a 200 day moving average price of $58.10.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is presently 99.50%.

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.