Landscape Capital Management L.L.C. Makes New Investment in Mondelez International, Inc. $MDLZ

Landscape Capital Management L.L.C. purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, HoldingsChannel reports. The fund purchased 63,086 shares of the company’s stock, valued at approximately $3,396,000.

Several other institutional investors have also modified their holdings of the business. OLD Republic International Corp lifted its position in shares of Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after purchasing an additional 252,700 shares during the last quarter. VCI Wealth Management LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth $970,000. E. Ohman J or Asset Management AB purchased a new stake in shares of Mondelez International during the 4th quarter worth $2,629,000. Wealthfront Advisers LLC lifted its position in shares of Mondelez International by 15.3% during the 4th quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after purchasing an additional 28,797 shares during the last quarter. Finally, PKO Investment Management Joint Stock Co lifted its position in shares of Mondelez International by 115.0% during the 4th quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after purchasing an additional 54,066 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $62.99 on Monday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The stock has a market cap of $80.86 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 2.47 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The firm has a fifty day moving average price of $60.16 and a 200 day moving average price of $58.15.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s payout ratio is currently 99.50%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. UBS Group lifted their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Barclays lifted their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen lifted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. Finally, BTIG Research assumed coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.05.

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.