GAMMA Investing LLC Raises Stake in Mondelez International, Inc. $MDLZ

GAMMA Investing LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 44.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,142 shares of the company’s stock after purchasing an additional 10,140 shares during the quarter. GAMMA Investing LLC’s holdings in Mondelez International were worth $1,917,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MDLZ. OLD Republic International Corp boosted its position in shares of Mondelez International by 156.6% in the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares in the last quarter. Allstate Corp grew its stake in Mondelez International by 107.7% in the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after acquiring an additional 50,562 shares during the last quarter. VCI Wealth Management LLC purchased a new position in Mondelez International during the 4th quarter valued at about $970,000. BNP Paribas Financial Markets increased its holdings in Mondelez International by 41.0% during the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock valued at $215,677,000 after acquiring an additional 1,166,036 shares in the last quarter. Finally, PKO Investment Management Joint Stock Co raised its position in Mondelez International by 115.0% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after acquiring an additional 54,066 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

MDLZ has been the topic of several research reports. JPMorgan Chase & Co. increased their price target on shares of Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Barclays increased their target price on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $62.75 on Friday. The company has a market cap of $80.55 billion, a P/E ratio of 23.07, a P/E/G ratio of 2.55 and a beta of 0.38. The business has a fifty day simple moving average of $61.02 and a 200-day simple moving average of $59.74. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.05. The firm had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.2%. Mondelez International’s dividend payout ratio is 73.53%.

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.