Headlands Technologies LLC Buys Shares of 125,577 Mondelez International, Inc. $MDLZ

Headlands Technologies LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,577 shares of the company’s stock, valued at approximately $7,263,000. Mondelez International makes up about 0.8% of Headlands Technologies LLC’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. OLD Republic International Corp lifted its holdings in 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 buying an additional 252,700 shares in the last quarter. Allstate Corp grew its stake in shares of Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after acquiring an additional 50,562 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Mondelez International by 41.0% in the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after acquiring an additional 1,166,036 shares in the last quarter. PKO Investment Management Joint Stock Co increased its position in shares of 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 period. Finally, First Trust Advisors LP raised its stake in shares of Mondelez International by 10.1% in the first quarter. First Trust Advisors LP now owns 1,131,640 shares of the company’s stock valued at $65,228,000 after acquiring an additional 103,778 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Mondelez International

In related news, CEO De Put Dirk Van sold 133,580 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company’s stock.

Mondelez International Stock Performance

Mondelez International stock opened at $62.36 on Monday. The stock has a 50-day moving average price of $61.44 and a 200 day moving average price of $60.23. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The stock has a market cap of $79.59 billion, a PE ratio of 22.93, a P/E/G ratio of 2.53 and a beta of 0.38. The company has a current ratio of 0.60, a quick ratio of 0.40 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period in the prior year, the firm earned $0.73 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. Mondelez International’s payout ratio is currently 73.53%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several analyst reports. BNP Paribas Exane boosted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Barclays raised their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. lifted their price target on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Jefferies Financial Group restated a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, TD Cowen raised their target price on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.30.

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.