Quantitative Investment Management LLC Has $1.43 Million Position in Mondelez International, Inc. $MDLZ

Quantitative Investment Management LLC lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 43.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,650 shares of the company’s stock after selling 19,277 shares during the quarter. Quantitative Investment Management LLC’s holdings in Mondelez International were worth $1,425,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MDLZ. Norges Bank acquired a new stake in shares of Mondelez International during the fourth quarter worth approximately $1,010,020,000. Capital International Investors boosted its holdings in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after acquiring an additional 3,993,811 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after acquiring an additional 3,803,776 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in Mondelez International by 190.3% during the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after purchasing an additional 2,801,689 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on MDLZ. BNP Paribas Exane lifted their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” 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 note on Monday, August 3rd. Barclays raised their target price on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. TD Cowen upped their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Freedom Capital lowered shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $67.30.

Mondelez International Stock Down 0.5%

Shares of NASDAQ:MDLZ opened at $62.07 on Tuesday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company has a 50 day moving average of $61.49 and a 200-day moving average of $60.24. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The stock has a market cap of $79.22 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 2.53 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business 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 business posted $0.73 earnings per share. Mondelez International’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, sell-side analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is presently 73.53%.

Insider Buying and Selling at Mondelez International

In other news, CEO De Put Dirk Van sold 133,580 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total value of $8,559,806.40. Following the transaction, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This represents a 9.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

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.