Mondelez International, Inc. $MDLZ Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 14.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 111,785 shares of the company’s stock after buying an additional 13,821 shares during the period. Public Sector Pension Investment Board’s holdings in Mondelez International were worth $6,983,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MDLZ. Jamison Private Wealth Management Inc. grew its stake in Mondelez International by 0.6% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after acquiring an additional 172 shares in the last quarter. Financial Perspectives Inc boosted its holdings in shares of Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after purchasing an additional 176 shares during the last quarter. West Michigan Advisors LLC grew its position in shares of Mondelez International by 3.4% in the second quarter. West Michigan Advisors LLC now owns 5,445 shares of the company’s stock valued at $370,000 after purchasing an additional 180 shares in the last quarter. Lakeridge Wealth Management LLC increased its holdings in shares of Mondelez International by 5.7% in the second quarter. Lakeridge Wealth Management LLC now owns 3,405 shares of the company’s stock valued at $230,000 after purchasing an additional 185 shares during the last quarter. Finally, Acorn Wealth Advisors LLC lifted its position in Mondelez International by 4.8% during the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after buying an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 4.4%

Shares of MDLZ stock opened at $59.86 on Wednesday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The firm has a market cap of $76.73 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 2.61 and a beta of 0.38. The company has a 50-day moving average of $56.67 and a two-hundred day moving average of $59.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the prior year, the business posted $0.65 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s payout ratio is presently 106.38%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MDLZ shares. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. UBS Group dropped their price objective on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. TD Cowen reduced their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. JPMorgan Chase & Co. decreased their target price on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Piper Sandler raised their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and an average price target of $67.75.

Insider Activity

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.41% of the company’s stock.

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.