AIA Group Ltd Increases Stock Position in Mondelez International, Inc. $MDLZ

AIA Group Ltd lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 40.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,688 shares of the company’s stock after buying an additional 26,484 shares during the period. AIA Group Ltd’s holdings in Mondelez International were worth $5,728,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. grew its position in Mondelez International by 0.6% during the third 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 during the period. Financial Perspectives Inc increased its stake in Mondelez International by 22.9% during the third quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after acquiring an additional 176 shares during the last quarter. Acorn Wealth Advisors LLC raised its holdings in shares of Mondelez International by 4.8% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after purchasing an additional 189 shares during the period. Mccarter Private Wealth Services LLC raised its holdings in shares of Mondelez International by 3.9% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock worth $316,000 after purchasing an additional 190 shares during the period. Finally, 1620 Investment Advisors Inc. lifted its stake in shares of Mondelez International by 1.6% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 12,232 shares of the company’s stock valued at $764,000 after purchasing an additional 191 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on 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 owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MDLZ. UBS Group decreased their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Bank of America cut their price target on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Wells Fargo & Company increased their price objective on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Stifel Nicolaus cut their target price on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, Argus upgraded shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $67.44.

Mondelez International Price Performance

Shares of MDLZ stock opened at $56.47 on Thursday. The firm has a fifty day moving average of $58.50 and a two-hundred day moving average of $58.47. The firm has a market cap of $72.39 billion, a P/E ratio of 30.04, a P/E/G ratio of 2.42 and a beta of 0.38. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. 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 results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

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.