Nordea Investment Management AB Sells 131,733 Shares of Mondelez International, Inc. $MDLZ

Nordea Investment Management AB lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,151,368 shares of the company’s stock after selling 131,733 shares during the quarter. Nordea Investment Management AB’s holdings in Mondelez International were worth $116,077,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MDLZ. Soundwatch Capital LLC purchased a new stake in shares of Mondelez International in the second quarter worth $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Mondelez International during the 3rd quarter valued at $27,000. Richardson Financial Services Inc. lifted its stake in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Mondelez International during the 3rd quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after buying an additional 196 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $56.21 on Monday. The company has a market cap of $72.05 billion, a P/E ratio of 29.90, a P/E/G ratio of 2.35 and a beta of 0.38. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The firm’s fifty day moving average is $58.57 and its two-hundred day moving average is $58.38.

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

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. 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 3.6%. Mondelez International’s dividend payout ratio is currently 106.38%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MDLZ. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Argus raised Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Mizuho cut their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, Piper Sandler boosted their price target on 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 and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

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.