Capital International Sarl Acquires 149,327 Shares of Mondelez International, Inc. $MDLZ

Capital International Sarl boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 55.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 417,659 shares of the company’s stock after purchasing an additional 149,327 shares during the quarter. Capital International Sarl’s holdings in Mondelez International were worth $22,483,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Mondelez International by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock worth $7,013,179,000 after purchasing an additional 1,646,213 shares during the period. Capital International Investors boosted its stake in 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 purchasing an additional 8,382,270 shares during the period. JPMorgan Chase & Co. boosted its stake in Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after purchasing an additional 10,137,457 shares during the period. State Street Corp boosted its stake in Mondelez International by 1.5% in the 3rd quarter. State Street Corp now owns 60,309,117 shares of the company’s stock worth $3,797,087,000 after purchasing an additional 862,720 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Mondelez International by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after purchasing an additional 108,179 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on MDLZ shares. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Barclays upped their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. TD Cowen upped their price objective on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Finally, Sanford C. Bernstein decreased their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Up 1.7%

Shares of MDLZ opened at $62.04 on Friday. The stock has a market capitalization of $79.64 billion, a price-to-earnings ratio of 30.87, a price-to-earnings-growth ratio of 2.43 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 business’s 50 day simple moving average is $59.64 and its 200-day simple moving average is $57.89. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the firm earned $0.76 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

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.