Arrowstreet Capital Limited Partnership Grows Stock Holdings in Mondelez International, Inc. $MDLZ

Arrowstreet Capital Limited Partnership raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 72.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,089,712 shares of the company’s stock after buying an additional 3,803,776 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.71% of Mondelez International worth $489,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC boosted its position in Mondelez International by 1.4% in the 4th quarter. Jacobi Capital Management LLC now owns 15,694 shares of the company’s stock valued at $845,000 after buying an additional 218 shares during the period. FORA Capital LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $654,000. CreativeOne Wealth LLC boosted its position in Mondelez International by 7.9% in the 4th quarter. CreativeOne Wealth LLC now owns 8,179 shares of the company’s stock valued at $440,000 after buying an additional 600 shares during the period. UMB Bank n.a. boosted its position in Mondelez International by 8.7% in the 4th quarter. UMB Bank n.a. now owns 48,996 shares of the company’s stock valued at $2,637,000 after buying an additional 3,921 shares during the period. Finally, Bridgefront Capital LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $2,203,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of MDLZ opened at $62.99 on Friday. The company has a 50 day moving average price of $60.16 and a 200-day moving average price of $58.13. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The stock has a market capitalization of $80.86 billion, a PE ratio of 31.34, a PEG ratio of 2.47 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54.

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

Mondelez International Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have issued reports on MDLZ shares. Sanford C. Bernstein lowered their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Bank of America upped their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. TD Cowen upped their price target on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Barclays upped their price target on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

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.