Deprince Race & Zollo Inc. Buys 14,600 Shares of Mondelez International, Inc. $MDLZ

Deprince Race & Zollo Inc. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 706,831 shares of the company’s stock after purchasing an additional 14,600 shares during the quarter. Deprince Race & Zollo Inc. owned about 0.06% of Mondelez International worth $40,742,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Leo Wealth LLC lifted its holdings in Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after acquiring an additional 176 shares during the period. Columbia Asset Management lifted its stake in shares of Mondelez International by 1.3% during the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after buying an additional 180 shares in the last quarter. Commonwealth Retirement Investments LLC boosted its stake in shares of Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock worth $1,108,000 after acquiring an additional 180 shares during the period. West Paces Advisors Inc. boosted its stake in Mondelez International by 1.1% in the 4th quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after purchasing an additional 186 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its position in shares of Mondelez International by 5.9% during the first quarter. Capital Advisors Ltd. LLC now owns 3,393 shares of the company’s stock worth $196,000 after acquiring an additional 190 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $59.35 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock has a 50-day simple moving average of $60.86 and a two-hundred day simple moving average of $58.59. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm has a market capitalization of $76.18 billion, a P/E ratio of 29.53, a PEG ratio of 2.26 and a beta of 0.39.

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, beating 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 firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the previous year, the business earned $0.76 EPS. Mondelez International’s revenue for the quarter 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. On average, equities analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders 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 yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MDLZ shares. Barclays lifted their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Bank of America raised their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Finally, TD Cowen lifted their price target on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

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.