Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 257,350 Shares of Mondelez International, Inc. $MDLZ

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 64.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 655,180 shares of the company’s stock after purchasing an additional 257,350 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.05% of Mondelez International worth $37,765,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in MDLZ. Vanguard Group Inc. lifted its holdings in Mondelez International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after purchasing an additional 1,646,213 shares during the last quarter. Capital International Investors boosted its position in Mondelez International by 10.7% in the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after buying an additional 8,382,270 shares in the last quarter. State Street Corp grew its stake in Mondelez International by 1.5% during the fourth quarter. State Street Corp now owns 61,217,193 shares of the company’s stock worth $3,325,625,000 after buying an additional 908,076 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after buying an additional 3,993,811 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Mondelez International by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after buying an additional 108,179 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on MDLZ shares. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. JPMorgan Chase & Co. increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, Barclays boosted 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Price Performance

Shares of MDLZ stock opened at $60.91 on Friday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The firm’s 50 day moving average is $60.95 and its 200-day moving average is $58.63. The firm has a market capitalization of $78.19 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.32 and a beta of 0.39. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the business posted $0.76 earnings per share. 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. Sell-side analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

About Mondelez International

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.