Mondelez International, Inc. $MDLZ Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 28.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,533 shares of the company’s stock after acquiring an additional 10,332 shares during the period. Bleakley Financial Group LLC’s holdings in Mondelez International were worth $2,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OLD Republic International Corp lifted its holdings in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares during the last quarter. Allstate Corp increased its holdings in shares of Mondelez International by 107.7% in the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after acquiring an additional 50,562 shares during the last quarter. VCI Wealth Management LLC purchased a new position in shares of Mondelez International in the 4th quarter valued at about $970,000. BNP Paribas Financial Markets raised its position in shares of Mondelez International by 41.0% during the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after acquiring an additional 1,166,036 shares in the last quarter. Finally, E. Ohman J or Asset Management AB purchased a new stake in Mondelez International during the fourth quarter worth approximately $2,629,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 0.1%

Mondelez International stock opened at $58.72 on Thursday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a 50 day moving average of $60.98 and a two-hundred day moving average of $58.95. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $75.38 billion, a price-to-earnings ratio of 29.21, a PEG ratio of 2.31 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its earnings results 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 company had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the firm posted $0.76 EPS. The firm’s quarterly revenue 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, research analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MDLZ. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. BTIG Research initiated coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. TD Cowen lifted their target price on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Barclays boosted their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Rothschild & Co Redburn reissued a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. One 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.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

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.