Pacer Advisors Inc. Buys 32,499 Shares of Mondelez International, Inc. $MDLZ

Pacer Advisors Inc. raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 16.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 228,918 shares of the company’s stock after buying an additional 32,499 shares during the quarter. Pacer Advisors Inc.’s holdings in Mondelez International were worth $12,323,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. J.Safra Asset Management Corp purchased a new position in Mondelez International during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International in the 3rd quarter worth approximately $27,000. Kemnay Advisory Services Inc. purchased a new stake in Mondelez International in the 4th quarter worth approximately $28,000. Finally, High Point Wealth Management LLC bought a new position in Mondelez International in the 4th quarter valued at $30,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

MDLZ stock opened at $60.10 on Friday. 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, Inc. has a one year low of $51.20 and a one year high of $71.15. The stock has a market cap of $77.15 billion, a PE ratio of 29.90, a P/E/G ratio of 2.35 and a beta of 0.38. The firm has a 50 day simple moving average of $60.46 and a two-hundred day simple moving average of $58.27.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data 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 net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter last year, the company posted $0.76 EPS. The business’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. On average, analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently commented on MDLZ. BTIG Research started coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. upped their target price on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.