258,688 Shares in Mondelez International, Inc. $MDLZ Acquired by Diamant Asset Management Inc.

Diamant Asset Management Inc. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 258,688 shares of the company’s stock, valued at approximately $14,911,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Larry Mathis Financial Planning LLC increased its holdings in shares of Mondelez International by 7.2% during the 1st quarter. Larry Mathis Financial Planning LLC now owns 5,582 shares of the company’s stock worth $322,000 after buying an additional 373 shares during the last quarter. ABN AMRO Bank N.V. boosted its holdings in Mondelez International by 3.9% in the first quarter. ABN AMRO Bank N.V. now owns 71,860 shares of the company’s stock valued at $4,166,000 after acquiring an additional 2,730 shares during the last quarter. Union Bancaire Privee UBP SA grew its position in Mondelez International by 10.4% during the first quarter. Union Bancaire Privee UBP SA now owns 10,085 shares of the company’s stock valued at $581,000 after acquiring an additional 952 shares during the period. Sterling Capital Management LLC grew its position in Mondelez International by 159.6% during the first quarter. Sterling Capital Management LLC now owns 7,901 shares of the company’s stock valued at $455,000 after acquiring an additional 4,858 shares during the period. Finally, Cambient Family Office LLC increased its stake in Mondelez International by 17.5% during the first quarter. Cambient Family Office LLC now owns 7,339 shares of the company’s stock worth $427,000 after acquiring an additional 1,094 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a report on Monday, March 30th. JPMorgan Chase & Co. boosted their target price on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. BTIG Research assumed coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price for the company. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Finally, Barclays lifted their price target on shares of Mondelez International from $67.00 to $68.00 and gave the company 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 given a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Trading Down 0.7%

NASDAQ:MDLZ opened at $60.79 on Friday. The business’s 50-day moving average is $60.74 and its two-hundred day moving average is $58.45. The firm has a market capitalization of $78.03 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 2.38 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. 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 (NASDAQ:MDLZ) last issued its 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 return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. 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. Research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued 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 is currently 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.