Bronte Capital Management Pty Ltd. Has $3.23 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Bronte Capital Management Pty Ltd. decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 13.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,974 shares of the company’s stock after selling 8,573 shares during the period. Mondelez International accounts for about 0.3% of Bronte Capital Management Pty Ltd.’s portfolio, making the stock its 29th biggest position. Bronte Capital Management Pty Ltd.’s holdings in Mondelez International were worth $3,226,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MDLZ. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new position in shares of Mondelez International during the 4th quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International during the 3rd quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new position in Mondelez International during the fourth quarter worth $28,000. Finally, High Point Wealth Management LLC bought a new position in Mondelez International during the fourth quarter worth $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ stock opened at $60.91 on Friday. 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 business has a 50-day simple moving average of $60.95 and a two-hundred day simple moving average of $58.63. The company has a market capitalization of $78.19 billion, a P/E ratio of 30.30, a price-to-earnings-growth ratio of 2.32 and a beta of 0.39. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MDLZ. UBS Group lifted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. TD Cowen boosted their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, BTIG Research started coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average 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.