Grantham Mayo Van Otterloo & Co. LLC Boosts Stake in Mondelez International, Inc. $MDLZ

Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 18.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 818,644 shares of the company’s stock after buying an additional 124,905 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Mondelez International were worth $51,141,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Soundwatch Capital LLC purchased a new stake in shares of Mondelez International in the 2nd quarter valued at approximately $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after acquiring an additional 282 shares during the last quarter. Halbert Hargrove Global Advisors LLC boosted its position in shares of Mondelez International by 60.3% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after purchasing an additional 196 shares during the period. Traub Capital Management LLC acquired a new stake in Mondelez International in the 2nd quarter valued at approximately $37,000. Finally, GGM Financials LLC purchased a new stake in Mondelez International in the third quarter valued at approximately $41,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Mizuho dropped their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. JPMorgan Chase & Co. cut their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Argus raised shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.06.

Insider Transactions at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Mondelez International Trading Up 0.4%

NASDAQ:MDLZ opened at $58.40 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a market cap of $74.86 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The stock has a fifty day moving average price of $58.07 and a 200 day moving average price of $58.80.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a yield of 3.4%. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Mondelez International Company 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.