Mondelez International, Inc. $MDLZ Shares Acquired by Heritage Investors Management Corp

Heritage Investors Management Corp boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 12.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,146 shares of the company’s stock after purchasing an additional 18,389 shares during the period. Heritage Investors Management Corp’s holdings in Mondelez International were worth $8,728,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp acquired a new stake in Mondelez International during the 3rd quarter valued at $27,000. High Point Wealth Management LLC acquired a new stake in Mondelez International during the 4th quarter valued at $30,000. McIlrath & Eck LLC acquired a new stake in Mondelez International during the 4th quarter valued at $30,000. Navalign LLC acquired a new stake in Mondelez International during the 4th quarter valued at $31,000. Finally, JPL Wealth Management LLC acquired a new stake in Mondelez International during the 3rd quarter valued at $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.5%

Mondelez International stock opened at $61.50 on Friday. The firm’s 50-day moving average is $58.50 and its 200-day moving average is $57.52. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a market cap of $78.94 billion, a P/E ratio of 30.60, a PEG ratio of 2.42 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the firm posted $0.76 EPS. The company’s revenue for the quarter 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, equities analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MDLZ shares. BTIG Research started coverage on shares of Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. DA Davidson reiterated a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a research note on Wednesday, February 4th. UBS Group increased their price objective 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. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $67.05.

Get Our Latest Analysis on MDLZ

About Mondelez International

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZFree Report).

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.