National Pension Service Trims Position in Mondelez International, Inc. $MDLZ

National Pension Service cut its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,501,930 shares of the company’s stock after selling 670,097 shares during the period. National Pension Service’s holdings in Mondelez International were worth $188,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Mondelez International in the third quarter worth $27,000. JPL Wealth Management LLC purchased a new position in shares of Mondelez International in the third quarter worth $32,000. McIlrath & Eck LLC purchased a new position in shares of Mondelez International in the fourth quarter worth $30,000. High Point Wealth Management LLC purchased a new position in shares of Mondelez International in the fourth quarter worth $30,000. Finally, Navalign LLC bought a new stake in Mondelez International in the 4th quarter valued at $31,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 2.0%

Shares of MDLZ stock opened at $61.17 on Friday. The stock has a market cap of $78.52 billion, a P/E ratio of 30.43, a PEG ratio of 2.44 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. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The company’s fifty day simple moving average is $59.19 and its two-hundred day simple moving average is $57.73.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share 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 firm had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the previous year, the firm 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. Analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Analyst Ratings Changes

MDLZ has been the topic of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research note on Friday. Bank of America boosted their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. One research 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 stock. According to MarketBeat, the stock presently has an average 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.