Harvest Fund Management Co. Ltd Buys 16,929 Shares of Mondelez International, Inc. $MDLZ

Harvest Fund Management Co. Ltd boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 21.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,343 shares of the company’s stock after buying an additional 16,929 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Mondelez International were worth $5,184,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Leo Wealth LLC boosted its position in Mondelez International by 2.4% during the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after purchasing an additional 176 shares during the period. Columbia Asset Management boosted its position in Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after purchasing an additional 180 shares during the period. West Paces Advisors Inc. boosted its position in Mondelez International by 1.1% during the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock worth $886,000 after purchasing an additional 186 shares during the period. Nicolet Advisory Services LLC boosted its position in Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock worth $1,171,000 after purchasing an additional 197 shares during the period. Finally, CYBER HORNET ETFs LLC boosted its position in Mondelez International by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 3,798 shares of the company’s stock worth $204,000 after purchasing an additional 200 shares during the period. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of research reports. TD Cowen increased their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Barclays increased their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. increased their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. 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 MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Down 0.5%

Shares of Mondelez International stock opened at $60.99 on Friday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a market cap of $78.29 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 2.40 and a beta of 0.38. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company’s 50-day moving average price is $59.54 and its 200-day moving average price is $57.86.

Mondelez International (NASDAQ:MDLZ) last announced 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 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 prior year, the firm posted $0.76 earnings per share. 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 fiscal year.

Mondelez International Announces Dividend

The company also recently declared 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 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.