SEB Asset Management AB Takes $16.02 Million Position in Mondelez International, Inc. $MDLZ

SEB Asset Management AB bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 277,840 shares of the company’s stock, valued at approximately $16,015,000.

Several other hedge funds have also recently added to or reduced their stakes in MDLZ. Swiss National Bank grew its stake in shares of Mondelez International by 6.8% in the 1st quarter. Swiss National Bank now owns 3,786,924 shares of the company’s stock valued at $218,278,000 after purchasing an additional 241,100 shares during the period. Spartan Wealth Advisory Services LLC bought a new position in shares of Mondelez International during the 1st quarter worth approximately $359,000. Clifford Swan Investment Counsel LLC lifted its position in shares of Mondelez International by 17.4% during the 1st quarter. Clifford Swan Investment Counsel LLC now owns 345,672 shares of the company’s stock worth $19,925,000 after buying an additional 51,339 shares during the period. Heartland Bank & Trust Co acquired a new stake in Mondelez International in the 1st quarter valued at $505,000. Finally, Zhang Financial LLC boosted its stake in Mondelez International by 2.6% in the 1st quarter. Zhang Financial LLC now owns 16,181 shares of the company’s stock valued at $933,000 after buying an additional 415 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Mondelez International stock opened at $60.27 on Tuesday. The stock has a 50-day simple moving average of $60.94 and a 200 day simple moving average of $59.08. The stock has a market capitalization of $77.37 billion, a price-to-earnings ratio of 29.99, a P/E/G ratio of 2.40 and a beta of 0.39. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month 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 analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on MDLZ shares. BTIG Research assumed coverage on Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective for the company. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Bank of America upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, April 10th. 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. Finally, Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $66.44.

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.