Quantitative Investment Management LLC Has $1.43 Million Position in Mondelez International, Inc. $MDLZ

Quantitative Investment Management LLC cut its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 43.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,650 shares of the company’s stock after selling 19,277 shares during the quarter. Quantitative Investment Management LLC’s holdings in Mondelez International were worth $1,425,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MDLZ. J.Safra Asset Management Corp bought a new position in shares of Mondelez International during the 4th quarter valued at $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International in the fourth quarter worth $25,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International in the fourth quarter worth $28,000. McIlrath & Eck LLC acquired a new position in Mondelez International during the fourth quarter worth $30,000. Finally, Navalign LLC bought a new position in Mondelez International during the fourth quarter valued at about $31,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Down 0.5%

Shares of MDLZ stock opened at $62.07 on Tuesday. The firm has a market capitalization of $79.22 billion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The firm’s fifty day simple moving average is $61.49 and its 200 day simple moving average is $60.24. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio is 73.53%.

Insiders Place Their Bets

In related news, CEO De Put Dirk Van sold 133,580 shares of Mondelez International stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer directly owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This trade represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on MDLZ. Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. BNP Paribas Exane increased their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Jefferies Financial Group restated a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a report on Wednesday, July 29th. Finally, Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

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.