Morningstar Investment Management LLC Has $6.25 Million Stock Position in Mondelez International, Inc. $MDLZ

Morningstar Investment Management LLC lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 27.7% in the fourth quarter, HoldingsChannel reports. The fund owned 116,157 shares of the company’s stock after selling 44,477 shares during the period. Morningstar Investment Management LLC’s holdings in Mondelez International were worth $6,253,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MDLZ. JPMorgan Chase & Co. boosted its holdings in shares of Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares during the last quarter. Capital International Investors boosted its holdings in shares of Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after buying an additional 6,958,868 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after buying an additional 2,637,287 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of Mondelez International by 2,080.4% in the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after buying an additional 2,353,841 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after buying an additional 1,849,482 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ opened at $61.76 on Monday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The stock’s fifty day simple moving average is $58.63 and its 200 day simple moving average is $57.55. 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 stock has a market cap of $79.28 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 2.42 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the prior year, the business earned $0.76 EPS. The firm’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. As a group, research analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is 99.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. increased their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. BTIG Research started coverage on Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective for the company. Finally, DA Davidson reissued a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.05.

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.