Fideuram Asset Management Ireland dac Invests $1.91 Million in Mondelez International, Inc. $MDLZ

Fideuram Asset Management Ireland dac purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 35,431 shares of the company’s stock, valued at approximately $1,907,000.

Other institutional investors have also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International in the 3rd quarter valued at about $27,000. High Point Wealth Management LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $30,000. McIlrath & Eck LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $30,000. Navalign LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $31,000. Finally, JPL Wealth Management LLC purchased a new stake in Mondelez International in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays boosted their target price on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Piper Sandler boosted their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Down 2.0%

Shares of NASDAQ:MDLZ opened at $61.17 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The stock has a market capitalization of $78.52 billion, a P/E ratio of 30.43, a PEG ratio of 2.44 and a beta of 0.39. The stock has a 50-day simple moving average of $59.19 and a 200-day simple moving average of $57.73.

Mondelez International (NASDAQ:MDLZ) last issued its 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 return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the business earned $0.76 EPS. 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. Equities analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s payout ratio is 99.50%.

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.