Capital International Inc. CA lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 30.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,203,129 shares of the company’s stock after buying an additional 280,264 shares during the period. Capital International Inc. CA’s holdings in Mondelez International were worth $64,764,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. Capital International Investors raised its position in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Capital Group Investment Management PTE. LTD. grew its stake in shares of Mondelez International by 55.6% in the 4th quarter. Capital Group Investment Management PTE. LTD. now owns 46,892 shares of the company’s stock valued at $2,524,000 after buying an additional 16,752 shares during the period. Los Angeles Capital Management LLC grew its stake in shares of Mondelez International by 17.0% in the 4th quarter. Los Angeles Capital Management LLC now owns 7,165 shares of the company’s stock valued at $414,000 after buying an additional 1,042 shares during the period. Nemes Rush Group LLC grew its stake in shares of Mondelez International by 62.8% in the 4th quarter. Nemes Rush Group LLC now owns 1,148 shares of the company’s stock valued at $62,000 after buying an additional 443 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. grew its stake in shares of Mondelez International by 24.3% in the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 37,425 shares of the company’s stock valued at $2,015,000 after buying an additional 7,315 shares during the period. 78.32% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently commented on MDLZ shares. Sanford C. Bernstein reduced their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. raised their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Barclays raised their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $67.05.
Mondelez International Price Performance
MDLZ stock opened at $62.04 on Friday. The company has a market capitalization of $79.64 billion, a P/E ratio of 30.87, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. 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 52-week low of $51.20 and a 52-week high of $71.15. The business has a 50-day simple moving average of $59.64 and a two-hundred day simple moving average of $57.89.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.
Mondelez International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. 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.
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