Mondelez International, Inc. $MDLZ Holdings Raised by Wellington Management Group LLP

Wellington Management Group LLP lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 179.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,047,680 shares of the company’s stock after acquiring an additional 673,098 shares during the period. Wellington Management Group LLP’s holdings in Mondelez International were worth $60,598,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares during the last quarter. United Bank lifted its holdings in Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after acquiring an additional 3,070 shares during the last quarter. Sei Investments Co. boosted its stake in Mondelez International by 15.1% in the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after acquiring an additional 71,667 shares during the period. Osterweis Capital Management Inc. boosted its stake in Mondelez International by 4,470.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after acquiring an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Insider Activity at Mondelez International

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

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, Barclays boosted their price target on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Trading Up 1.4%

Shares of Mondelez International stock opened at $62.45 on Thursday. The business has a fifty day simple moving average of $61.51 and a 200-day simple moving average of $60.24. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65. The firm has a market cap of $79.71 billion, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. The company has a quick ratio of 0.40, a current ratio of 0.60 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 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same period in the previous year, the business earned $0.73 earnings per share. Mondelez International’s revenue for the quarter was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is presently 73.53%.

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.