Mondelez International, Inc. $MDLZ Stock Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 385.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 239,838 shares of the company’s stock after purchasing an additional 190,444 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Mondelez International were worth $13,867,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Miller Global Investments LLC bought a new position in shares of Mondelez International in the 3rd quarter valued at about $26,000. North Point Portfolio Managers Corp OH acquired a new position in shares of Mondelez International in the third quarter valued at approximately $28,000. Ballast Advisors LLC acquired a new stake in shares of Mondelez International in the 1st quarter valued at about $34,000. C M Bidwell & Associates Ltd. acquired a new position in Mondelez International during the 2nd quarter worth approximately $35,000. Finally, Whipplewood Advisors LLC grew its position in Mondelez International by 35.5% in the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of several research analyst reports. BNP Paribas Exane lifted their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. UBS Group boosted their target price on shares of Mondelez International from $64.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. cut their target price on shares of Mondelez International from $72.00 to $71.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Piper Sandler raised their price objective on Mondelez International from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Finally, Wells Fargo & Company cut their price target on shares of Mondelez International from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Monday, October 5th. Seventeen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $68.86.

Insiders Place Their Bets

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company’s stock.

Mondelez International Price Performance

NASDAQ MDLZ opened at $63.80 on Friday. The firm’s 50-day simple moving average is $61.79 and its two-hundred day simple moving average is $61.02. The company has a market cap of $81.43 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. 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 released its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. During the same period last year, the business earned $0.73 earnings per share. Mondelez International’s revenue 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. Research analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.52 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, September 30th. Mondelez International’s dividend payout ratio (DPR) is currently 76.47%.

Mondelez International Profile

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.