Strs Ohio Sells 11,824 Shares of Mondelez International, Inc. $MDLZ

Strs Ohio decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 407,312 shares of the company’s stock after selling 11,824 shares during the period. Strs Ohio’s holdings in Mondelez International were worth $21,926,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. grew its holdings in shares of Mondelez International by 3.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after acquiring an additional 22,194 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in shares of Mondelez International by 32.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock worth $9,240,000 after acquiring an additional 36,037 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Mondelez International by 8.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after acquiring an additional 46,182 shares during the period. Nordea Investment Management AB grew its holdings in shares of Mondelez International by 5.9% during the 3rd quarter. Nordea Investment Management AB now owns 2,283,101 shares of the company’s stock worth $143,013,000 after acquiring an additional 128,147 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of Mondelez International by 17.8% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,522,194 shares of the company’s stock worth $95,091,000 after acquiring an additional 230,328 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ opened at $61.37 on Monday. The business’s fifty day simple moving average is $57.96 and its two-hundred day simple moving average is $57.45. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a market cap of $78.67 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.40 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $9.75 billion. During the same period last year, the business posted $0.76 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Research analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Insider Buying and Selling

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MDLZ shares. JPMorgan Chase & Co. upped their target price on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Barclays upped their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen upped their price target on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Piper Sandler upped their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International 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.