Mondelez International, Inc. $MDLZ Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,458,056 shares of the company’s stock after buying an additional 106,636 shares during the period. Bank of New York Mellon Corp’s holdings in Mondelez International were worth $487,522,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MDLZ. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International in the 3rd quarter worth approximately $27,000. J.Safra Asset Management Corp purchased a new position in shares of Mondelez International during the 4th quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International during the fourth quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in shares of Mondelez International during the third quarter worth $32,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Mondelez International in the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Mondelez International stock opened at $61.42 on Friday. The company has a market cap of $78.84 billion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 2.30 and a beta of 0.39. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The stock’s 50-day moving average is $60.98 and its 200-day moving average is $59.00.

Mondelez International (NASDAQ:MDLZ) last posted 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 net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the company earned $0.76 EPS. The company’s revenue 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 anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s payout ratio is presently 99.50%.

Analyst Ratings Changes

A number of brokerages have issued reports on MDLZ. Freedom Capital lowered 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 note on Friday, May 29th. UBS Group increased their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Barclays raised their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, BTIG Research started coverage on shares of Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.44.

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.