Cambridge Investment Research Advisors Inc. Acquires 13,148 Shares of Mondelez International, Inc. $MDLZ

Cambridge Investment Research Advisors Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 9.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 158,385 shares of the company’s stock after purchasing an additional 13,148 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Mondelez International were worth $9,161,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC grew its position in Mondelez International by 92.4% during the fourth 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 period. United Bank raised its position 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 period. 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 last quarter. 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 last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after acquiring an additional 4,668 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. TD Cowen boosted their target price on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upped their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $63.53 on Friday. The company’s 50 day moving average is $61.14 and its 200-day moving average is $59.90. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month 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. The firm has a market cap of $81.08 billion, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The company had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. Mondelez International’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given 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 3.1%. Mondelez International’s dividend payout ratio is currently 73.53%.

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.