Capital Management Associates Inc Invests $409,000 in Mondelez International, Inc. $MDLZ

Capital Management Associates Inc bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,058 shares of the company’s stock, valued at approximately $409,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Brighton Jones LLC increased its stake in shares of Mondelez International by 92.4% in 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. Wedge Capital Management L L P NC acquired a new position in shares of Mondelez International in the first quarter valued at approximately $228,000. Farther Finance Advisors LLC increased its stake in shares of Mondelez International by 32.2% in the first quarter. Farther Finance Advisors LLC now owns 15,926 shares of the company’s stock valued at $1,077,000 after buying an additional 3,879 shares during the period. Pallas Capital Advisors LLC increased its stake in shares of Mondelez International by 15.9% in the first quarter. Pallas Capital Advisors LLC now owns 10,567 shares of the company’s stock valued at $717,000 after buying an additional 1,452 shares during the period. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Mondelez International by 9.3% in the first quarter. Harbor Capital Advisors Inc. now owns 22,134 shares of the company’s stock valued at $1,502,000 after buying an additional 1,876 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $61.66 on Thursday. The company has a market cap of $79.78 billion, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 4.74 and a beta of 0.45. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $72.70. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of $62.41 and a 200-day moving average of $65.50.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $8.98 billion during the quarter, compared to the consensus estimate of $8.82 billion. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 EPS. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.50 per share. This is a positive change from Mondelez International’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is 73.26%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MDLZ shares. Piper Sandler upped their price objective on Mondelez International from $66.00 to $67.00 and gave the company a “neutral” rating in a research note on Wednesday, July 30th. Sanford C. Bernstein increased their target price on shares of Mondelez International from $79.00 to $88.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research report on Friday, August 1st. Jefferies Financial Group raised shares of Mondelez International from a “hold” rating to a “buy” rating and increased their target price for the company from $66.00 to $78.00 in a research report on Thursday, July 17th. Finally, Berenberg Bank downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a research report on Thursday, October 2nd. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $71.55.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.