Commerzbank Aktiengesellschaft FI Grows Position in Mondelez International, Inc. $MDLZ

Commerzbank Aktiengesellschaft FI lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 526,885 shares of the company’s stock after buying an additional 20,478 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Mondelez International were worth $28,362,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of MDLZ. JPMorgan Chase & Co. lifted its holdings in shares of Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. Capital International Investors grew its stake in shares of Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock worth $324,363,000 after buying an additional 2,637,287 shares in the last quarter. Federated Hermes Inc. increased its holdings in shares of Mondelez International by 2,080.4% in the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after buying an additional 2,353,841 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock worth $297,694,000 after buying an additional 1,849,482 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of a number of research reports. UBS Group boosted their target price 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. BTIG Research initiated coverage on shares of Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price on the stock. Wells Fargo & Company boosted their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. DA Davidson restated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a report on Wednesday, February 4th. Finally, Morgan Stanley boosted their target price on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Trading Down 0.9%

Shares of MDLZ opened at $60.44 on Friday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a market cap of $77.58 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.39 and a beta of 0.39. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company’s fifty day simple moving average is $58.20 and its 200-day simple moving average is $57.45.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Company 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.