Mondelez International, Inc. $MDLZ Shares Acquired by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 380,307 shares of the company’s stock after buying an additional 21,612 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Mondelez International were worth $21,997,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MDLZ. Norges Bank bought a new stake in shares of Mondelez International in the 4th quarter valued at approximately $1,010,020,000. Capital International Investors raised its position in shares of Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Mondelez International by 72.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after purchasing an additional 3,803,776 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in Mondelez International by 190.3% in the fourth quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock worth $230,062,000 after purchasing an additional 2,801,689 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MDLZ. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. BNP Paribas Exane lifted their price target on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. TD Cowen raised their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Barclays lifted their target price on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $67.30.

Insider Activity

In other news, CEO De Put Dirk Van sold 133,580 shares of Mondelez International stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company’s stock.

Mondelez International Stock Down 0.1%

MDLZ stock opened at $62.36 on Friday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a market capitalization of $79.59 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38. The firm’s 50-day moving average is $61.44 and its two-hundred day moving average is $60.23. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

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

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is 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.