Daiwa Securities Group Inc. Has $25.90 Million Stock Position in Mondelez International, Inc. $MDLZ

Daiwa Securities Group Inc. grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 30.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 447,760 shares of the company’s stock after acquiring an additional 105,278 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Mondelez International were worth $25,898,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Whipplewood Advisors LLC increased its position in shares of Mondelez International by 35.5% during the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in Mondelez International by 3.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock worth $292,000 after purchasing an additional 173 shares during the period. Granite Investment Partners LLC boosted its stake in Mondelez International by 0.6% during the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after buying an additional 177 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in Mondelez International by 2.1% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock worth $515,000 after buying an additional 179 shares in the last quarter. Finally, Columbia Asset Management increased its holdings in Mondelez International by 1.3% in the 4th quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after buying an additional 180 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Up 0.1%

Shares of MDLZ opened at $63.61 on Friday. The stock’s fifty day simple moving average is $61.17 and its 200-day simple moving average is $59.92. The firm has a market capitalization of $81.19 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38. 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.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, research analysts predict 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. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is 73.53%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 target price on shares of Mondelez International in a research report on Wednesday, July 29th. BNP Paribas Exane upped their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Freedom Capital lowered shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, UBS Group increased their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

About Mondelez International

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.