Mondelez International, Inc. $MDLZ Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 101.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 790,637 shares of the company’s stock after purchasing an additional 397,520 shares during the quarter. Mondelez International comprises about 2.8% of Liberty One Investment Management LLC’s portfolio, making the stock its 22nd biggest holding. Liberty One Investment Management LLC owned 0.06% of Mondelez International worth $49,390,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Mondelez International by 37.2% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock valued at $41,000 after acquiring an additional 163 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its stake in Mondelez International by 0.6% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after purchasing an additional 172 shares in the last quarter. Relyea Zuckerberg Hanson LLC boosted its stake in Mondelez International by 4.9% during the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 3,713 shares of the company’s stock valued at $250,000 after purchasing an additional 175 shares in the last quarter. RMR Wealth Builders increased its position in shares of Mondelez International by 3.6% during the 2nd quarter. RMR Wealth Builders now owns 5,079 shares of the company’s stock valued at $343,000 after purchasing an additional 176 shares during the period. Finally, Financial Perspectives Inc raised its stake in shares of Mondelez International by 22.9% in the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after buying an additional 176 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Evercore ISI lowered their target price on Mondelez International from $73.00 to $72.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Sanford C. Bernstein dropped their target price on shares of Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. JPMorgan Chase & Co. cut their target price on shares of Mondelez International from $74.00 to $71.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. DA Davidson decreased their price target on shares of Mondelez International from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Finally, UBS Group cut their price objective on Mondelez International from $69.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.26.

Mondelez International Trading Down 0.3%

Mondelez International stock opened at $54.92 on Tuesday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.37 and a current ratio of 0.61. The firm has a market capitalization of $70.87 billion, a price-to-earnings ratio of 20.57 and a beta of 0.39. The company has a 50 day moving average price of $55.21 and a 200 day moving average price of $60.70.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.01). The business had revenue of $9.74 billion for the quarter, compared to analysts’ expectations of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.95 EPS. Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. Research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Wednesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is currently 74.91%.

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.