Candriam S.C.A. Has $36.76 Million Holdings in Mondelez International, Inc. $MDLZ

Candriam S.C.A. decreased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 29.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 588,417 shares of the company’s stock after selling 250,528 shares during the quarter. Candriam S.C.A.’s holdings in Mondelez International were worth $36,758,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Soundwatch Capital LLC acquired a new position in Mondelez International during the second quarter worth $27,000. Rossby Financial LCC increased its position in shares of Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after acquiring an additional 406 shares in the last quarter. Aspect Partners LLC raised its holdings in shares of Mondelez International by 180.5% in the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after acquiring an additional 305 shares during the last quarter. Richardson Financial Services Inc. lifted its position in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in Mondelez International by 60.3% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after purchasing an additional 196 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on MDLZ. Stifel Nicolaus lowered their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Royal Bank Of Canada lowered their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. Bank of America dropped their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. UBS Group reduced their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Finally, Wells Fargo & Company increased their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.44.

Mondelez International Stock Up 1.2%

Shares of NASDAQ:MDLZ opened at $60.73 on Tuesday. The company has a market capitalization of $78.36 billion, a PE ratio of 32.30, a price-to-earnings-growth ratio of 2.51 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The business has a fifty day moving average price of $55.92 and a two-hundred day moving average price of $59.25. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

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.