Verde Servicos Internacionais S.A. Invests $9.38 Million in Mondelez International, Inc. $MDLZ

Verde Servicos Internacionais S.A. acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the third quarter, Holdings Channel reports. The firm acquired 150,097 shares of the company’s stock, valued at approximately $9,377,000. Mondelez International accounts for about 2.7% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 16th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Mondelez International in the 2nd quarter worth approximately $1,239,834,000. First Trust Advisors LP lifted its position in Mondelez International by 197.9% during the second quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after acquiring an additional 2,701,229 shares during the last quarter. Federated Hermes Inc. boosted its stake in Mondelez International by 2,080.4% in the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock valued at $154,112,000 after acquiring an additional 2,353,841 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Mondelez International by 88.1% in the second quarter. Corient Private Wealth LLC now owns 4,312,887 shares of the company’s stock worth $290,862,000 after purchasing an additional 2,020,135 shares during the last quarter. Finally, Confluence Investment Management LLC increased its position in shares of Mondelez International by 324.5% during the third quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock worth $138,928,000 after purchasing an additional 1,699,980 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MDLZ. Morgan Stanley lowered their price objective on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Zacks Research downgraded Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Barclays dropped their price target on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. DA Davidson restated a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Mondelez International in a research note on Monday, January 26th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.44.

Mondelez International Trading Up 1.4%

Shares of NASDAQ:MDLZ opened at $61.47 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The stock has a market cap of $79.32 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 2.53 and a beta of 0.38. The business has a 50-day moving average price of $56.12 and a 200-day moving average price of $59.20.

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

Mondelez International Announces Dividend

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

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.