Neo Ivy Capital Management Buys New Stake in Mondelez International, Inc. $MDLZ

Neo Ivy Capital Management bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the third quarter, HoldingsChannel reports. The institutional investor bought 9,574 shares of the company’s stock, valued at approximately $598,000.

Other large investors also recently added to or reduced their stakes in the company. Soundwatch Capital LLC purchased a new position in shares of Mondelez International during the second quarter worth $27,000. Richardson Financial Services Inc. raised its holdings in shares of 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 buying an additional 282 shares during the period. Halbert Hargrove Global Advisors LLC raised its holdings in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after buying an additional 196 shares during the period. Traub Capital Management LLC acquired a new position in Mondelez International during the 2nd quarter worth about $37,000. Finally, GGM Financials LLC acquired a new position in Mondelez International during the 3rd quarter worth about $41,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Mondelez International Trading Up 0.4%

MDLZ opened at $58.40 on Monday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock has a market capitalization of $74.86 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 2.43 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 $58.07 and a 200 day moving average price of $58.77.

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 the consensus estimate 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 return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Mizuho dropped their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Argus raised shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. TD Cowen dropped their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.06.

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.