New Age Alpha Advisors LLC Acquires 10,313 Shares of Mondelez International, Inc. $MDLZ

New Age Alpha Advisors LLC lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,607 shares of the company’s stock after purchasing an additional 10,313 shares during the period. New Age Alpha Advisors LLC’s holdings in Mondelez International were worth $3,047,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after acquiring an additional 10,137,457 shares during the period. Capital International Investors raised its stake in Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after acquiring an additional 6,958,868 shares during the period. Van ECK Associates Corp raised its stake in Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after acquiring an additional 2,637,287 shares during the period. Federated Hermes Inc. raised its stake in Mondelez International by 2,080.4% in the 3rd 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 during the period. Finally, CIBC Private Wealth Group LLC raised its stake in Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after acquiring an additional 1,849,482 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MDLZ. Stifel Nicolaus lowered their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Morgan Stanley boosted their price objective on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective on the stock. Sanford C. Bernstein lowered their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Finally, Barclays boosted their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Trading Down 0.8%

Shares of MDLZ opened at $61.24 on Wednesday. The business’s 50-day moving average price is $58.91 and its 200-day moving average price is $57.63. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a market cap of $78.61 billion, a PE ratio of 30.47, a P/E/G ratio of 2.42 and a beta of 0.39. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the business posted $0.76 earnings per share. The company’s revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is currently 99.50%.

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.