Mondelez International, Inc. $MDLZ Shares Purchased by TD Asset Management Inc

TD Asset Management Inc increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 794,058 shares of the company’s stock after acquiring an additional 19,151 shares during the period. TD Asset Management Inc owned approximately 0.06% of Mondelez International worth $42,744,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International during the 3rd quarter worth approximately $27,000. High Point Wealth Management LLC acquired a new position in Mondelez International during the 4th quarter worth approximately $30,000. McIlrath & Eck LLC acquired a new position in Mondelez International during the 4th quarter worth approximately $30,000. Navalign LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at approximately $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Mondelez International in the 3rd quarter valued at approximately $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ opened at $62.04 on Friday. The business’s 50 day moving average is $59.64 and its two-hundred day moving average is $57.89. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The firm has a market cap of $79.64 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 2.43 and a beta of 0.38. 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the previous year, the business earned $0.76 EPS. The business’s quarterly 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. Analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MDLZ. UBS Group upped their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Barclays upped their target price on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Bank of America upped their target price on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. upped their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

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.