Nuveen LLC Grows Stock Holdings in Mondelez International, Inc. $MDLZ

Nuveen LLC boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.7% in the 4th quarter, Holdings Channel reports. The fund owned 11,963,099 shares of the company’s stock after purchasing an additional 319,422 shares during the period. Nuveen LLC’s holdings in Mondelez International were worth $643,974,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. Brighton Jones LLC grew its stake in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares during the period. United Bank grew its stake in shares of Mondelez International by 13.2% during the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares during the period. Sei Investments Co. grew its stake in shares of Mondelez International by 15.1% during the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after buying an additional 71,667 shares during the period. Osterweis Capital Management Inc. grew its stake in shares of Mondelez International by 4,470.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after buying an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC grew its stake in shares of Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after buying an additional 4,668 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 1.3%

Shares of Mondelez International stock opened at $63.36 on Friday. The company has a fifty day moving average price of $60.04 and a 200 day moving average price of $58.10. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. 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 $81.33 billion, a price-to-earnings ratio of 31.52, a price-to-earnings-growth ratio of 2.51 and a beta of 0.38.

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, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $0.76 EPS. The firm’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. Equities research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MDLZ. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. BTIG Research began coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective for the company. TD Cowen boosted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Sanford C. Bernstein lowered their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average 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.