Swiss Life Asset Management Ltd Acquires 21,804 Shares of Mondelez International, Inc. $MDLZ

Swiss Life Asset Management Ltd raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 207,689 shares of the company’s stock after acquiring an additional 21,804 shares during the period. Swiss Life Asset Management Ltd’s holdings in Mondelez International were worth $12,013,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Whipplewood Advisors LLC grew its holdings in shares of Mondelez International by 35.5% during the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after purchasing an additional 169 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Mondelez International by 3.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock valued at $292,000 after purchasing an additional 173 shares in the last quarter. Granite Investment Partners LLC raised its stake in Mondelez International by 0.6% in the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock valued at $1,688,000 after purchasing an additional 177 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in Mondelez International by 2.1% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock valued at $515,000 after purchasing an additional 179 shares during the last quarter. Finally, Columbia Asset Management lifted its position in Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on MDLZ shares. Barclays increased their price target on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. BNP Paribas Exane lifted their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, UBS Group increased their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Trading Up 0.1%

MDLZ stock opened at $63.61 on Friday. The company has a market capitalization of $81.19 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 2.58 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company’s 50 day moving average price is $61.17 and its two-hundred day moving average price is $59.92.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. During the same quarter in the prior year, the company earned $0.73 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 73.53%.

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.