925,810 Shares in Mondelez International, Inc. $MDLZ Acquired by Junto Capital Management LP

Junto Capital Management LP purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 925,810 shares of the company’s stock, valued at approximately $53,549,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its holdings in Mondelez International by 5,745.7% during the second quarter. California State Teachers Retirement System now owns 118,967,163 shares of the company’s stock worth $6,881,061,000 after purchasing an additional 116,932,023 shares in the last quarter. Norges Bank acquired a new position in shares of Mondelez International in the 4th quarter valued at $1,010,020,000. Capital International Investors grew its position in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after buying an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Mondelez International by 12.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after buying an additional 3,993,811 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after acquiring an additional 3,803,776 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. TD Cowen boosted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. BNP Paribas Exane boosted their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, Barclays lifted their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $62.42 on Thursday. The stock’s 50-day moving average price is $61.69 and its 200 day moving average price is $60.28. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $79.67 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. During the same period last year, the firm earned $0.73 EPS. The firm’s revenue for the quarter 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, equities research analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s dividend payout ratio is 73.53%.

Insider Buying and Selling at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of Mondelez International stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares in the company, valued at $85,001,351.04. This trade represents a 9.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by corporate insiders.

Mondelez International Company Profile

Mondelez International, Inc is a global snack-food company headquartered in Chicago, Illinois. The company develops, manufactures, markets and distributes branded snacks, including biscuits, cookies, crackers, chocolate, candy, baked snacks and powdered beverages.

Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, Cadbury, Milka, Toblerone, Sour Patch Kids, Trident and Clif Bar. Mondelez sells its products through grocery stores, convenience stores, mass merchandisers, e-commerce platforms and other retail channels.

Mondelez was established in 2012 following the separation of Kraft Foods’ global snacks business from its North American grocery operations.