BI Asset Management Fondsmaeglerselskab A S boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 62.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 94,504 shares of the company’s stock after buying an additional 36,280 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Mondelez International were worth $5,904,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Mondelez International by 4.7% in the second quarter. Wealthcare Advisory Partners LLC now owns 7,807 shares of the company’s stock valued at $526,000 after buying an additional 349 shares during the period. SteelPeak Wealth LLC bought a new position in Mondelez International in the second quarter valued at approximately $270,000. Venturi Wealth Management LLC grew its holdings in Mondelez International by 13.0% during the 2nd quarter. Venturi Wealth Management LLC now owns 7,780 shares of the company’s stock worth $525,000 after acquiring an additional 892 shares during the period. Finally, Leo Wealth LLC grew its holdings in Mondelez International by 33.1% during the 2nd quarter. Leo Wealth LLC now owns 9,701 shares of the company’s stock worth $654,000 after acquiring an additional 2,410 shares during the period. 78.32% of the stock is owned by institutional investors.
Mondelez International Price Performance
Shares of MDLZ opened at $60.02 on Friday. The stock has a 50 day simple moving average of $55.84 and a 200 day simple moving average of $59.47. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.37 and a current ratio of 0.59. The firm has a market capitalization of $77.45 billion, a PE ratio of 31.93, a P/E/G ratio of 2.52 and a beta of 0.38.
Mondelez International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio is presently 106.38%.
Analyst Upgrades and Downgrades
MDLZ has been the topic of a number of analyst reports. Barclays cut their price target on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Stifel Nicolaus reduced their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday. Mizuho cut their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada decreased their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Thirteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $67.44.
Check Out Our Latest Report on MDLZ
Key Stories Impacting Mondelez International
Here are the key news stories impacting Mondelez International this week:
- Positive Sentiment: TD Cowen raised its price target to $65 (from $62) and kept a Buy rating, supporting upside expectations after Mondelez’s recent beat and guidance. TD Cowen lifts PT to $65
- Positive Sentiment: Reports show a price-target raise to $65, signaling bullish analyst revisions. This adds upward pressure on the stock as investors re-rate Mondelez after solid quarterly results. Price Target Raised to $65
- Positive Sentiment: An additional note reported a price-target raise to $64, another sign of analyst optimism. Price Target Raised to $64
- Positive Sentiment: Jefferies published a Buy on MDLZ, which can drive short-term inflows as investors chase analyst-conviction buys. Jefferies Buy
- Neutral Sentiment: Mondelez expanded the CFO role to include COO responsibilities, a management move framed as addressing cost and growth pressures; investors will watch execution closely but the announcement signals proactive operational focus. CFO role expanded to COO
- Neutral Sentiment: D.A. Davidson reiterated a Neutral/Hold on MDLZ, reflecting balanced views on near-term catalysts versus valuation. DA Davidson reiterates Neutral
- Neutral Sentiment: Wall Street Zen moved its rating to Hold, reinforcing a mixed analyst stance despite some upgrades elsewhere. Wall Street Zen Hold
- Neutral Sentiment: Legislative proposals to expand plant-based school meals could shift demand dynamics for dairy and snack ingredients over time; impact on Mondelez is possible but uncertain and likely gradual. Plant-Powered School Meals Bill
- Negative Sentiment: JPMorgan trimmed its price target to $67, a headwind that may cap some near-term upside as investors weigh mixed analyst revisions. JPMorgan cuts PT to $67
- Negative Sentiment: Stifel reduced its price target to $68, another downward adjustment that contributes to mixed analyst signals. Stifel cuts PT to $68
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.
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