Varma Mutual Pension Insurance Co Increases Stake in Mondelez International, Inc. $MDLZ

Varma Mutual Pension Insurance Co lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,165 shares of the company’s stock after acquiring an additional 24,100 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Mondelez International were worth $18,439,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AlphaStar Capital Management LLC purchased a new position in Mondelez International in the second quarter valued at about $1,336,000. Asset Management One Co. Ltd. boosted its holdings in shares of Mondelez International by 3.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock valued at $45,411,000 after buying an additional 22,194 shares in the last quarter. Deprince Race & Zollo Inc. boosted its holdings in shares of Mondelez International by 70.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock valued at $29,302,000 after buying an additional 193,956 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of Mondelez International by 32.2% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock worth $9,240,000 after buying an additional 36,037 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Mondelez International by 8.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after acquiring an additional 46,182 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MDLZ shares. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Stifel Nicolaus lowered their price objective on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Zacks Research lowered Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Royal Bank Of Canada decreased their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Finally, Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Thirteen investment 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.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $67.75.

Mondelez International Stock Performance

Shares of MDLZ opened at $61.86 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The stock has a 50-day moving average of $56.25 and a two-hundred day moving average of $59.21. The stock has a market cap of $79.82 billion, a P/E ratio of 32.90, a P/E/G ratio of 2.57 and a beta of 0.38. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same period last year, the business posted $0.65 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

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.