Fairtree Asset Management Pty Ltd Purchases Shares of 18,520 Mondelez International, Inc. $MDLZ

Fairtree Asset Management Pty Ltd acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,520 shares of the company’s stock, valued at approximately $997,000.

Several other large investors have also recently modified their holdings of MDLZ. Vanguard Group Inc. lifted its position in Mondelez International by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after acquiring an additional 1,646,213 shares during the last quarter. Capital International Investors lifted its holdings in shares of Mondelez International by 9.7% during the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after purchasing an additional 6,958,868 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the last quarter. State Street Corp boosted its position in shares of Mondelez International by 1.5% in the 3rd quarter. State Street Corp now owns 60,309,117 shares of the company’s stock worth $3,797,087,000 after purchasing an additional 862,720 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Mondelez International by 2.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock worth $977,337,000 after purchasing an additional 323,602 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ opened at $61.29 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock has a 50-day moving average of $58.33 and a two-hundred day moving average of $57.46. The stock has a market cap of $78.67 billion, a P/E ratio of 30.49, a P/E/G ratio of 2.41 and a beta of 0.39. 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, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the company earned $0.76 earnings per share. The company’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. As a group, research analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on MDLZ shares. Deutsche Bank Aktiengesellschaft reduced their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Piper Sandler boosted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. TD Cowen upped their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley increased their price objective on shares of Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. 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’s stock. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target 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.