Arwa LLC Buys Shares of 20,300 Mondelez International, Inc. $MDLZ

Arwa LLC purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, HoldingsChannel reports. The firm purchased 20,300 shares of the company’s stock, valued at approximately $1,093,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MDLZ. OLD Republic International Corp increased its stake in shares of Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after purchasing an additional 252,700 shares in the last quarter. VCI Wealth Management LLC purchased a new stake in Mondelez International in the 4th quarter valued at approximately $970,000. E. Ohman J or Asset Management AB acquired a new stake in Mondelez International during the 4th quarter valued at $2,629,000. Allstate Corp grew its holdings in Mondelez International by 107.7% during the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after buying an additional 50,562 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its position in Mondelez International by 15.3% during the fourth quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after buying an additional 28,797 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Mondelez International stock opened at $60.10 on Friday. The firm has a market capitalization of $77.15 billion, a P/E ratio of 29.90, a PEG ratio of 2.35 and a beta of 0.38. The stock has a fifty day moving average price of $60.46 and a 200 day moving average price of $58.27. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analysts Set New Price Targets

Several analysts have recently issued reports on MDLZ shares. Bank of America upped their price objective on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Rothschild & Co Redburn restated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

About Mondelez International

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.