Tobam Buys 35,011 Shares of Mondelez International, Inc. $MDLZ

Tobam increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 56.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 96,846 shares of the company’s stock after buying an additional 35,011 shares during the period. Mondelez International makes up about 1.3% of Tobam’s portfolio, making the stock its 27th biggest position. Tobam’s holdings in Mondelez International were worth $5,213,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $27,000. J.Safra Asset Management Corp bought a new position in Mondelez International during the fourth quarter worth $25,000. Advocate Investing Services LLC acquired a new position in Mondelez International in the fourth quarter valued at $25,000. JPL Wealth Management LLC bought a new stake in Mondelez International during the third quarter valued at $32,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Mondelez International during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MDLZ shares. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. BTIG Research initiated coverage on Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price target on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. TD Cowen lifted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Bank of America boosted their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $60.10 on Friday. The firm has a market capitalization of $77.15 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 2.35 and a beta of 0.38. The firm has a fifty day simple moving average of $60.46 and a two-hundred day simple moving average of $58.27. 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, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The business’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. Analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

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.