Czech National Bank Boosts Position in Mondelez International, Inc. $MDLZ

Czech National Bank raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 365,376 shares of the company’s stock after acquiring an additional 16,271 shares during the quarter. Czech National Bank’s holdings in Mondelez International were worth $21,133,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. J.Safra Asset Management Corp purchased a new position in shares of Mondelez International in the 4th quarter valued at $25,000. Advocate Investing Services LLC purchased a new stake in Mondelez International during the 4th quarter worth $25,000. Kemnay Advisory Services Inc. purchased a new stake in Mondelez International during the 4th quarter worth $28,000. High Point Wealth Management LLC acquired a new stake in Mondelez International in the 4th quarter valued at $30,000. Finally, McIlrath & Eck LLC acquired a new stake in Mondelez International in the 4th quarter valued at $30,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Down 0.2%

Shares of Mondelez International stock opened at $62.61 on Friday. The business has a 50-day moving average of $61.05 and a 200-day moving average of $59.76. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The company has a market capitalization of $80.37 billion, a PE ratio of 23.02, a P/E/G ratio of 2.55 and a beta of 0.38. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same quarter in the previous year, the firm posted $0.73 earnings per share. The company’s revenue was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid 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 was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 73.53%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MDLZ shares. Jefferies Financial Group restated a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. BNP Paribas Exane increased their target price on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. TD Cowen boosted their price target on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Freedom Capital downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.