Flossbach Von Storch SE Purchases New Stake in Mondelez International, Inc. $MDLZ

Flossbach Von Storch SE purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 75,386 shares of the company’s stock, valued at approximately $4,360,000.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Mondelez International in the 4th quarter valued at $1,010,020,000. Capital International Investors grew its stake in shares of Mondelez International by 10.7% in the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Mondelez International by 72.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after buying an additional 3,803,776 shares during the period. Finally, Bank of Montreal Can increased its position in shares of Mondelez International by 190.3% in the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after purchasing an additional 2,801,689 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MDLZ has been the topic of several recent analyst reports. Barclays increased their price target on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. TD Cowen upped their price objective on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. BNP Paribas Exane upped their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Stock Up 2.4%

MDLZ opened at $64.16 on Thursday. The firm has a market cap of $81.89 billion, a P/E ratio of 23.59, a PEG ratio of 2.55 and a beta of 0.38. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $61.18 and its 200 day simple moving average is $60.04.

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

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.2%. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is currently 73.53%.

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.