North Star Asset Management Inc. Buys Shares of 27,451 Mondelez International, Inc. $MDLZ

North Star Asset Management Inc. acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,451 shares of the company’s stock, valued at approximately $1,588,000.

Other large investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC grew its position in shares of Mondelez International by 35.5% during the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after acquiring an additional 169 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Mondelez International by 3.5% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock valued at $292,000 after purchasing an additional 173 shares during the period. Granite Investment Partners LLC grew its position in Mondelez International by 0.6% in the 1st quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after purchasing an additional 177 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in Mondelez International by 2.1% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock worth $515,000 after purchasing an additional 179 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC increased its stake in shares of Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after purchasing an additional 180 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO De Put Dirk Van sold 133,580 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by corporate insiders.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $62.43 on Friday. The stock has a market cap of $79.68 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 2.56 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The stock’s 50 day moving average price is $61.39 and its 200 day moving average price is $60.22.

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

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, September 30th. Mondelez International’s payout ratio is currently 73.53%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of recent analyst reports. TD Cowen increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “buy” rating and issued a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. BNP Paribas Exane lifted their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Barclays upped their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.