Headlands Technologies LLC Purchases Shares of 125,577 Mondelez International, Inc. $MDLZ

Headlands Technologies LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,577 shares of the company’s stock, valued at approximately $7,263,000. Mondelez International comprises 0.8% of Headlands Technologies LLC’s investment portfolio, making the stock its 20th largest holding.

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

Insider Activity at Mondelez International

In related news, CEO De Put Dirk Van sold 133,580 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of recent research reports. TD Cowen boosted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Barclays boosted 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. Jefferies Financial Group reissued a “buy” rating and issued a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, BNP Paribas Exane boosted their price target on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

Mondelez International Price Performance

Shares of MDLZ opened at $62.36 on Monday. The firm has a market cap of $79.59 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 2.53 and a beta of 0.38. The stock has a 50 day moving average of $61.44 and a 200-day moving average of $60.23. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The firm’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, analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio (DPR) is currently 73.53%.

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.