iA Global Asset Management Inc. boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 7.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 166,230 shares of the company’s stock after acquiring an additional 11,934 shares during the period. iA Global Asset Management Inc.’s holdings in Mondelez International were worth $8,948,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Mondelez International by 92.4% in the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares in the last quarter. United Bank boosted its holdings in shares of Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after buying an additional 3,070 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after buying an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. boosted its holdings in shares of Mondelez International by 4,470.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after buying an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Mondelez International by 144.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after buying an additional 4,668 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.
Analysts Set New Price Targets
MDLZ has been the subject of several research analyst reports. DA Davidson restated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a report on Wednesday, February 4th. Argus upgraded shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Morgan Stanley upped their target price on shares of Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, TD Cowen upped their target price on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.
Mondelez International Price Performance
MDLZ stock opened at $60.44 on Monday. The company has a fifty day moving average price of $58.20 and a 200 day moving average price of $57.42. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a market cap of $77.58 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. Mondelez International’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.
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.
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