40,372 Mondelez International, Inc. $MDLZ Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 33.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 159,801 shares of the company’s stock after acquiring an additional 40,372 shares during the quarter. Yousif Capital Management LLC’s holdings in Mondelez International were worth $9,240,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Kintegral Advisory LLC lifted its position in shares of Mondelez International by 0.6% in the third quarter. Kintegral Advisory LLC now owns 28,215 shares of the company’s stock worth $1,646,000 after purchasing an additional 159 shares in the last quarter. Strategy Asset Managers LLC grew its position in Mondelez International by 2.2% in the third quarter. Strategy Asset Managers LLC now owns 7,505 shares of the company’s stock valued at $434,000 after purchasing an additional 160 shares in the last quarter. WealthPlan Investment Management LLC grew its position in Mondelez International by 3.2% in the third quarter. WealthPlan Investment Management LLC now owns 5,124 shares of the company’s stock valued at $296,000 after purchasing an additional 160 shares in the last quarter. 55 North Private Wealth LLC grew its position in Mondelez International by 3.8% in the third quarter. 55 North Private Wealth LLC now owns 4,622 shares of the company’s stock valued at $267,000 after purchasing an additional 168 shares in the last quarter. Finally, Whipplewood Advisors LLC grew its position in Mondelez International by 35.5% in the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $63.80 on Friday. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The firm has a fifty day simple moving average of $61.79 and a 200 day simple moving average of $61.02. The stock has a market capitalization of $81.43 billion, a PE ratio of 23.46, a P/E/G ratio of 2.47 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ – Get Free Report) 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. The business had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.52 per share. The ex-dividend date was Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio (DPR) is presently 76.47%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several recent research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $73.00 price target (up from $70.00) on shares of Mondelez International in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. UBS Group lifted their target price on Mondelez International from $64.00 to $68.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. HSBC lifted their target price on Mondelez International from $71.00 to $72.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, BNP Paribas Exane upped their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.86.

Check Out Our Latest Research Report on MDLZ

Insider Activity

In other news, CEO Dirk Van de Put sold 133,580 shares of the company’s 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 directly owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company’s stock.

About Mondelez International

(Free Report)

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.

Further Reading

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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