ClearAlpha Technologies LP raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 415.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,474 shares of the company’s stock after purchasing an additional 44,703 shares during the period. Mondelez International accounts for about 8.5% of ClearAlpha Technologies LP’s holdings, making the stock its biggest position. ClearAlpha Technologies LP’s holdings in Mondelez International were worth $2,986,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in the stock. OLD Republic International Corp boosted its holdings in shares of Mondelez International by 156.6% in the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after acquiring an additional 252,700 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $970,000. E. Ohman J or Asset Management AB acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $2,629,000. Allstate Corp boosted its holdings in shares of Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after acquiring an additional 50,562 shares during the period. Finally, PKO Investment Management Joint Stock Co boosted its holdings in shares of Mondelez International by 115.0% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock valued at $5,440,000 after acquiring an additional 54,066 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on MDLZ. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. UBS Group increased their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Sanford C. Bernstein decreased their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.
Mondelez International Price Performance
Shares of NASDAQ MDLZ opened at $60.86 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The stock has a fifty day moving average price of $60.38 and a 200 day moving average price of $58.24. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a market cap of $78.12 billion, a PE ratio of 30.28, a P/E/G ratio of 2.43 and a beta of 0.38.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the company earned $0.76 earnings per share. The company’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 forecast that Mondelez International, Inc. will post 3.06 EPS for the current year.
Mondelez International Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio is presently 99.50%.
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.
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