Mondelez International, Inc. $MDLZ Shares Purchased by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 9.8% during the second quarter, Holdings Channel reports. The institutional investor owned 217,510 shares of the company’s stock after acquiring an additional 19,400 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Mondelez International were worth $12,581,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MDLZ. OLD Republic International Corp boosted its stake in Mondelez International by 156.6% during the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after buying an additional 252,700 shares in the last quarter. Allstate Corp raised its position in Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after acquiring an additional 50,562 shares in the last quarter. VCI Wealth Management LLC bought a new stake in Mondelez International in the fourth quarter worth about $970,000. BNP Paribas Financial Markets lifted its holdings in Mondelez International by 41.0% in the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock valued at $215,677,000 after acquiring an additional 1,166,036 shares during the last quarter. Finally, PKO Investment Management Joint Stock Co lifted its holdings in Mondelez International by 115.0% in the 4th 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 last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

NASDAQ MDLZ opened at $62.61 on Friday. 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 1 year low of $51.20 and a 1 year high of $66.65. The company has a market cap of $80.37 billion, a PE ratio of 23.02, a PEG ratio of 2.55 and a beta of 0.38. The stock’s 50-day moving average price is $61.05 and its two-hundred day moving average price is $59.76.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the company posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is currently 73.53%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MDLZ shares. Bank of America lifted their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. TD Cowen increased their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, JPMorgan Chase & Co. increased their price objective on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.30.

Read Our Latest Report on Mondelez International

Mondelez International Profile

(Free Report)

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.

See Also

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

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