Oregon Public Employees Retirement Fund lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 7.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 157,813 shares of the company’s stock after purchasing an additional 11,000 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Mondelez International were worth $9,128,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of MDLZ. Brighton Jones LLC grew its holdings in shares of Mondelez International by 92.4% during the fourth 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 during the last quarter. United Bank raised its stake in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after acquiring an additional 3,070 shares during the last quarter. Sei Investments Co. lifted its position in Mondelez International by 15.1% during the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after acquiring an additional 71,667 shares during the period. Osterweis Capital Management Inc. lifted its position in Mondelez International by 4,470.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after acquiring an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC grew its stake in Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have recently weighed in on MDLZ. BNP Paribas Exane increased their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Barclays lifted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. TD Cowen upped their target price on Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Freedom Capital downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.
Mondelez International Trading Up 0.1%
Shares of MDLZ stock opened at $63.61 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 market cap of $81.19 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.58 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The stock has a 50 day simple moving average of $61.17 and a 200-day simple moving average of $59.92.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion for 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 firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.
Mondelez International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.
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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