OVERSEA CHINESE BANKING Corp Ltd Acquires 9,786 Shares of Mondelez International, Inc. $MDLZ

OVERSEA CHINESE BANKING Corp Ltd increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 156.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,044 shares of the company’s stock after buying an additional 9,786 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Mondelez International were worth $868,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Capital International Investors raised its stake in Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. State Street Corp raised its stake in Mondelez International by 1.5% in the third quarter. State Street Corp now owns 60,309,117 shares of the company’s stock worth $3,797,087,000 after buying an additional 862,720 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Mondelez International by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock worth $977,337,000 after buying an additional 323,602 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Mondelez International by 6.0% in the third quarter. Invesco Ltd. now owns 14,722,661 shares of the company’s stock worth $919,725,000 after buying an additional 830,397 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MDLZ. TD Cowen reduced their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. DA Davidson reissued a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a research note on Wednesday, February 4th. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Argus raised shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. Finally, UBS Group cut their price target on shares of Mondelez International from $63.00 to $62.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Mondelez International has an average rating of “Moderate Buy” and an average price target of $66.47.

Mondelez International Stock Down 0.1%

MDLZ stock opened at $56.06 on Thursday. The firm has a 50 day moving average of $58.19 and a 200 day moving average of $57.59. The stock has a market capitalization of $71.86 billion, a PE ratio of 29.82, a price-to-earnings-growth ratio of 2.38 and a beta of 0.37. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. Mondelez International’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts forecast that Mondelez International, Inc. will post 3.03 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. Mondelez International’s payout ratio is 106.38%.

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is owned by company insiders.

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.