Profund Advisors LLC Grows Stock Holdings in Mondelez International, Inc. $MDLZ

Profund Advisors LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 8.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,320 shares of the company’s stock after acquiring an additional 8,802 shares during the quarter. Profund Advisors LLC’s holdings in Mondelez International were worth $6,315,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ProShare Advisors LLC raised its stake in Mondelez International by 38.4% during the 4th quarter. ProShare Advisors LLC now owns 2,241,758 shares of the company’s stock worth $120,674,000 after acquiring an additional 622,328 shares in the last quarter. Intrua Financial LLC raised its stake in Mondelez International by 6.5% during the 4th quarter. Intrua Financial LLC now owns 4,047 shares of the company’s stock worth $218,000 after acquiring an additional 247 shares in the last quarter. Integrated Investment Consultants LLC raised its stake in Mondelez International by 253.9% during the 4th quarter. Integrated Investment Consultants LLC now owns 12,422 shares of the company’s stock worth $669,000 after acquiring an additional 8,912 shares in the last quarter. Tucker Asset Management LLC acquired a new stake in Mondelez International during the 4th quarter worth $58,000. Finally, North Dakota State Investment Board acquired a new stake in Mondelez International during the 4th quarter worth $2,392,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Up 2.0%

Shares of Mondelez International stock opened at $61.64 on Tuesday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The company’s 50-day simple moving average is $58.27 and its 200-day simple moving average is $57.43. The firm has a market cap of $79.12 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of 2.37 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the previous year, the business posted $0.76 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities research analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Bank of America lifted their price target 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. Stifel Nicolaus cut their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Rothschild & Co Redburn reiterated a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. BTIG Research assumed coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Finally, Barclays lifted their price objective on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and an average target price of $67.05.

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.