Rakuten Investment Management Inc. Buys 224,047 Shares of Mondelez International, Inc. $MDLZ

Rakuten Investment Management Inc. raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1,360.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 240,518 shares of the company’s stock after purchasing an additional 224,047 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Mondelez International were worth $13,238,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. L2 Asset Management LLC grew its stake in Mondelez International by 6.9% in the fourth quarter. L2 Asset Management LLC now owns 6,487 shares of the company’s stock valued at $349,000 after purchasing an additional 418 shares in the last quarter. TritonPoint Partners LLC bought a new position in shares of Mondelez International during the 4th quarter worth approximately $410,000. Piedmont Capital Management LLC NC bought a new position in shares of Mondelez International during the 4th quarter worth approximately $300,000. Sargent Investment Group LLC bought a new position in shares of Mondelez International during the 4th quarter worth approximately $287,000. Finally, Focus Partners Wealth lifted its holdings in Mondelez International by 4.9% during the 4th quarter. Focus Partners Wealth now owns 1,268,955 shares of the company’s stock valued at $68,412,000 after purchasing an additional 59,000 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group raised their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. One 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Stock Performance

MDLZ opened at $61.50 on Tuesday. The business has a fifty day simple moving average of $60.24 and a 200 day simple moving average of $58.18. The company has a market capitalization of $78.94 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 2.47 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

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

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid 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 payout ratio is 99.50%.

Mondelez International 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.