Lindsell Train Ltd Has $205.31 Million Position in Mondelez International, Inc. $MDLZ

Lindsell Train Ltd lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 20.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,561,964 shares of the company’s stock after selling 917,890 shares during the quarter. Mondelez International accounts for about 6.5% of Lindsell Train Ltd’s investment portfolio, making the stock its 7th biggest holding. Lindsell Train Ltd owned 0.28% of Mondelez International worth $205,312,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Mondelez International in the fourth quarter worth approximately $1,010,020,000. Capital International Investors boosted its holdings in Mondelez International by 10.7% in the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Mondelez International by 12.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Mondelez International by 72.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after purchasing an additional 3,803,776 shares during the last quarter. Finally, Bank of Montreal Can grew its position in Mondelez International by 190.3% in the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock worth $230,062,000 after purchasing an additional 2,801,689 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Up 2.6%

MDLZ stock opened at $59.35 on Thursday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month 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 stock has a market cap of $76.18 billion, a P/E ratio of 29.53, a PEG ratio of 2.26 and a beta of 0.39. The business’s 50-day moving average price is $60.86 and its 200-day moving average price is $58.59.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the firm posted $0.76 EPS. The firm’s quarterly 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. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio is 99.50%.

Analyst Ratings Changes

MDLZ has been the topic of several research analyst reports. BTIG Research initiated coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. UBS Group raised their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Barclays boosted their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Mondelez International currently 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.