NEOS Investment Management LLC Buys 87,650 Shares of Mondelez International, Inc. $MDLZ

NEOS Investment Management LLC lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 9.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 974,207 shares of the company’s stock after buying an additional 87,650 shares during the period. NEOS Investment Management LLC’s holdings in Mondelez International were worth $56,348,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. iSAM Funds UK Ltd bought a new stake in shares of Mondelez International in the 2nd quarter valued at about $1,620,000. Continuum Advisory LLC purchased a new position in Mondelez International in the 2nd quarter worth approximately $116,000. Nykredit A S bought a new stake in Mondelez International in the second quarter valued at approximately $18,700,000. Natural Investments LLC lifted its position in Mondelez International by 12.6% in the second quarter. Natural Investments LLC now owns 8,829 shares of the company’s stock valued at $510,000 after purchasing an additional 991 shares during the last quarter. Finally, XML Financial LLC boosted its stake in shares of Mondelez International by 5.9% during the second quarter. XML Financial LLC now owns 13,421 shares of the company’s stock valued at $776,000 after purchasing an additional 749 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $61.45 on Friday. The business has a 50 day moving average of $61.52 and a 200 day moving average of $60.24. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a market cap of $78.43 billion, a PE ratio of 22.59, a P/E/G ratio of 2.44 and a beta of 0.39. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. The business 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 in the previous year, the business posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities research analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s payout ratio is presently 73.53%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a report on Wednesday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Finally, TD Cowen upped their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Insider Buying and Selling at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at $85,001,351.04. The trade was a 9.15% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company’s stock.

Mondelez International Company 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.