DJE Kapital AG Purchases 33,100 Shares of Mondelez International, Inc. $MDLZ

DJE Kapital AG raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 50.5% during the fourth quarter, Holdings Channel reports. The firm owned 98,700 shares of the company’s stock after buying an additional 33,100 shares during the quarter. DJE Kapital AG’s holdings in Mondelez International were worth $5,448,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MDLZ. OLD Republic International Corp grew its position in shares of Mondelez International by 156.6% in the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares during the period. VCI Wealth Management LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth about $970,000. E. Ohman J or Asset Management AB purchased a new stake in shares of Mondelez International in the 4th quarter worth about $2,629,000. Wealthfront Advisers LLC grew its position in shares of Mondelez International by 15.3% in the 4th quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after buying an additional 28,797 shares during the period. Finally, PKO Investment Management Joint Stock Co grew its position in shares of Mondelez International by 115.0% in the 4th quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after buying an additional 54,066 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MDLZ shares. Bank of America upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Wells Fargo & Company upped their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. Finally, Sanford C. Bernstein reduced their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $63.36 on Friday. The stock has a market cap of $81.33 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.51 and a beta of 0.38. The firm’s 50-day moving average is $60.04 and its 200 day moving average is $58.10. 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 announced 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. The company had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s payout ratio is presently 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.