Infusive Asset Management Inc. Purchases 25,497 Shares of Mondelez International, Inc. $MDLZ

Infusive Asset Management Inc. increased its position in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 48.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,527 shares of the company’s stock after buying an additional 25,497 shares during the quarter. Mondelez International comprises 1.8% of Infusive Asset Management Inc.’s holdings, making the stock its 26th largest position. Infusive Asset Management Inc.’s holdings in Mondelez International were worth $4,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of MDLZ. J.Safra Asset Management Corp bought a new stake in Mondelez International in the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International in the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International in the 3rd quarter worth approximately $27,000. High Point Wealth Management LLC bought a new stake in Mondelez International in the 4th quarter worth approximately $30,000. Finally, McIlrath & Eck LLC bought a new stake in Mondelez International in the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $62.99 on Friday. 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, Inc. has a one year low of $51.20 and a one year high of $71.15. The stock has a market capitalization of $80.86 billion, a P/E ratio of 31.34, a price-to-earnings-growth ratio of 2.47 and a beta of 0.38. The business’s 50 day simple moving average is $60.16 and its two-hundred day simple moving average is $58.13.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its 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. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the firm earned $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. Analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s payout ratio is 99.50%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MDLZ. BTIG Research began coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Barclays lifted their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Bank of America lifted their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. One investment 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Check Out Our Latest Analysis on Mondelez International

About Mondelez International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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