Groupama Asset Managment Has $2.19 Million Stake in Mondelez International, Inc. $MDLZ

Groupama Asset Managment boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 45.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,964 shares of the company’s stock after acquiring an additional 11,846 shares during the quarter. Groupama Asset Managment’s holdings in Mondelez International were worth $2,188,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. J.Safra Asset Management Corp bought a new position in Mondelez International during the 4th quarter worth about $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at about $25,000. JPL Wealth Management LLC acquired a new position in shares of Mondelez International during the third quarter worth about $32,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International during the fourth quarter worth about $28,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $30,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on MDLZ shares. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Monday, July 20th. TD Cowen raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays lifted their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday. Finally, BTIG Research assumed coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.30.

Read Our Latest Research Report on MDLZ

Mondelez International News Roundup

Here are the key news stories impacting Mondelez International this week:

Mondelez International Price Performance

NASDAQ:MDLZ opened at $62.31 on Friday. 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 $79.98 billion, a P/E ratio of 22.91, a P/E/G ratio of 2.54 and a beta of 0.39. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.37 and a current ratio of 0.60. The stock’s 50-day simple moving average is $60.99 and its 200 day simple moving average is $59.55.

Mondelez International (NASDAQ:MDLZGet Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.04 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is currently 73.53%.

Mondelez International Company Profile

(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.

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

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