Swiss Life Asset Management Ltd Buys 21,804 Shares of Mondelez International, Inc. $MDLZ

Swiss Life Asset Management Ltd boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 207,689 shares of the company’s stock after purchasing an additional 21,804 shares during the period. Swiss Life Asset Management Ltd’s holdings in Mondelez International were worth $12,013,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. Norges Bank purchased a new stake in shares of Mondelez International during the fourth quarter valued at approximately $1,010,020,000. Capital International Investors increased its stake in shares of 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 buying an additional 8,382,270 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of 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 buying an additional 3,993,811 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Mondelez International by 72.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after buying an additional 3,803,776 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in Mondelez International by 190.3% during the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after buying an additional 2,801,689 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.1%

MDLZ opened at $63.61 on Friday. The stock has a market cap of $81.19 billion, a PE ratio of 23.39, a PEG ratio of 2.58 and a beta of 0.38. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The business has a 50 day moving average of $61.17 and a 200-day moving average of $59.92. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65.

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 company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s payout ratio is 73.53%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Freedom Capital lowered shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. BNP Paribas Exane upped their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 target price on shares of Mondelez International in a report on Wednesday, July 29th. Barclays raised their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.30.

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.