Global Retirement Partners LLC Invests $1.08 Million in Mondelez International, Inc. $MDLZ

Global Retirement Partners LLC acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 18,741 shares of the company’s stock, valued at approximately $1,084,000.

Other institutional investors and hedge funds have also modified their holdings of the company. J.Safra Asset Management Corp bought a new stake in Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new position in Mondelez International in the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC bought a new position in Mondelez International in the third quarter valued at approximately $32,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International in the fourth quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the fourth quarter valued at approximately $30,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $62.66 on Wednesday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The company’s fifty day simple moving average is $61.18 and its 200-day simple moving average is $59.99. The firm has a market cap of $79.97 billion, a PE ratio of 23.04, a P/E/G ratio of 2.59 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.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter last year, the firm earned $0.73 earnings per share. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be given a $0.52 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MDLZ shares. UBS Group increased their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. TD Cowen upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” 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. JPMorgan Chase & Co. lifted their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Barclays boosted their price target on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One investment 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. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average 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.