Commerzbank Aktiengesellschaft FI Acquires 56,510 Shares of Mondelez International, Inc. $MDLZ

Commerzbank Aktiengesellschaft FI increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 506,407 shares of the company’s stock after acquiring an additional 56,510 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Mondelez International were worth $31,635,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MDLZ. Brighton Jones LLC lifted its position in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares during the period. McAdam LLC lifted its holdings in shares of Mondelez International by 18.7% during the second quarter. McAdam LLC now owns 4,376 shares of the company’s stock valued at $295,000 after acquiring an additional 688 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of Mondelez International by 3.1% during the second quarter. Perigon Wealth Management LLC now owns 13,124 shares of the company’s stock valued at $885,000 after acquiring an additional 393 shares during the period. Banque Pictet & Cie SA boosted its stake in shares of Mondelez International by 8.0% in the 2nd quarter. Banque Pictet & Cie SA now owns 105,836 shares of the company’s stock valued at $7,138,000 after purchasing an additional 7,869 shares in the last quarter. Finally, Congress Asset Management Co. grew its holdings in shares of Mondelez International by 1.4% in the 2nd quarter. Congress Asset Management Co. now owns 142,017 shares of the company’s stock worth $9,578,000 after purchasing an additional 2,013 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Up 1.4%

NASDAQ MDLZ opened at $58.40 on Friday. The stock has a market capitalization of $75.36 billion, a P/E ratio of 21.87 and a beta of 0.39. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.37 and a current ratio of 0.61. The stock has a fifty day moving average of $55.34 and a 200-day moving average of $60.05.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.01). The firm had revenue of $9.74 billion during the quarter, compared to the consensus estimate of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. Mondelez International’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 EPS. Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s payout ratio is 74.91%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of recent analyst reports. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Sanford C. Bernstein cut their target price on shares of Mondelez International from $85.00 to $84.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. JPMorgan Chase & Co. reduced their target price on Mondelez International from $71.00 to $69.00 and set an “overweight” rating on the stock in a report on Wednesday. Morgan Stanley dropped their price target on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Finally, Bank of America cut their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Fourteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.11.

About Mondelez International

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.