Caprock Group LLC Invests $3.61 Million in Mondelez International, Inc. $MDLZ

Caprock Group LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 58,686 shares of the company’s stock, valued at approximately $3,606,000.

A number of other large investors also recently bought and sold shares of MDLZ. State Street Corp lifted its position in shares of Mondelez International by 1.1% during the second quarter. State Street Corp now owns 59,446,397 shares of the company’s stock worth $4,036,594,000 after purchasing an additional 670,634 shares during the last quarter. Geode Capital Management LLC increased its stake in Mondelez International by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 28,951,049 shares of the company’s stock worth $1,943,170,000 after buying an additional 242,695 shares during the period. Norges Bank bought a new stake in Mondelez International during the 2nd quarter valued at about $1,239,834,000. Invesco Ltd. boosted its position in Mondelez International by 10.7% in the 2nd quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock valued at $936,894,000 after buying an additional 1,345,078 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Mondelez International by 1.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,096,303 shares of the company’s stock valued at $546,015,000 after buying an additional 145,442 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several research analyst reports. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. TD Cowen decreased their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Bank of America lowered their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. Wells Fargo & Company raised their price target on Mondelez International from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Piper Sandler lifted their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $67.44.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $61.47 on Thursday. The company has a market capitalization of $79.32 billion, a PE ratio of 32.70, a P/E/G ratio of 2.53 and a beta of 0.38. The company has a 50-day simple moving average of $56.12 and a two-hundred day simple moving average of $59.20. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, December 31st. Mondelez International’s dividend payout ratio is currently 106.38%.

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.