Cibc World Market Inc. Grows Stock Position in Mondelez International, Inc. $MDLZ

Cibc World Market Inc. grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 99.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 661,655 shares of the company’s stock after buying an additional 330,046 shares during the quarter. Cibc World Market Inc. owned 0.05% of Mondelez International worth $41,334,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. lifted its position in Mondelez International by 0.6% in the third quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after purchasing an additional 172 shares during the period. Financial Perspectives Inc raised its stake in shares of Mondelez International by 22.9% during the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after buying an additional 176 shares in the last quarter. West Michigan Advisors LLC lifted its holdings in shares of Mondelez International by 3.4% in the 2nd quarter. West Michigan Advisors LLC now owns 5,445 shares of the company’s stock valued at $370,000 after buying an additional 180 shares during the period. Salomon & Ludwin LLC lifted its holdings in shares of Mondelez International by 2.5% in the 2nd quarter. Salomon & Ludwin LLC now owns 7,497 shares of the company’s stock valued at $521,000 after buying an additional 181 shares during the period. Finally, Cidel Asset Management Inc. boosted its stake in shares of Mondelez International by 2.0% in the second quarter. Cidel Asset Management Inc. now owns 9,333 shares of the company’s stock valued at $629,000 after buying an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ stock opened at $61.47 on Thursday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The stock’s fifty day simple moving average is $56.12 and its 200-day simple moving average is $59.20. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $79.32 billion, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 2.53 and a beta of 0.38.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders 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 yield of 3.3%. The ex-dividend date was Wednesday, December 31st. Mondelez International’s dividend payout ratio is 106.38%.

Analyst Ratings Changes

Several brokerages have commented on MDLZ. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. UBS Group reduced their price objective on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. DA Davidson restated a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. Morgan Stanley reduced their price target on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Finally, Piper Sandler boosted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.44.

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.