Mondelez International, Inc. $MDLZ Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 14.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,785 shares of the company’s stock after purchasing an additional 13,821 shares during the quarter. Public Sector Pension Investment Board’s holdings in Mondelez International were worth $6,983,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. State Street Corp grew its stake in Mondelez International by 1.1% during the 2nd quarter. State Street Corp now owns 59,446,397 shares of the company’s stock valued at $4,036,594,000 after purchasing an additional 670,634 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Mondelez International by 0.8% during the second quarter. Geode Capital Management LLC now owns 28,951,049 shares of the company’s stock worth $1,943,170,000 after purchasing an additional 242,695 shares during the period. Norges Bank purchased a new stake in Mondelez International in the second quarter valued at approximately $1,239,834,000. Invesco Ltd. increased its holdings in Mondelez International by 10.7% in the 2nd quarter. Invesco Ltd. now owns 13,892,264 shares of the company’s stock worth $936,894,000 after buying an additional 1,345,078 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings 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 worth $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.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $59.86 on Wednesday. The firm has a market cap of $76.73 billion, a PE ratio of 31.84, a P/E/G ratio of 2.61 and a beta of 0.38. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. 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 business has a 50-day moving average price of $56.67 and a 200 day moving average price of $59.01.

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

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend payout ratio is currently 106.38%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Mizuho dropped their price objective on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Mondelez International in a research report on Monday, January 26th. Zacks Research downgraded Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Bank of America decreased their price objective on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. Finally, TD Cowen dropped their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Thirteen equities research 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’s stock. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.75.

Insider Transactions at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by insiders.

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.