Allianz SE Sells 12,671 Shares of Mondelez International, Inc. $MDLZ

Allianz SE cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 10.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,775 shares of the company’s stock after selling 12,671 shares during the period. Allianz SE’s holdings in Mondelez International were worth $6,608,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MDLZ. AlphaStar Capital Management LLC acquired a new position in shares of Mondelez International during the second quarter worth approximately $1,336,000. Asset Management One Co. Ltd. increased its holdings in shares of Mondelez International by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock valued at $45,411,000 after purchasing an additional 22,194 shares in the last quarter. Deprince Race & Zollo Inc. raised its position in Mondelez International by 70.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after purchasing an additional 193,956 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Mondelez International by 32.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock worth $9,240,000 after buying an additional 36,037 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Mondelez International by 8.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after buying an additional 46,182 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the 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 directly 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 filing with the SEC, which is available at the SEC website. 0.41% of the stock is owned by company insiders.

Mondelez International Price Performance

Shares of MDLZ opened at $61.58 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The firm has a market capitalization of $78.94 billion, a PE ratio of 32.76, a P/E/G ratio of 2.50 and a beta of 0.38. The stock has a 50 day simple moving average of $57.62 and a 200 day simple moving average of $58.93. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted 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. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same period in the previous year, the firm posted $0.65 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. 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 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s payout ratio is presently 106.38%.

Analyst Ratings Changes

Several analysts have weighed in on MDLZ shares. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday. Morgan Stanley dropped 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 note on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. JPMorgan Chase & Co. lowered their target price on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Finally, UBS Group dropped their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

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.