Mondelez International, Inc. $MDLZ Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,664,043 shares of the company’s stock after buying an additional 323,602 shares during the period. Ameriprise Financial Inc. owned approximately 1.21% of Mondelez International worth $977,337,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MDLZ. Jamison Private Wealth Management Inc. raised its holdings in shares of Mondelez International by 0.6% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after buying an additional 172 shares during the period. Financial Perspectives Inc boosted its holdings in Mondelez International by 22.9% in the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after acquiring an additional 176 shares during the period. Acorn Wealth Advisors LLC grew its position in Mondelez International by 4.8% in the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after acquiring an additional 189 shares in the last quarter. Mccarter Private Wealth Services LLC raised its stake in shares of Mondelez International by 3.9% during the third quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock valued at $316,000 after purchasing an additional 190 shares during the period. Finally, 1620 Investment Advisors Inc. raised its stake in shares of Mondelez International by 1.6% during the third quarter. 1620 Investment Advisors Inc. now owns 12,232 shares of the company’s stock valued at $764,000 after purchasing an additional 191 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on MDLZ. JPMorgan Chase & Co. reduced their target price on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. 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. Mizuho cut 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. UBS Group decreased 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 report on Wednesday, January 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Mondelez International Stock Up 1.0%

MDLZ stock opened at $54.89 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The firm has a 50 day simple moving average of $58.23 and a 200-day simple moving average of $58.56. The company has a market capitalization of $70.36 billion, a P/E ratio of 29.20, a PEG ratio of 2.29 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.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (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 firm had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same period in the prior year, the company posted $0.65 earnings per share. The firm’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. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president directly owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Mondelez International Company 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.