AIA Group Ltd Grows Stock Position in Mondelez International, Inc. $MDLZ

AIA Group Ltd boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 40.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,688 shares of the company’s stock after buying an additional 26,484 shares during the period. AIA Group Ltd’s holdings in Mondelez International were worth $5,728,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. grew its stake in shares of Mondelez International by 3.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after purchasing an additional 22,194 shares during the period. Deprince Race & Zollo Inc. lifted its stake in shares of Mondelez International by 70.5% in the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock valued at $29,302,000 after purchasing an additional 193,956 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Mondelez International by 32.2% in the third quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock valued at $9,240,000 after purchasing an additional 36,037 shares during the period. Jones Financial Companies Lllp boosted its holdings in Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after buying an additional 46,182 shares in the last quarter. Finally, Confluence Investment Management LLC boosted its holdings in Mondelez International by 324.5% during the third quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock worth $138,928,000 after buying an additional 1,699,980 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $56.47 on Thursday. The company has a market cap of $72.39 billion, a P/E ratio of 30.04, a P/E/G ratio of 2.42 and a beta of 0.38. The business has a fifty day simple moving average of $58.50 and a 200-day simple moving average of $58.47. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week 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.

Mondelez International (NASDAQ:MDLZ) last released 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 firm had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Analysts Set New Price Targets

A number of research analysts have issued reports on MDLZ shares. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. 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. Sanford C. Bernstein lowered their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. TD Cowen dropped their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.44.

Insider Buying and Selling at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares of the company’s stock, 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 legal filing 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.