Nordea Investment Management AB Sells 131,733 Shares of Mondelez International, Inc. $MDLZ

Nordea Investment Management AB reduced its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,151,368 shares of the company’s stock after selling 131,733 shares during the period. Nordea Investment Management AB owned 0.17% of Mondelez International worth $116,077,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Soundwatch Capital LLC bought a new position in shares of Mondelez International during the second quarter valued at approximately $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Mondelez International during the third quarter valued at approximately $27,000. Richardson Financial Services Inc. boosted its position in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Mondelez International in the 3rd quarter worth approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC grew its stake in shares of Mondelez International by 60.3% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock worth $33,000 after buying an additional 196 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International 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 completion of the sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MDLZ. Mizuho lowered their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Bank of America reduced their price target on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. Sanford C. Bernstein lowered their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Mondelez International Stock Performance

Shares of MDLZ opened at $56.21 on Monday. The business’s fifty day simple moving average is $58.57 and its two-hundred day simple moving average is $58.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a market cap of $72.05 billion, a price-to-earnings ratio of 29.90, a P/E/G ratio of 2.35 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly 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. The firm had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

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

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.