Bank of Montreal Can Boosts Stake in Mondelez International, Inc. $MDLZ

Bank of Montreal Can increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 15.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,472,176 shares of the company’s stock after acquiring an additional 194,313 shares during the quarter. Bank of Montreal Can owned about 0.11% of Mondelez International worth $91,967,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MDLZ. Soundwatch Capital LLC acquired a new stake in Mondelez International in the 2nd quarter valued at about $27,000. Richardson Financial Services Inc. boosted its holdings in shares of Mondelez International by 141.0% during 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 during the last quarter. Halbert Hargrove Global Advisors LLC grew its position in shares of Mondelez International by 60.3% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 521 shares of the company’s stock valued at $33,000 after purchasing an additional 196 shares in the last quarter. Traub Capital Management LLC acquired a new stake in shares of Mondelez International in the second quarter valued at approximately $37,000. Finally, GGM Financials LLC acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $41,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MDLZ shares. Mizuho reduced their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. UBS Group cut their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. DA Davidson reiterated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Wells Fargo & Company boosted their price target on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Finally, TD Cowen dropped their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $55.36 on Thursday. The firm has a market cap of $70.96 billion, a PE ratio of 29.45, a price-to-earnings-growth ratio of 2.36 and a beta of 0.38. 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, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The business’s fifty day simple moving average is $58.19 and its 200-day simple moving average is $58.67.

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

Mondelez International Announces Dividend

The business also recently declared 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 dividend yield of 3.6%. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’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. The trade was a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.