California Public Employees Retirement System Has $211.98 Million Holdings in Mondelez International, Inc. $MDLZ

California Public Employees Retirement System decreased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,393,376 shares of the company’s stock after selling 462,387 shares during the quarter. California Public Employees Retirement System owned 0.26% of Mondelez International worth $211,984,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in Mondelez International in the second quarter valued at approximately $1,239,834,000. JPMorgan Chase & Co. lifted its stake in Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after purchasing an additional 10,137,457 shares during the last quarter. Capital International Investors boosted its holdings in shares of Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after purchasing an additional 6,958,868 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Mondelez International by 197.9% in the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after purchasing an additional 2,701,229 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after purchasing an additional 2,637,287 shares during the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ opened at $54.89 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The stock has a market cap of $70.36 billion, a PE ratio of 29.20, a PEG ratio of 2.29 and a beta of 0.38. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The business has a 50-day simple moving average of $58.23 and a two-hundred day simple moving average of $58.54.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. 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 announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors 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 annualized dividend and a yield of 3.6%. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’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 completion of the transaction, the executive vice president directly owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently weighed in on MDLZ shares. 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 report on Thursday, January 8th. Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Morgan Stanley dropped their target price on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Mizuho reduced their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Finally, Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.06.

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.