E. Ohman J or Asset Management AB Buys New Shares in Mondelez International, Inc. $MDLZ

E. Ohman J or Asset Management AB acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 48,835 shares of the company’s stock, valued at approximately $2,629,000.

Several other hedge funds have also recently bought and sold shares of the business. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Mondelez International in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. boosted its position in 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 period. JPL Wealth Management LLC purchased a new stake in Mondelez International during the 3rd quarter worth $32,000. Halbert Hargrove Global Advisors LLC increased its holdings in Mondelez International by 60.3% in the 3rd 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. Finally, Global Wealth Strategies & Associates increased its holdings in Mondelez International by 213.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 648 shares of the company’s stock valued at $35,000 after purchasing an additional 441 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $57.18 on Wednesday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. 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 market cap of $73.30 billion, a price-to-earnings ratio of 30.42, a PEG ratio of 2.37 and a beta of 0.38. The stock has a 50 day moving average of $58.64 and a 200-day moving average of $58.32.

Mondelez International (NASDAQ:MDLZGet Free Report) 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 return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same period in the prior year, the company posted $0.65 EPS. The business’s revenue 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. As a group, analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have commented on MDLZ shares. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Mizuho decreased their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Get Our Latest Stock Analysis on MDLZ

Insider Activity

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on 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 $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 at this link. Insiders own 0.41% of the company’s stock.

Mondelez International Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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