iA Global Asset Management Inc. Increases Stake in Mondelez International, Inc. $MDLZ

iA Global Asset Management Inc. grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 166,230 shares of the company’s stock after buying an additional 11,934 shares during the quarter. iA Global Asset Management Inc.’s holdings in Mondelez International were worth $8,948,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Beese Fulmer Investment Management Inc. raised its position in Mondelez International by 92.6% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 42,874 shares of the company’s stock worth $2,308,000 after buying an additional 20,616 shares during the last quarter. Canada Post Corp Registered Pension Plan raised its position in Mondelez International by 21.0% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 53,396 shares of the company’s stock worth $2,874,000 after buying an additional 9,263 shares during the last quarter. Qsemble Capital Management LP purchased a new position in Mondelez International during the 4th quarter worth $4,745,000. Center for Financial Planning Inc. raised its position in Mondelez International by 8.4% during the 4th quarter. Center for Financial Planning Inc. now owns 5,931 shares of the company’s stock worth $319,000 after buying an additional 461 shares during the last quarter. Finally, Lawood & Co. purchased a new position in Mondelez International during the 4th quarter worth $528,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on MDLZ shares. Bank of America upped their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. BTIG Research started coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Morgan Stanley upped their price target on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Finally, Piper Sandler upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $60.44 on Monday. The stock has a market cap of $77.58 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 2.37 and a beta of 0.39. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company’s 50-day moving average price is $58.20 and its 200 day moving average price is $57.42. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, research analysts forecast that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

About Mondelez International

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.