Handelsbanken Fonder AB Has $28.87 Million Holdings in Mondelez International, Inc. $MDLZ

Handelsbanken Fonder AB lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 536,300 shares of the company’s stock after buying an additional 35,384 shares during the period. Handelsbanken Fonder AB’s holdings in Mondelez International were worth $28,869,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in shares of Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock worth $39,220,000 after buying an additional 46,182 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Mondelez International by 2,080.4% in the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after purchasing an additional 2,353,841 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in shares of Mondelez International by 12.6% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 506,407 shares of the company’s stock worth $31,635,000 after purchasing an additional 56,510 shares during the last quarter. E. Ohman J or Asset Management AB bought a new stake in shares of Mondelez International in the fourth quarter worth $2,629,000. Finally, Trek Financial LLC bought a new stake in shares of Mondelez International in the third quarter worth $1,216,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.6%

MDLZ opened at $61.29 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm has a market capitalization of $78.67 billion, a PE ratio of 30.49, a P/E/G ratio of 2.41 and a beta of 0.39. The company’s 50-day moving average is $58.33 and its 200 day moving average is $57.46.

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

Analyst Ratings Changes

A number of analysts have commented on the stock. TD Cowen upped their price target on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd. DA Davidson reiterated a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. Finally, Wells Fargo & Company upped their price objective on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $67.05.

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.