Calamos Advisors LLC Has $24.11 Million Position in Mondelez International, Inc. $MDLZ

Calamos Advisors LLC raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 418,274 shares of the company’s stock after purchasing an additional 11,017 shares during the quarter. Calamos Advisors LLC’s holdings in Mondelez International were worth $24,109,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MDLZ. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter worth $27,000. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the 4th quarter worth about $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter worth about $25,000. JPL Wealth Management LLC acquired a new stake in Mondelez International during the 3rd quarter worth about $32,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Mondelez International during the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. BTIG Research began coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price objective on the stock. Bank of America boosted their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Price Performance

MDLZ opened at $58.80 on Wednesday. The stock has a fifty day moving average price of $61.04 and a 200 day moving average price of $58.92. 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, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The stock has a market cap of $75.48 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.35 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the firm posted $0.76 EPS. The business’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. Analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s payout ratio is presently 99.50%.

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.