Oregon Public Employees Retirement Fund Boosts Stock Holdings in Mondelez International, Inc. $MDLZ

Oregon Public Employees Retirement Fund raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.5% in the second quarter, Holdings Channel.com reports. The fund owned 157,813 shares of the company’s stock after acquiring an additional 11,000 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Mondelez International were worth $9,128,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Mondelez International in the fourth quarter worth approximately $1,010,020,000. Capital International Investors raised its stake in Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Mondelez International by 12.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after purchasing an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Mondelez International by 72.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after purchasing an additional 3,803,776 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in Mondelez International by 190.3% during the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock worth $230,062,000 after purchasing an additional 2,801,689 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $63.61 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The stock’s fifty day moving average is $61.17 and its two-hundred day moving average is $59.92. The firm has a market capitalization of $81.19 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.58 and a beta of 0.38. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. During the same period last year, the company earned $0.73 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts anticipate that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. Mondelez International’s dividend payout ratio is currently 73.53%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MDLZ shares. UBS Group upped their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. TD Cowen raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. BNP Paribas Exane boosted their price target on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

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.