Mondelez International, Inc. $MDLZ Stock Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 33.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 159,801 shares of the company’s stock after purchasing an additional 40,372 shares during the period. Yousif Capital Management LLC’s holdings in Mondelez International were worth $9,240,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Baird Financial Group Inc. lifted its position in Mondelez International by 5.1% during the second quarter. Baird Financial Group Inc. now owns 354,894 shares of the company’s stock worth $20,527,000 after acquiring an additional 17,248 shares during the last quarter. First Trust Advisors LP grew its position in shares of Mondelez International by 10.1% in the first quarter. First Trust Advisors LP now owns 1,131,640 shares of the company’s stock valued at $65,228,000 after purchasing an additional 103,778 shares during the last quarter. Ethic Inc. grew its position in shares of Mondelez International by 21.5% in the second quarter. Ethic Inc. now owns 235,350 shares of the company’s stock valued at $13,613,000 after purchasing an additional 41,601 shares during the last quarter. Amundi increased its stake in shares of Mondelez International by 18.0% during the first quarter. Amundi now owns 3,243,030 shares of the company’s stock worth $186,928,000 after purchasing an additional 494,996 shares during the period. Finally, National Pension Service increased its stake in shares of Mondelez International by 1.8% during the second quarter. National Pension Service now owns 3,464,597 shares of the company’s stock worth $200,392,000 after purchasing an additional 60,973 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

MDLZ stock opened at $63.80 on Friday. The company’s 50-day moving average price is $61.79 and its two-hundred day moving average price is $61.02. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a market cap of $81.43 billion, a P/E ratio of 23.46, a P/E/G ratio of 2.47 and a beta of 0.38.

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

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s dividend payout ratio is currently 76.47%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of a number of research reports. Barclays upped their price objective on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Wells Fargo & Company dropped their target price on Mondelez International from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Piper Sandler upped their price target on shares of Mondelez International from $65.00 to $66.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. HSBC lifted their price objective on shares of Mondelez International from $71.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, TD Cowen raised their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $68.86.

Insider Buying and Selling at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This trade represents a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

About Mondelez International

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.