TD Waterhouse Canada Inc. Buys 24,115 Shares of Mondelez International, Inc. $MDLZ

TD Waterhouse Canada Inc. boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 350,553 shares of the company’s stock after purchasing an additional 24,115 shares during the period. TD Waterhouse Canada Inc.’s holdings in Mondelez International were worth $20,818,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in shares of Mondelez International in the fourth quarter worth about $25,000. Advocate Investing Services LLC purchased a new position in shares of Mondelez International during the 4th quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Mondelez International during the 4th quarter valued at approximately $28,000. High Point Wealth Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at approximately $30,000. Finally, McIlrath & Eck LLC purchased a new stake in Mondelez International in the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 2.2%

Mondelez International stock opened at $63.53 on Friday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The firm’s 50 day moving average price is $61.14 and its 200-day moving average price is $59.90. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The stock has a market cap of $81.08 billion, a P/E ratio of 23.36, a PEG ratio of 2.53 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, topping analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. Mondelez International’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, equities analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have commented on MDLZ. JPMorgan Chase & Co. raised their target price on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Barclays upped their price target on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. UBS Group raised their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International 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.