Mondelez International, Inc. $MDLZ Shares Bought by Canada Post Corp Registered Pension Plan

Canada Post Corp Registered Pension Plan raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 21.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 53,396 shares of the company’s stock after acquiring an additional 9,263 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Mondelez International were worth $2,874,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. raised its holdings in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 282 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Mondelez International in the 3rd quarter valued at $32,000. McIlrath & Eck LLC acquired a new position in Mondelez International in the 4th quarter valued at $30,000. Finally, High Point Wealth Management LLC acquired a new position in Mondelez International in the 4th quarter valued at $30,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $60.44 on Monday. The firm has a market capitalization of $77.58 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.37 and a beta of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The business’s 50-day simple moving average is $58.20 and its 200-day simple moving average is $57.42.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating 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 business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the previous year, the company posted $0.76 EPS. The company’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. Equities analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Analyst Ratings Changes

MDLZ has been the subject of several analyst reports. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays upped their price objective on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Finally, UBS Group upped their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average price target 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.