Mondelez International, Inc. $MDLZ is Holowesko Partners Ltd.’s 7th Largest Position

Holowesko Partners Ltd. lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 118.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 394,600 shares of the company’s stock after acquiring an additional 213,800 shares during the period. Mondelez International makes up 7.4% of Holowesko Partners Ltd.’s investment portfolio, making the stock its 7th largest position. Holowesko Partners Ltd.’s holdings in Mondelez International were worth $21,241,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. OLD Republic International Corp grew its position in Mondelez International by 156.6% in the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after acquiring an additional 252,700 shares in the last quarter. VCI Wealth Management LLC bought a new stake in Mondelez International in the fourth quarter worth about $970,000. E. Ohman J or Asset Management AB bought a new stake in shares of Mondelez International during the fourth quarter valued at approximately $2,629,000. Wealthfront Advisers LLC raised its stake in shares of Mondelez International by 15.3% during the fourth quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock valued at $11,672,000 after acquiring an additional 28,797 shares in the last quarter. Finally, PKO Investment Management Joint Stock Co raised its stake in shares of Mondelez International by 115.0% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock valued at $5,440,000 after acquiring an additional 54,066 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on MDLZ. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Argus raised shares of Mondelez International to a “hold” rating in a report on Thursday, February 12th. TD Cowen boosted their price objective on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, UBS Group raised their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.04 on Monday. The company has a 50 day simple moving average of $59.64 and a 200-day simple moving average of $57.90. The company has a market capitalization of $79.64 billion, a P/E ratio of 30.87, a P/E/G ratio of 2.43 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

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.