Deutsche Bank AG Has $772.66 Million Position in Mondelez International, Inc. $MDLZ

Deutsche Bank AG increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,353,633 shares of the company’s stock after buying an additional 1,589,713 shares during the quarter. Deutsche Bank AG’s holdings in Mondelez International were worth $772,656,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp acquired a new stake in Mondelez International during the third quarter worth approximately $27,000. High Point Wealth Management LLC acquired a new stake in Mondelez International during the fourth quarter worth approximately $30,000. McIlrath & Eck LLC acquired a new stake in Mondelez International during the fourth quarter worth approximately $30,000. Navalign LLC acquired a new stake in Mondelez International during the fourth quarter worth approximately $31,000. Finally, JPL Wealth Management LLC acquired a new stake in Mondelez International during the third quarter worth approximately $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MDLZ. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Argus raised Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Wells Fargo & Company raised their target price on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. raised their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, UBS Group raised their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Stock Up 2.2%

Shares of MDLZ opened at $62.93 on Wednesday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The stock has a market capitalization of $80.78 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 2.41 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock has a fifty day moving average of $59.81 and a 200-day moving average of $57.99.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International’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. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

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