ProShare Advisors LLC Has $120.67 Million Position in Mondelez International, Inc. $MDLZ

ProShare Advisors LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 38.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,241,758 shares of the company’s stock after buying an additional 622,328 shares during the period. ProShare Advisors LLC’s holdings in Mondelez International were worth $120,674,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in MDLZ. JPMorgan Chase & Co. increased its holdings in Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after buying an additional 10,137,457 shares during the last quarter. Capital International Investors increased its holdings in Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares during the last quarter. Van ECK Associates Corp increased its holdings in Mondelez International by 103.2% in the third quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock worth $324,363,000 after buying an additional 2,637,287 shares during the last quarter. Federated Hermes Inc. increased its position in Mondelez International by 2,080.4% during the third quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after buying an additional 2,353,841 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in Mondelez International by 63.4% during the third quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock worth $297,694,000 after buying an additional 1,849,482 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several analyst reports. DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. Sanford C. Bernstein lowered their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Wall Street Zen raised shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. TD Cowen increased their target price on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Trading Down 0.6%

Shares of MDLZ stock opened at $61.29 on Wednesday. The company has a market cap of $78.67 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. The business’s 50 day moving average is $58.33 and its two-hundred day moving average is $57.46. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $0.76 earnings per share. 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.

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.