Swedbank AB Purchases 12,888 Shares of Mondelez International, Inc. $MDLZ

Swedbank AB increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 829,456 shares of the company’s stock after acquiring an additional 12,888 shares during the period. Swedbank AB’s holdings in Mondelez International were worth $44,650,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MDLZ. Leo Wealth LLC increased its holdings in Mondelez International by 2.4% in the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after purchasing an additional 176 shares in the last quarter. Columbia Asset Management boosted its stake in shares of Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after purchasing an additional 180 shares in the last quarter. West Paces Advisors Inc. boosted its stake in shares of Mondelez International by 1.1% during the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after purchasing an additional 186 shares in the last quarter. Acorn Wealth Advisors LLC boosted its stake in shares of Mondelez International by 4.8% during the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after purchasing an additional 189 shares in the last quarter. Finally, Nicolet Advisory Services LLC boosted its stake in shares of Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after purchasing an additional 197 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent research reports. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Morgan Stanley lifted their price target on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Barclays lifted their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Stifel Nicolaus cut their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, Argus raised Mondelez International to a “hold” rating in a research note on Thursday, February 12th. One 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 company. According to MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Mondelez International Price Performance

Shares of MDLZ opened at $61.76 on Monday. The company has a market capitalization of $79.28 billion, a PE ratio of 30.73, a PEG ratio of 2.42 and a beta of 0.39. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock’s 50-day moving average price is $58.63 and its two-hundred day moving average price is $57.55. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The firm 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 business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

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

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.