Nomura Asset Management Co. Ltd. Has $45.57 Million Stake in Mondelez International, Inc. $MDLZ

Nomura Asset Management Co. Ltd. grew its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 3.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 846,625 shares of the company’s stock after purchasing an additional 26,048 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.07% of Mondelez International worth $45,574,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MDLZ. Norges Bank acquired a new position in shares of Mondelez International in the 4th quarter valued at about $1,010,020,000. JPMorgan Chase & Co. increased its holdings in shares of Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after purchasing an additional 10,137,457 shares during the period. Capital International Investors increased its holdings in shares of Mondelez International by 9.7% in the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after purchasing an additional 6,958,868 shares during the period. Van ECK Associates Corp increased its holdings in shares of Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after purchasing an additional 2,637,287 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after purchasing an additional 1,849,482 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MDLZ. Wells Fargo & Company upped 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. UBS Group boosted their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, DA Davidson reissued a “neutral” rating and issued a $62.00 price target on shares of Mondelez International in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $61.17 on Monday. The stock has a market cap of $78.52 billion, a price-to-earnings ratio of 30.43, a PEG ratio of 2.39 and a beta of 0.38. The business has a 50 day simple moving average of $59.19 and a 200 day simple moving average of $57.74. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54.

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

Mondelez International Dividend Announcement

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 given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s dividend 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.