Healthcare of Ontario Pension Plan Trust Fund Has $34.45 Million Holdings in Mondelez International, Inc. $MDLZ

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 34.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 597,691 shares of the company’s stock after buying an additional 151,522 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Mondelez International were worth $34,451,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. OLD Republic International Corp grew its position in shares of Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares during the period. Allstate Corp lifted its position in shares of Mondelez International by 107.7% during the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock valued at $5,250,000 after acquiring an additional 50,562 shares during the period. VCI Wealth Management LLC bought a new position in Mondelez International during the fourth quarter worth $970,000. BNP Paribas Financial Markets boosted its stake in Mondelez International by 41.0% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after acquiring an additional 1,166,036 shares in the last quarter. Finally, PKO Investment Management Joint Stock Co grew its holdings in Mondelez International by 115.0% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after purchasing an additional 54,066 shares during the period. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MDLZ shares. UBS Group lifted their price target on shares of 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 report on Monday, July 20th. TD Cowen raised their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. BTIG Research assumed coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 target price for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.44.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $60.52 on Monday. The company has a fifty day moving average price of $60.88 and a 200-day moving average price of $59.27. The firm has a market cap of $77.69 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 2.51 and a beta of 0.39. 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 $70.61.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period last year, the firm earned $0.76 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.04 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is 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.