Deutsche Bank AG Raises Holdings in Mondelez International, Inc. $MDLZ

Deutsche Bank AG increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,016,006 shares of the company’s stock after buying an additional 140,351 shares during the period. Deutsche Bank AG’s holdings in Mondelez International were worth $752,846,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. J.Safra Asset Management Corp bought a new stake in Mondelez International during the 4th quarter valued at $25,000. Advocate Investing Services LLC bought a new position in shares of Mondelez International in the 4th quarter worth $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Mondelez International in the 4th quarter worth $28,000. High Point Wealth Management LLC bought a new position in shares of Mondelez International in the 4th quarter worth $30,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on MDLZ shares. Barclays raised their price objective on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. UBS Group increased their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, TD Cowen raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Stock Performance

Shares of MDLZ opened at $62.66 on Wednesday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The stock has a fifty day moving average price of $61.18 and a 200-day moving average price of $59.99. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The firm has a market cap of $79.97 billion, a PE ratio of 23.04, a P/E/G ratio of 2.59 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same period in the previous year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a $0.52 dividend. This is a boost from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s dividend payout ratio is 73.53%.

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.