Dearborn Partners LLC Invests $13.47 Million in Mondelez International, Inc. $MDLZ

Dearborn Partners LLC bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 233,670 shares of the company’s stock, valued at approximately $13,469,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after buying an additional 7,025 shares in the last quarter. United Bank increased its position in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after acquiring an additional 3,070 shares in the last quarter. Sei Investments Co. raised its stake in shares of Mondelez International by 15.1% in the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock worth $36,924,000 after acquiring an additional 71,667 shares during the last quarter. Osterweis Capital Management Inc. raised its stake in shares of Mondelez International by 4,470.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock worth $92,000 after acquiring an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock worth $532,000 after purchasing an additional 4,668 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Insider Buying and Selling at Mondelez International

In other news, CEO De Put Dirk Van sold 133,580 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the completion of the transaction, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by corporate insiders.

Mondelez International Price Performance

Mondelez International stock opened at $64.70 on Tuesday. 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 capitalization of $82.58 billion, a P/E ratio of 23.79, a PEG ratio of 2.62 and a beta of 0.38. The business has a 50-day moving average of $61.28 and a 200-day moving average of $60.16. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65.

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

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s payout ratio is 73.53%.

Analyst Ratings Changes

MDLZ has been the subject of several research analyst reports. BNP Paribas Exane boosted their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Freedom Capital cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $67.30.

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.