Mondelez International, Inc. $MDLZ Shares Bought by Mather Group LLC.

Mather Group LLC. raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 76.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,607 shares of the company’s stock after buying an additional 54,544 shares during the quarter. Mather Group LLC.’s holdings in Mondelez International were worth $7,263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Miller Global Investments LLC purchased a new position in shares of Mondelez International during the 3rd quarter worth $26,000. North Point Portfolio Managers Corp OH acquired a new position in shares of Mondelez International during the 3rd quarter valued at about $28,000. MV Capital Management Inc. purchased a new stake in shares of Mondelez International in the fourth quarter valued at about $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Mondelez International in the fourth quarter valued at about $33,000. Finally, Ballast Advisors LLC purchased a new stake in shares of Mondelez International in the first quarter valued at about $34,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $63.03 on Friday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $80.45 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.46 and a beta of 0.38. The stock’s fifty day moving average is $61.63 and its two-hundred day moving average is $60.78.

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

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th were issued a $0.52 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date was Wednesday, September 30th. This represents a $2.08 annualized dividend and a yield of 3.3%. Mondelez International’s payout ratio is presently 76.47%.

Insider Buying and Selling

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Piper Sandler raised their price objective on shares of Mondelez International from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $73.00 target price (up from $70.00) on shares of Mondelez International in a report on Wednesday, July 29th. HSBC boosted their target price on shares of Mondelez International from $71.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.82.

Mondelez International Profile

Mondelez International, Inc is a global food and beverage company focused primarily on snacks. Its portfolio includes biscuits, cookies, crackers, chocolate, baked snacks, gum and candy. Well-known brands include Oreo, Ritz, Chips Ahoy!, belVita, LU, Cadbury, Milka, Toblerone, Sour Patch Kids and Trident.

The company sells its products in countries around the world through grocery stores, convenience outlets, e-commerce channels and other retail and food-service locations. Its operations are organized around major geographic markets, including North America, Latin America, Europe and emerging markets across Asia, the Middle East and Africa.

Mondelez was created in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.