Free Trial

Madison Asset Management LLC Makes New $940,000 Investment in Mondelez International, Inc. (NASDAQ:MDLZ)

Mondelez International logo with Consumer Staples background

Madison Asset Management LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,861 shares of the company's stock, valued at approximately $940,000.

Other large investors also recently modified their holdings of the company. Checchi Capital Advisers LLC lifted its position in Mondelez International by 1.0% during the first quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock worth $1,083,000 after acquiring an additional 160 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position in Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock worth $160,000 after acquiring an additional 168 shares during the last quarter. Sound Income Strategies LLC lifted its position in Mondelez International by 11.1% during the first quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock worth $115,000 after acquiring an additional 168 shares during the last quarter. Sage Private Wealth Group LLC lifted its position in Mondelez International by 3.7% during the first quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company's stock worth $334,000 after acquiring an additional 175 shares during the last quarter. Finally, Verus Financial Partners Inc. lifted its position in Mondelez International by 3.7% during the first quarter. Verus Financial Partners Inc. now owns 5,067 shares of the company's stock worth $340,000 after acquiring an additional 179 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the topic of several recent research reports. Wells Fargo & Company raised shares of Mondelez International from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $68.00 to $78.00 in a report on Friday, June 20th. UBS Group raised their target price on shares of Mondelez International from $69.00 to $72.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Jefferies Financial Group raised shares of Mondelez International from a "hold" rating to a "buy" rating and raised their target price for the stock from $66.00 to $78.00 in a report on Thursday, July 17th. Stifel Nicolaus raised their target price on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. raised their target price on shares of Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $70.72.

Read Our Latest Analysis on Mondelez International

Mondelez International Stock Performance

NASDAQ MDLZ traded up $0.40 during trading hours on Friday, hitting $70.58. 4,520,788 shares of the company's stock traded hands, compared to its average volume of 7,066,883. The business's fifty day moving average price is $67.64 and its two-hundred day moving average price is $64.92. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $91.39 billion, a P/E ratio of 26.24, a P/E/G ratio of 5.28 and a beta of 0.48. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. The company's revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 earnings per share. Equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date was Monday, June 30th. Mondelez International's payout ratio is 69.89%.

About Mondelez International

(Free Report)

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

Recommended Stories

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Should You Invest $1,000 in Mondelez International Right Now?

Before you consider Mondelez International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mondelez International wasn't on the list.

While Mondelez International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines