54,544 Mondelez International, Inc. $MDLZ Shares Purchased by Mather Group LLC.

Key Points

• Mather Group LLC increased its Mondelez position by 76.8% in the third quarter, purchasing 54,544 additional shares and bringing its holdings to 125,607 shares valued at approximately $7.26 million. Institutional investors collectively own 78.32% of MDLZ.
• Analysts maintain a generally positive outlook, with 17 Buy ratings and 10 Hold ratings. Mondelez has a consensus rating of “Moderate Buy” and an average price target of $68.82.
• Mondelez reported quarterly revenue of $9.36 billion and EPS of $0.73, both ahead of expectations, while revenue increased 4.1% year over year. The company also raised its quarterly dividend to $0.52 per share, implying a 3.3% yield.

Mather Group LLC. boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 76.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm 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 reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its stake in Mondelez International by 10.1% in the 1st quarter. First Trust Advisors LP now owns 1,131,640 shares of the company's stock valued at $65,228,000 after acquiring an additional 103,778 shares during the period. Baird Financial Group Inc. increased its holdings in Mondelez International by 5.1% in the 2nd quarter. Baird Financial Group Inc. now owns 354,894 shares of the company's stock worth $20,527,000 after acquiring an additional 17,248 shares in the last quarter. Ethic Inc. increased its holdings in Mondelez International by 21.5% in the 2nd quarter. Ethic Inc. now owns 235,350 shares of the company's stock worth $13,613,000 after acquiring an additional 41,601 shares in the last quarter. Amundi raised its position in Mondelez International by 18.0% during the first quarter. Amundi now owns 3,243,030 shares of the company's stock worth $186,928,000 after acquiring an additional 494,996 shares during the period. Finally, NewEdge Advisors LLC raised its position in Mondelez International by 58.6% during the second quarter. NewEdge Advisors LLC now owns 141,366 shares of the company's stock worth $8,177,000 after acquiring an additional 52,244 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on MDLZ shares. Freedom Capital downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, June 26th. BTIG Research boosted their target price on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research note 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. Wells Fargo & Company reduced their price target on shares of Mondelez International from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Monday, October 5th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $73.00 price objective (up from $70.00) on shares of Mondelez International in a report on Wednesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Mondelez International has an average rating of "Moderate Buy" and a consensus price target of $68.82.

Mondelez International Stock Up 0.7%

NASDAQ MDLZ opened at $63.03 on Friday. The business has a fifty day moving average price of $61.63 and a 200 day moving average price of $60.78. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $66.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The company has a market cap 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.

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

Mondelez International Increases Dividend

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

Insider Buying and Selling at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of the business's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company's stock.

Mondelez International Company 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.

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