Alyeska Investment Group L.P. Has $26.74 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Alyeska Investment Group L.P. boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 462,294 shares of the company's stock after buying an additional 20,637 shares during the period. Alyeska Investment Group L.P.'s holdings in Mondelez International were worth $26,739,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International in the 4th quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International during the fourth quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new stake in shares of Mondelez International during the third quarter worth approximately $32,000. Kemnay Advisory Services Inc. purchased a new position in Mondelez International during the fourth quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC purchased a new position in Mondelez International during the fourth quarter valued at approximately $30,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Mondelez International

In related news, CEO De Put Dirk Van sold 133,580 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total value of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares of the company's stock, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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 Price Performance

MDLZ stock opened at $62.36 on Monday. The firm has a market cap of $79.59 billion, a PE ratio of 22.93, a PEG ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The company has a fifty day simple moving average of $61.44 and a 200 day simple moving average of $60.23. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.73 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 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 prior year, the business posted $0.73 earnings per share. The business'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. Sell-side analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. This is a positive change from Mondelez International's previous quarterly dividend of $0.50. Mondelez International's payout ratio is currently 73.53%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MDLZ. Freedom Capital cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, June 26th. JPMorgan Chase & Co. increased their price objective on Mondelez International from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Jefferies Financial Group restated a "buy" rating and issued a $73.00 target price on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, TD Cowen upped their target price on Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $67.30.

Mondelez International Company Profile

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.

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