Mondelez International, Inc. $MDLZ Shares Bought by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Mondelez International by 11% during Q1, now owning 110,043 shares valued at approximately $7.47 million.
• Mondelez International recently announced a quarterly dividend increase from $0.47 to $0.50 per share, with a yield of 3.2% and a payout ratio of 68.86%.
• Equity analysts have raised price targets for Mondelez International, with several firms setting new targets as high as $88.00, reflecting strong performance expectations.

B. Metzler seel. Sohn & Co. AG increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 11.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 110,043 shares of the company's stock after purchasing an additional 10,909 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Mondelez International were worth $7,466,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Kingswood Wealth Advisors LLC boosted its stake in Mondelez International by 15.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 7,768 shares of the company's stock worth $527,000 after buying an additional 1,013 shares during the last quarter. Canopy Partners LLC boosted its stake in Mondelez International by 20.7% during the first quarter. Canopy Partners LLC now owns 16,800 shares of the company's stock worth $1,140,000 after buying an additional 2,876 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Mondelez International by 23.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,786 shares of the company's stock worth $3,039,000 after buying an additional 8,544 shares during the last quarter. TCW Group Inc. boosted its stake in Mondelez International by 1.1% during the first quarter. TCW Group Inc. now owns 98,444 shares of the company's stock worth $6,679,000 after buying an additional 1,075 shares during the last quarter. Finally, Flagship Harbor Advisors LLC boosted its stake in Mondelez International by 58.2% during the first quarter. Flagship Harbor Advisors LLC now owns 10,883 shares of the company's stock worth $738,000 after buying an additional 4,002 shares during the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MDLZ. UBS Group lowered their price objective on Mondelez International from $72.00 to $69.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Jefferies Financial Group raised Mondelez International from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $66.00 to $78.00 in a research note on Thursday, July 17th. Piper Sandler boosted their price objective on Mondelez International from $66.00 to $67.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 30th. Stifel Nicolaus upped their price target on Mondelez International from $73.00 to $76.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Finally, Barclays upped their price target on Mondelez International from $74.00 to $77.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Fourteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $72.00.

Mondelez International Trading Up 0.3%

NASDAQ MDLZ traded up $0.16 during trading on Monday, hitting $61.44. The stock had a trading volume of 5,866,833 shares, compared to its average volume of 7,062,599. The company has a market capitalization of $79.50 billion, a PE ratio of 22.51, a PEG ratio of 4.65 and a beta of 0.44. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average price of $65.82 and a 200 day moving average price of $65.93. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. The company had revenue of $8.98 billion during the quarter, compared to the consensus estimate of $8.82 billion. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%.Mondelez International's revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. As a group, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. This is an increase from Mondelez International's previous quarterly dividend of $0.47. Mondelez International's dividend payout ratio is presently 73.26%.

Mondelez International Company Profile

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.