Baird Financial Group Inc. Buys 17,248 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Baird Financial Group increased its Mondelez position by 5.1% in the second quarter, purchasing 17,248 shares and bringing its holdings to 354,894 shares valued at approximately $20.5 million. Institutional investors own 78.32% of MDLZ.
• Mondelez reported quarterly EPS of $0.73, beating estimates by $0.05, while revenue rose 4.1% year over year to $9.36 billion. The company issued fiscal 2026 EPS guidance of $2.97–$3.12.
• The company raised its quarterly dividend to $0.52 per share, equivalent to an annualized $2.08 dividend and a 3.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $67.30, above the reported $62.44 share price.

Baird Financial Group Inc. lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 5.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 354,894 shares of the company's stock after buying an additional 17,248 shares during the quarter. Baird Financial Group Inc.'s holdings in Mondelez International were worth $20,527,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MDLZ. J.Safra Asset Management Corp acquired a new position in Mondelez International during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International in the fourth quarter worth $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Mondelez International during the fourth quarter worth about $28,000. Navalign LLC acquired a new stake in Mondelez International during the 4th quarter worth about $31,000. Finally, MV Capital Management Inc. bought a new position in shares of Mondelez International in the 4th quarter worth about $31,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Down 0.0%

NASDAQ MDLZ opened at $62.44 on Friday. The firm has a market cap of $79.69 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 2.44 and a beta of 0.39. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65. The stock has a 50-day moving average of $61.75 and a 200-day moving average of $60.32. 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 issued its quarterly earnings data 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 business had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. During the same period in the prior year, the business earned $0.73 EPS. The company's revenue for the quarter was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The business also recently declared 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. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a boost from Mondelez International's previous quarterly dividend of $0.50. Mondelez International's payout ratio is 76.47%.

Insider Activity at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of the firm's stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley reiterated an "overweight" rating on shares of Mondelez International in a research note on Friday, May 29th. Jefferies Financial Group reissued a "buy" rating and issued a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Mondelez International from $70.00 to $72.00 and gave the company 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. Finally, TD Cowen raised their price objective on Mondelez International from $67.00 to $70.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Mondelez International has an average rating of "Moderate Buy" and a consensus price target of $67.30.

About Mondelez International

Mondelez International, Inc is a global snack-food company headquartered in Chicago, Illinois. The company develops, manufactures, markets and distributes branded snacks, including biscuits, cookies, crackers, chocolate, candy, baked snacks and powdered beverages.

Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, Cadbury, Milka, Toblerone, Sour Patch Kids, Trident and Clif Bar. Mondelez sells its products through grocery stores, convenience stores, mass merchandisers, e-commerce platforms and other retail channels.

Mondelez was established in 2012 following the separation of Kraft Foods' global snacks business from its North American grocery operations.

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