Deutsche Bank AG Acquires 140,351 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Deutsche Bank increased its Mondelez stake by 1.1%, acquiring 140,351 shares to hold 13.02 million shares valued at approximately $752.8 million. Institutional investors collectively 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 raised its quarterly dividend to $0.52 per share, representing a 3.3% annualized yield.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $67.30, compared with a recent price of $62.66.

Deutsche Bank AG boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,016,006 shares of the company's stock after acquiring an additional 140,351 shares during the quarter. Deutsche Bank AG owned 1.01% of Mondelez International worth $752,846,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MDLZ. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the fourth quarter worth $25,000. Advocate Investing Services LLC bought a new stake in shares of Mondelez International during the fourth quarter worth $25,000. JPL Wealth Management LLC purchased a new stake in shares of Mondelez International during the third quarter valued at $32,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Mondelez International during the fourth quarter valued at $28,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at $30,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

MDLZ opened at $62.66 on Wednesday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $66.65. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The business's fifty day simple moving average is $61.18 and its 200-day simple moving average is $59.99. The company has a market capitalization of $79.97 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 2.59 and a beta of 0.38.

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

Mondelez International Increases Dividend

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

Analyst Ratings Changes

Several research analysts recently commented on the stock. Barclays raised their price target on shares of Mondelez International from $68.00 to $70.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Jefferies Financial Group reissued a "buy" rating and issued a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. Weiss Ratings upgraded shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 3rd. UBS Group raised their target price on shares of Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 29th. Finally, Freedom Capital lowered shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $67.30.

About Mondelez International

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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