Douglas Lane & Associates LLC Buys 104,335 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Douglas Lane & Associates increased its Mondelez stake by 37% in the third quarter, acquiring 104,335 shares for a total holding of 386,091 shares valued at approximately $22.3 million. Institutional investors collectively own 78.32% of MDLZ.
• Mondelez reported quarterly earnings of $0.73 per share on $9.36 billion in revenue, exceeding analyst expectations, while revenue grew 4.1% year over year. The company guided to fiscal 2026 EPS of $2.97–$3.12.
• The company raised its quarterly dividend to $0.52 per share, implying an annualized yield of about 3.4%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $66.61, above the cited share price of $60.48.

Douglas Lane & Associates LLC lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 37.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 386,091 shares of the company's stock after acquiring an additional 104,335 shares during the period. Douglas Lane & Associates LLC's holdings in Mondelez International were worth $22,324,000 as of its most recent filing with the Securities and Exchange Commission.

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

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ traded down $0.19 during trading on Friday, reaching $60.48. The stock had a trading volume of 1,478,432 shares, compared to its average volume of 9,235,330. The stock has a fifty day simple moving average of $61.68 and a two-hundred day simple moving average of $60.63. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $66.65. The firm has a market capitalization of $77.19 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of 2.32 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The business's revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, 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 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 3.4%. This is a boost from Mondelez International's previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, September 30th. Mondelez International's dividend payout ratio is presently 76.47%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Cowen boosted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Freedom Capital cut Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 26th. Barclays upped their target price on Mondelez International from $68.00 to $70.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Weiss Ratings upgraded Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company reduced their target price on shares of Mondelez International from $70.00 to $65.00 and set an "overweight" rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Mondelez International has a consensus rating of "Moderate Buy" and an average target price of $66.61.

Insider Activity at Mondelez International

In other news, CEO Dirk Van de Put sold 133,580 shares of the 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 completion of the sale, the chief executive officer directly owned 1,326,488 shares of the company's stock, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by company insiders.

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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