Ethic Inc. Boosts Position in Mondelez International, Inc. $MDLZ

Ethic Inc. grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 21.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 235,350 shares of the company's stock after buying an additional 41,601 shares during the period. Ethic Inc.'s holdings in Mondelez International were worth $13,613,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDLZ. Brighton Jones LLC grew its stake in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock valued at $874,000 after acquiring an additional 7,025 shares in the last quarter. United Bank lifted its stake in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company's stock worth $1,771,000 after purchasing an additional 3,070 shares in the last quarter. Sei Investments Co. boosted its holdings in Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company's stock valued at $36,924,000 after purchasing an additional 71,667 shares during the period. Osterweis Capital Management Inc. boosted its holdings in Mondelez International by 4,470.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company's stock valued at $92,000 after purchasing an additional 1,341 shares during the period. Finally, Main Street Financial Solutions LLC grew its position in shares of Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company's stock valued at $532,000 after purchasing an additional 4,668 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Up 0.1%

Shares of NASDAQ:MDLZ opened at $63.61 on Friday. The stock has a market capitalization of $81.19 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.58 and a beta of 0.38. The stock's 50-day moving average price is $61.17 and its 200-day moving average price is $59.92. 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, Inc. has a 12-month low of $51.20 and a 12-month high of $66.65.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International's dividend payout ratio is 73.53%.

Analyst Ratings Changes

MDLZ has been the topic of several research analyst reports. UBS Group upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 29th. TD Cowen boosted 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. Morgan Stanley restated an "overweight" rating on shares of Mondelez International in a research note on Friday, May 29th. Weiss Ratings upgraded shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Finally, Jefferies Financial Group restated a "buy" rating and issued a $73.00 target price on shares of Mondelez International in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus price target of $67.30.

Mondelez International 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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