Franklin Street Advisors Inc. NC Grows Stock Position in Mondelez International, Inc. $MDLZ

Key Points

• Franklin Street Advisors significantly increased its Mondelez position by 2,089.5% in the second quarter, adding 148,416 shares for a total holding valued at approximately $9 million. Institutional investors collectively own 78.32% of MDLZ.
• Analysts remain generally positive, with a consensus “Moderate Buy” rating and a $67.30 average price target. JPMorgan, Jefferies and BTIG maintained or issued buy-oriented views, while UBS rated the stock neutral.
• Mondelez exceeded quarterly expectations with $0.73 in adjusted EPS and $9.36 billion in revenue, up 4.1% year over year. The company also pays a quarterly dividend of $0.50 per share, equating to a 3.2% annualized yield.

Franklin Street Advisors Inc. NC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 2,089.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,519 shares of the company's stock after acquiring an additional 148,416 shares during the quarter. Franklin Street Advisors Inc. NC's holdings in Mondelez International were worth $8,995,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. OLD Republic International Corp lifted its stake in shares of Mondelez International by 156.6% in the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company's stock worth $22,291,000 after acquiring an additional 252,700 shares in the last quarter. Allstate Corp boosted its holdings in Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company's stock valued at $5,250,000 after purchasing an additional 50,562 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Mondelez International by 41.0% during the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company's stock valued at $215,677,000 after purchasing an additional 1,166,036 shares in the last quarter. VCI Wealth Management LLC acquired a new stake in Mondelez International during the 4th quarter valued at approximately $970,000. Finally, PKO Investment Management Joint Stock Co increased its holdings in Mondelez International by 115.0% during the 4th quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company's stock worth $5,440,000 after purchasing an additional 54,066 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on Mondelez International from $70.00 to $72.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. UBS Group raised their price target 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. Jefferies Financial Group restated a "buy" rating and issued a $73.00 price target on shares of Mondelez International in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 3rd. Finally, BTIG Research initiated coverage on shares of Mondelez International in a report on Tuesday, April 14th. They issued a "buy" rating and a $70.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $67.30.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $62.61 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The firm has a market cap of $79.91 billion, a P/E ratio of 23.02, a P/E/G ratio of 2.55 and a beta of 0.38. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $66.65. The business has a 50-day moving average price of $61.05 and a 200 day moving average price of $59.77.

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

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.2%. Mondelez International's dividend payout ratio (DPR) is 73.53%.

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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