Intact Investment Management Inc. Raises Stock Holdings in Mondelez International, Inc. $MDLZ

Intact Investment Management Inc. boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 28.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,800 shares of the company's stock after buying an additional 41,900 shares during the quarter. Intact Investment Management Inc.'s holdings in Mondelez International were worth $10,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International in the third quarter worth approximately $27,000. Richardson Financial Services Inc. boosted its stake in Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company's stock worth $30,000 after buying an additional 282 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Mondelez International in the third quarter worth approximately $32,000. High Point Wealth Management LLC purchased a new stake in Mondelez International in the fourth quarter worth approximately $30,000. Finally, Lodestone Wealth Management LLC purchased a new stake in Mondelez International in the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $61.37 on Monday. The firm has a market cap of $78.67 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The business has a 50 day moving average price of $57.96 and a 200-day moving average price of $57.45.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. The firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Mondelez International's dividend payout ratio is 99.50%.

Analysts Set New Price Targets

Several brokerages have issued reports on MDLZ. Sanford C. Bernstein cut their target price on Mondelez International from $75.00 to $73.00 and set an "outperform" rating for the company in a research note on Wednesday, February 18th. Wells Fargo & Company upped their target price on Mondelez International from $65.00 to $70.00 and gave the stock an "overweight" rating in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft cut their target price on Mondelez International from $60.00 to $54.00 and set a "hold" rating for the company in a research note on Monday, March 30th. Zacks Research raised Mondelez International from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 25th. Finally, TD Cowen upped their target price on Mondelez International from $65.00 to $67.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $67.05.

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company's stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.45% of the company's stock.

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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