iSAM Funds UK Ltd Acquires New Position in Mondelez International, Inc. $MDLZ

Key Points

• iSAM Funds UK Ltd. acquired 28,000 Mondelez shares worth approximately $1.62 million, making MDLZ its 14th-largest holding. Institutional investors collectively own 78.32% of the company.
• Mondelez exceeded quarterly expectations, reporting $0.73 in EPS versus the $0.68 consensus estimate and $9.36 billion in revenue, up 4.1% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $67.30.
• The company raised its quarterly dividend to $0.52 per share from $0.50, implying an annualized payout of $2.08 and a 3.3% yield. Separately, CEO Dirk Van de Put sold 133,580 shares under a pre-arranged Rule 10b5-1 plan.

iSAM Funds UK Ltd purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 28,000 shares of the company's stock, valued at approximately $1,620,000. Mondelez International makes up approximately 1.1% of iSAM Funds UK Ltd's holdings, making the stock its 14th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. OLD Republic International Corp grew its stake in Mondelez International by 156.6% during the fourth quarter. OLD Republic International Corp now owns 414,100 shares of the company's stock valued at $22,291,000 after acquiring an additional 252,700 shares in the last quarter. Allstate Corp lifted its stake in Mondelez International by 107.7% in the 4th quarter. Allstate Corp now owns 97,522 shares of the company's stock worth $5,250,000 after purchasing an additional 50,562 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Mondelez International by 41.0% in the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company's stock worth $215,677,000 after purchasing an additional 1,166,036 shares in the last quarter. First Trust Advisors LP boosted its holdings in Mondelez International by 10.1% in the 1st quarter. First Trust Advisors LP now owns 1,131,640 shares of the company's stock valued at $65,228,000 after purchasing an additional 103,778 shares during the period. Finally, Amundi boosted its holdings in Mondelez International by 18.0% in the 1st quarter. Amundi now owns 3,243,030 shares of the company's stock valued at $186,928,000 after purchasing an additional 494,996 shares during the period. 78.32% of the stock is owned by institutional investors.

Insider Activity at Mondelez International

In related news, CEO De Put Dirk Van sold 133,580 shares of the firm's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares of the company's stock, valued at approximately $85,001,351.04. This trade represents a 9.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company's stock.

Mondelez International Stock Performance

Mondelez International stock opened at $62.45 on Thursday. The firm's fifty day moving average price is $61.51 and its 200-day moving average price is $60.24. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The stock has a market cap of $79.71 billion, a P/E ratio of 22.96, a price-to-earnings-growth ratio of 2.41 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 $66.65.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm'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 research analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This is a boost from Mondelez International's previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. Mondelez International's dividend payout ratio is currently 73.53%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a "buy" rating and issued a $73.00 price target on shares of Mondelez International in a report on Wednesday, July 29th. Barclays lifted their price objective on Mondelez International from $68.00 to $70.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. BNP Paribas Exane upped their target price on Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of Mondelez International in a report on Friday, May 29th. Finally, Weiss Ratings upgraded Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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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