Lecap Asset Management Ltd. Makes New $928,000 Investment in Mondelez International, Inc. $MDLZ

Lecap Asset Management Ltd. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,045 shares of the company's stock, valued at approximately $928,000.

Several other large investors have also modified their holdings of the business. Whipplewood Advisors LLC increased its position in shares of Mondelez International by 35.5% during the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company's stock worth $37,000 after purchasing an additional 169 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in Mondelez International by 3.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company's stock valued at $292,000 after buying an additional 173 shares during the last quarter. Granite Investment Partners LLC boosted its stake in Mondelez International by 0.6% during the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company's stock worth $1,688,000 after buying an additional 177 shares during the period. Pine Valley Investments Ltd Liability Co boosted its stake in Mondelez International by 2.1% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company's stock worth $515,000 after buying an additional 179 shares during the period. Finally, Columbia Asset Management boosted its stake in Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company's stock worth $746,000 after buying an additional 180 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MDLZ shares. Weiss Ratings raised shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a "buy" rating and set a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. Morgan Stanley reiterated an "overweight" rating on shares of Mondelez International in a report on Friday, May 29th. Freedom Capital lowered Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. upped their price target on Mondelez International from $70.00 to $72.00 and gave the stock an "overweight" rating in a research note 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 issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $67.30.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $63.61 on Friday. The firm has a 50 day moving average of $61.17 and a two-hundred day moving average of $59.92. The stock has a market capitalization of $81.19 billion, a PE ratio of 23.39, a P/E/G ratio of 2.59 and a beta of 0.38. 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.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company's revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Announces Dividend

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

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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