Mondelez International, Inc. $MDLZ Shares Acquired by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Mondelez International by 3.9% during the second quarter, bringing its total holdings to 129,776 shares worth approximately $8.75 million.
• Mondelez reported a quarterly earnings per share (EPS) of $0.73, exceeding analysts' expectations of $0.68, with a year-over-year revenue increase of 7.7% to $8.98 billion.
• The company announced a quarterly dividend increase from $0.47 to $0.50 per share, representing an annualized yield of 3.2%, with a payout ratio of 73.26%.

ASR Vermogensbeheer N.V. lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 3.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,776 shares of the company's stock after acquiring an additional 4,834 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Mondelez International were worth $8,752,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Pure Financial Advisors LLC lifted its holdings in Mondelez International by 46.3% in the second quarter. Pure Financial Advisors LLC now owns 8,193 shares of the company's stock valued at $553,000 after acquiring an additional 2,592 shares during the period. Cantor Fitzgerald Investment Advisors L.P. grew its stake in shares of Mondelez International by 0.8% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 309,617 shares of the company's stock worth $20,881,000 after purchasing an additional 2,458 shares during the period. Community Financial Services Group LLC increased its holdings in shares of Mondelez International by 2.0% during the 2nd quarter. Community Financial Services Group LLC now owns 48,196 shares of the company's stock valued at $3,250,000 after purchasing an additional 942 shares in the last quarter. Trilogy Capital Inc. lifted its stake in shares of Mondelez International by 23.5% in the 2nd quarter. Trilogy Capital Inc. now owns 6,995 shares of the company's stock valued at $472,000 after purchasing an additional 1,330 shares during the period. Finally, Marino Stram & Associates LLC boosted its holdings in Mondelez International by 1.0% during the second quarter. Marino Stram & Associates LLC now owns 18,022 shares of the company's stock worth $1,215,000 after buying an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $61.78 on Friday. The stock has a market capitalization of $79.94 billion, a P/E ratio of 22.63, a PEG ratio of 4.78 and a beta of 0.45. The business has a 50 day simple moving average of $62.93 and a two-hundred day simple moving average of $65.56. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $72.70. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%.The firm had revenue of $8.98 billion for the quarter, compared to analyst estimates of $8.82 billion. During the same period in the previous year, the company posted $0.86 earnings per share. The business's revenue was up 7.7% on a year-over-year basis. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. As a group, analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This is a positive change from Mondelez International's previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International's payout ratio is currently 73.26%.

Analyst Ratings Changes

MDLZ has been the subject of a number of recent analyst reports. Dbs Bank raised shares of Mondelez International from a "hold" rating to a "moderate buy" rating in a report on Friday, August 1st. Stifel Nicolaus raised their target price on Mondelez International from $73.00 to $76.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Barclays lifted their price target on Mondelez International from $74.00 to $77.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Berenberg Bank downgraded Mondelez International from a "buy" rating to a "hold" rating and set a $70.00 price target on the stock. in a research report on Thursday. Finally, Wells Fargo & Company dropped their price objective on Mondelez International from $78.00 to $74.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. Fourteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $71.80.

Mondelez International Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

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