Mondelez International, Inc. $MDLZ Stake Increased by Russell Investments Group Ltd.

Key Points

• Russell Investments Group increased its Mondelez stake by 19.3% in the second quarter, adding 194,137 shares to own 1.20 million shares valued at approximately $69.3 million. Institutional investors collectively own 78.32% of the company.
• Mondelez reported quarterly EPS of $0.73, beating estimates of $0.68, while revenue rose 4.1% year over year to $9.36 billion. The company expects fiscal 2026 EPS of $2.97–$3.12.
• The company raised its quarterly dividend from $0.50 to $0.52 per share, implying an annualized dividend of $2.08 and a 3.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $67.30.

Russell Investments Group Ltd. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 19.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,198,130 shares of the company's stock after acquiring an additional 194,137 shares during the period. Russell Investments Group Ltd. owned 0.09% of Mondelez International worth $69,332,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC grew its holdings in 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 acquiring an additional 169 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Mondelez International by 3.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company's stock worth $292,000 after purchasing an additional 173 shares during the last quarter. Granite Investment Partners LLC grew its stake in Mondelez International by 0.6% in the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company's stock worth $1,688,000 after purchasing an additional 177 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in Mondelez International by 2.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company's stock worth $515,000 after purchasing an additional 179 shares in the last quarter. Finally, Columbia Asset Management increased its holdings in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company's stock valued at $746,000 after buying an additional 180 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Trading Down 2.2%

Mondelez International stock opened at $62.18 on Tuesday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65. 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 capitalization of $79.36 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.59 and a beta of 0.38. The firm has a 50-day moving average price of $61.18 and a two-hundred day moving average price of $59.96.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly 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. The company had revenue of $9.36 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International's previous quarterly dividend of $0.50. Mondelez International's payout ratio is presently 73.53%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Barclays upped 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 lifted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Freedom Capital downgraded Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, June 26th. UBS Group upped their price target on Mondelez International from $62.00 to $64.00 and gave the company a "neutral" rating in a research report on Wednesday, April 29th. Finally, Jefferies Financial Group restated a "buy" rating and set a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, Mondelez International currently has an average rating of "Moderate Buy" and an average price target of $67.30.

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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