Mondelez International, Inc. $MDLZ Stock Position Decreased by Asset Management One Co. Ltd.

Key Points

• Asset Management One Co. Ltd. reduced its Mondelez stake by 2.6% in the second quarter, selling 17,565 shares and retaining 666,041 shares valued at approximately $38.5 million. Institutional investors collectively own 78.32% of the company.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $67.30. Several firms recently raised their targets to $70.
• Mondelez reported quarterly EPS of $0.73, exceeding estimates of $0.68, while revenue rose 4.1% year over year to $9.36 billion. The company pays a quarterly dividend of $0.50 per share, representing a 3.1% annualized yield.

Asset Management One Co. Ltd. lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 666,041 shares of the company's stock after selling 17,565 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.05% of Mondelez International worth $38,524,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International in the fourth quarter worth about $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter valued at $25,000. Kemnay Advisory Services Inc. acquired a new position in Mondelez International during the fourth quarter valued at $28,000. High Point Wealth Management LLC acquired a new position in Mondelez International during the fourth quarter valued at $30,000. Finally, McIlrath & Eck LLC purchased a new stake in Mondelez International in the 4th quarter worth about $30,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on MDLZ shares. Weiss Ratings raised shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. BNP Paribas Exane increased their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Barclays lifted their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. TD Cowen boosted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Mondelez International in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $67.30.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $63.53 on Friday. 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 firm has a market cap of $81.08 billion, a price-to-earnings ratio of 23.36, a P/E/G ratio of 2.53 and a beta of 0.38. The business's 50-day simple moving average is $61.14 and its 200-day simple moving average is $59.90. 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 issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same period last year, the business earned $0.73 EPS. The firm's 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. As a group, equities research analysts expect that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.50 per share. 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 payout ratio is currently 73.53%.

Mondelez International Company 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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