PFA Pension Forsikringsaktieselskab Buys New Shares in Mondelez International, Inc. $MDLZ

PFA Pension Forsikringsaktieselskab bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,243,960 shares of the company's stock, valued at approximately $68,181,000. PFA Pension Forsikringsaktieselskab owned about 0.10% of Mondelez International as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International during the third quarter worth about $27,000. Richardson Financial Services Inc. grew its holdings in Mondelez International by 141.0% during the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company's stock worth $30,000 after purchasing an additional 282 shares during the period. High Point Wealth Management LLC bought a new position in Mondelez International during the fourth quarter worth about $30,000. JPL Wealth Management LLC bought a new position in Mondelez International during the third quarter worth about $32,000. Finally, Lodestone Wealth Management LLC bought a new position in Mondelez International during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, the executive vice president directly owned 99,596 shares of the company's stock, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.45% of the company's stock.

Analysts Set New Price Targets

MDLZ has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on Mondelez International from $66.00 to $70.00 and gave the stock an "overweight" rating in a report on Monday, March 16th. Wells Fargo & Company lifted their price target on Mondelez International from $65.00 to $70.00 and gave the stock an "overweight" rating in a report on Thursday, February 12th. Zacks Research upgraded Mondelez International from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 25th. Bank of America raised their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, April 10th. Finally, Piper Sandler raised their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $67.05.

Mondelez International Stock Down 0.1%

MDLZ opened at $61.37 on Friday. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.39 and a current ratio of 0.54. The company has a market capitalization of $78.67 billion, a P/E ratio of 30.53, a P/E/G ratio of 2.51 and a beta of 0.39. The stock has a fifty day moving average of $57.96 and a 200-day moving average of $57.48.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter last year, the firm earned $0.76 earnings per share. The company's revenue was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International's dividend payout ratio (DPR) is currently 99.50%.

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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