Teachers Retirement System of The State of Kentucky Has $5.60 Million Holdings in Mondelez International, Inc. $MDLZ

Key Points

• Teachers Retirement System of Kentucky cut its Mondelez stake by 61.2%, selling 163,925 shares in Q4 and now holding 103,943 shares worth about $5.60 million.
• Mondelez beat quarterly expectations and set FY26 guidance: it reported $0.72 EPS vs $0.70 expected with $10.50B revenue (+9.3% YoY), and announced a $0.50 quarterly dividend (annualized $2.00, 3.5% yield; DPR 106.38%).
• Market sentiment and insider activity: analysts have a consensus "Moderate Buy" with a $66.47 target, while EVP Gustavo Carlos Valle sold 3,000 shares at $62, reducing his stake to 99,596 shares.

Teachers Retirement System of The State of Kentucky cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 61.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,943 shares of the company's stock after selling 163,925 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Mondelez International were worth $5,596,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. raised its position in shares of Mondelez International by 3.1% during the third quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company's stock worth $45,411,000 after purchasing an additional 22,194 shares during the period. Deprince Race & Zollo Inc. raised its position in shares of Mondelez International by 70.5% during the third quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company's stock worth $29,302,000 after purchasing an additional 193,956 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Mondelez International by 32.2% during the third quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company's stock worth $9,240,000 after purchasing an additional 36,037 shares during the period. Jones Financial Companies Lllp raised its position in shares of Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company's stock worth $39,220,000 after purchasing an additional 46,182 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Mondelez International by 11.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,919,719 shares of the company's stock worth $121,269,000 after purchasing an additional 196,614 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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 stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president directly owned 99,596 shares of the company's stock, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.45% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on MDLZ. TD Cowen dropped their price target on Mondelez International from $68.00 to $62.00 and set a "buy" rating on the stock in a research report on Thursday, January 8th. JPMorgan Chase & Co. dropped their price target on Mondelez International from $69.00 to $67.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 4th. Bank of America raised their price target on Mondelez International from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, April 10th. Stifel Nicolaus dropped their price target on Mondelez International from $70.00 to $68.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mondelez International in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Mondelez International currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.47.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $57.61 on Monday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The stock has a market cap of $73.85 billion, a P/E ratio of 30.64, a P/E/G ratio of 2.45 and a beta of 0.37. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The business's 50 day moving average is $58.01 and its 200-day moving average is $57.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion for the quarter, compared to analysts' expectations of $10.32 billion. During the same quarter in the prior year, the business posted $0.65 EPS. The business's revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts predict that Mondelez International, Inc. will post 3.03 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, March 31st. Mondelez International's dividend payout ratio (DPR) is presently 106.38%.

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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