Russell Investments Group Ltd. Grows Position in Mondelez International, Inc. $MDLZ

Russell Investments Group Ltd. boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,384,052 shares of the company’s stock after buying an additional 91,500 shares during the period. Russell Investments Group Ltd.’s holdings in Mondelez International were worth $86,463,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its holdings in shares of Mondelez International by 3.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock valued at $45,411,000 after acquiring an additional 22,194 shares during the period. Deprince Race & Zollo Inc. raised its position in Mondelez International by 70.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock valued at $29,302,000 after purchasing an additional 193,956 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Mondelez International by 32.2% during the 3rd 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 boosted its stake in Mondelez International by 8.0% during the 3rd 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, Confluence Investment Management LLC grew its position in Mondelez International by 324.5% during the 3rd quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock worth $138,928,000 after purchasing an additional 1,699,980 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 0.4%

Shares of Mondelez International stock opened at $58.17 on Tuesday. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The company has a market cap of $74.57 billion, a P/E ratio of 30.94, a PEG ratio of 2.43 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The firm has a fifty day moving average of $58.13 and a two-hundred day moving average of $58.74.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. The business’s quarterly 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. On average, analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s payout ratio is currently 106.38%.

Analyst Ratings Changes

A number of research analysts have commented on MDLZ shares. Sanford C. Bernstein dropped their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Wells Fargo & Company increased their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Bank of America lowered their price target on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. 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. Finally, Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Insiders Place Their Bets

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’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 transaction of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.41% of the company’s stock.

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.