Mondelez International, Inc. $MDLZ Shares Bought by Legal & General Group Plc

Legal & General Group Plc lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 8,232,098 shares of the company’s stock after buying an additional 336,386 shares during the period. Legal & General Group Plc’s holdings in Mondelez International were worth $514,259,000 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 business. Brighton Jones LLC increased its stake in Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after acquiring an additional 7,025 shares during the last quarter. United Bank lifted its holdings in Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after buying an additional 3,070 shares in the last quarter. Savant Capital LLC boosted its holdings in Mondelez International by 43.9% in the second quarter. Savant Capital LLC now owns 41,964 shares of the company’s stock valued at $2,830,000 after purchasing an additional 12,807 shares during the last quarter. AE Wealth Management LLC boosted its stake in shares of Mondelez International by 26.4% during the 2nd quarter. AE Wealth Management LLC now owns 65,320 shares of the company’s stock valued at $4,405,000 after buying an additional 13,652 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its stake in Mondelez International by 39.9% during the 2nd quarter. Prospera Financial Services Inc now owns 38,042 shares of the company’s stock valued at $2,566,000 after acquiring an additional 10,848 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. DA Davidson reiterated a “neutral” rating and issued a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, UBS Group dropped their target price on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Performance

MDLZ opened at $56.58 on Wednesday. The business has a fifty day simple moving average of $58.16 and a 200-day simple moving average of $58.69. 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 firm has a market cap of $72.53 billion, a PE ratio of 30.10, a P/E/G ratio of 2.42 and a beta of 0.38. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio is 106.38%.

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.