Sumitomo Mitsui DS Asset Management Company Ltd Has $10.44 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 32.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,863 shares of the company’s stock after selling 94,581 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Mondelez International were worth $10,436,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. McIlrath & Eck LLC bought a new stake in shares of Mondelez International during the fourth quarter valued at approximately $30,000. RNC Capital Management LLC acquired a new stake in Mondelez International during the fourth quarter worth $1,561,000. Principal Financial Group Inc. increased its holdings in Mondelez International by 1.6% in the 4th quarter. Principal Financial Group Inc. now owns 1,508,144 shares of the company’s stock valued at $81,183,000 after buying an additional 23,746 shares during the period. Headinvest LLC raised its stake in shares of Mondelez International by 11.8% in the 4th quarter. Headinvest LLC now owns 14,742 shares of the company’s stock valued at $794,000 after buying an additional 1,551 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co lifted its holdings in shares of Mondelez International by 4.1% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 307,165 shares of the company’s stock worth $16,535,000 after acquiring an additional 12,000 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Up 0.8%

NASDAQ MDLZ opened at $61.87 on Thursday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock’s 50 day moving average price is $58.04 and its two-hundred day moving average price is $57.45. The stock has a market capitalization of $79.31 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.40 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were given 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 yield of 3.2%. Mondelez International’s payout ratio is 99.50%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MDLZ. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Mizuho dropped their target price on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Sanford C. Bernstein decreased 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. Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, UBS Group boosted their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Insider Activity at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 3,064 shares of company stock worth $189,934. Corporate insiders own 0.45% 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.