National Pension Service Sells 670,097 Shares of Mondelez International, Inc. $MDLZ

National Pension Service decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 16.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,501,930 shares of the company’s stock after selling 670,097 shares during the period. National Pension Service owned about 0.27% of Mondelez International worth $188,509,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International during the third quarter valued at approximately $27,000. High Point Wealth Management LLC bought a new position in Mondelez International during the fourth quarter valued at approximately $30,000. McIlrath & Eck LLC bought a new position in Mondelez International during the fourth quarter valued at approximately $30,000. Navalign LLC purchased a new stake in Mondelez International during the fourth quarter valued at approximately $31,000. Finally, JPL Wealth Management LLC purchased a new stake in Mondelez International during the third quarter valued at approximately $32,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 2.0%

Shares of MDLZ stock opened at $61.17 on Friday. 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 $78.52 billion, a P/E ratio of 30.43, a P/E/G ratio of 2.44 and a beta of 0.39. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a 50 day simple moving average of $59.19 and a two-hundred day simple moving average of $57.73.

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

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is 99.50%.

Wall Street Analyst Weigh In

A number of analysts have commented on MDLZ shares. Stifel Nicolaus reduced their target price on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Bank of America upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. Barclays upped their target price on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International 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.