Nomura Asset Management Co. Ltd. Buys 26,048 Shares of Mondelez International, Inc. $MDLZ

Nomura Asset Management Co. Ltd. boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.2% in the fourth quarter, Holdings Channel reports. The firm owned 846,625 shares of the company’s stock after acquiring an additional 26,048 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Mondelez International were worth $45,574,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International during the third quarter worth approximately $27,000. High Point Wealth Management LLC bought a new stake in Mondelez International during the fourth quarter worth approximately $30,000. McIlrath & Eck LLC bought a new stake in Mondelez International during the fourth quarter worth approximately $30,000. Navalign LLC bought a new stake in Mondelez International during the fourth quarter worth approximately $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Mondelez International during the third quarter worth approximately $32,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ stock opened at $61.17 on Monday. The stock has a 50 day moving average of $59.19 and a 200-day moving average of $57.74. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a market cap of $78.52 billion, a PE ratio of 30.43, a price-to-earnings-growth ratio of 2.39 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.Mondelez International’s revenue was up 8.2% on a year-over-year basis. 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, equities analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. BTIG Research assumed coverage on Mondelez International in a report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target for the company. DA Davidson reiterated a “neutral” rating and set a $62.00 price target on shares of Mondelez International in a report on Wednesday, February 4th. Bank of America upped their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, April 10th. JPMorgan Chase & Co. upped their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Piper Sandler upped their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.05.

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.