Deprince Race & Zollo Inc. Grows Holdings in Mondelez International, Inc. $MDLZ

Deprince Race & Zollo Inc. boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 2.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 706,831 shares of the company’s stock after acquiring an additional 14,600 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Mondelez International were worth $40,742,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. OLD Republic International Corp lifted its holdings in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares in the last quarter. Allstate Corp grew its stake in shares of Mondelez International by 107.7% in the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after acquiring an additional 50,562 shares in the last quarter. VCI Wealth Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth $970,000. BNP Paribas Financial Markets raised its stake in shares of Mondelez International by 41.0% in the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock valued at $215,677,000 after acquiring an additional 1,166,036 shares in the last quarter. Finally, E. Ohman J or Asset Management AB acquired a new stake in shares of Mondelez International in the fourth quarter valued at $2,629,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

Mondelez International stock opened at $59.35 on Thursday. The stock has a market cap of $76.18 billion, a P/E ratio of 29.53, a price-to-earnings-growth ratio of 2.26 and a beta of 0.39. The company has a fifty day simple moving average of $60.86 and a 200-day simple moving average of $58.59. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

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

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MDLZ. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. 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. TD Cowen increased their price target on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus target price 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.