DNB Asset Management AS Has $32.25 Million Holdings in Mondelez International, Inc. $MDLZ

DNB Asset Management AS raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 54.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 599,162 shares of the company’s stock after purchasing an additional 212,201 shares during the quarter. DNB Asset Management AS’s holdings in Mondelez International were worth $32,253,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. Brighton Jones LLC boosted its position in Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after buying an additional 7,025 shares in the last quarter. United Bank grew its stake in shares of Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Sei Investments Co. grew its stake in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after purchasing an additional 71,667 shares during the last quarter. Osterweis Capital Management Inc. grew its stake in shares of Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.9%

Shares of NASDAQ MDLZ opened at $60.44 on Friday. The company’s 50 day simple moving average is $58.20 and its 200 day simple moving average is $57.45. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The firm has a market capitalization of $77.58 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the business posted $0.76 earnings per share. Mondelez International’s revenue 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. On average, analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 price target (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. DA Davidson restated a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. TD Cowen boosted their target price on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price for the company. Finally, UBS Group boosted their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.