Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 257,350 Shares of Mondelez International, Inc. $MDLZ

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 64.7% during the first quarter, HoldingsChannel.com reports. The firm owned 655,180 shares of the company’s stock after acquiring an additional 257,350 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Mondelez International were worth $37,765,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Leo Wealth LLC grew its position in shares of Mondelez International by 2.4% during the 4th quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after buying an additional 176 shares during the period. Columbia Asset Management lifted its holdings in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after buying an additional 180 shares during the period. Commonwealth Retirement Investments LLC boosted its stake in Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after acquiring an additional 180 shares during the last quarter. West Paces Advisors Inc. boosted its stake in Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after acquiring an additional 186 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its holdings in Mondelez International by 5.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 3,393 shares of the company’s stock worth $196,000 after acquiring an additional 190 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of several recent research reports. 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 research report on Friday, April 10th. BTIG Research assumed coverage on Mondelez International in a research report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen upped their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, UBS Group increased 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 equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International Price Performance

Shares of MDLZ opened at $60.91 on Friday. 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 has a 50 day simple moving average of $60.95 and a 200 day simple moving average of $58.63. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The firm has a market capitalization of $78.19 billion, a PE ratio of 30.30, a P/E/G ratio of 2.32 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results 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 business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business 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. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is currently 99.50%.

Mondelez International Company 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.