Grantham Mayo Van Otterloo & Co. LLC Grows Position in Mondelez International, Inc. $MDLZ

Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 18.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 818,644 shares of the company’s stock after purchasing an additional 124,905 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned 0.06% of Mondelez International worth $51,141,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jamison Private Wealth Management Inc. lifted its holdings in Mondelez International by 0.6% during the third quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after purchasing an additional 172 shares in the last quarter. Financial Perspectives Inc boosted its holdings in Mondelez International by 22.9% in the 3rd quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock worth $59,000 after buying an additional 176 shares during the last quarter. Lakeridge Wealth Management LLC boosted its holdings in Mondelez International by 5.7% in the 2nd quarter. Lakeridge Wealth Management LLC now owns 3,405 shares of the company’s stock worth $230,000 after buying an additional 185 shares during the last quarter. Acorn Wealth Advisors LLC increased its stake in Mondelez International by 4.8% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock worth $259,000 after buying an additional 189 shares in the last quarter. Finally, Mccarter Private Wealth Services LLC increased its stake in Mondelez International by 3.9% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock worth $316,000 after buying an additional 190 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $58.40 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The stock’s fifty day moving average is $58.07 and its two-hundred day moving average is $58.80. The firm has a market capitalization of $74.86 billion, a P/E ratio of 31.06, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period last year, the company earned $0.65 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, research analysts anticipate that Mondelez International, Inc. will post 2.9 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, April 14th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several research reports. Piper Sandler raised their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Argus raised Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Finally, Wells Fargo & Company raised their price target on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Insider Buying and Selling

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

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.