ING Groep NV Grows Position in Mondelez International, Inc. $MDLZ

ING Groep NV grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6,741.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 476,675 shares of the company’s stock after buying an additional 469,708 shares during the period. ING Groep NV’s holdings in Mondelez International were worth $25,659,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. KERR FINANCIAL PLANNING Corp acquired a new position in Mondelez International in the third quarter valued at $27,000. JPL Wealth Management LLC acquired a new position in Mondelez International in the third quarter valued at $32,000. McIlrath & Eck LLC acquired a new position in Mondelez International in the fourth quarter valued at $30,000. High Point Wealth Management LLC acquired a new position in Mondelez International in the fourth quarter valued at $30,000. Finally, Navalign LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MDLZ. Wells Fargo & Company boosted their price objective on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. UBS Group boosted their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. boosted 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Stock Up 1.7%

Shares of NASDAQ MDLZ opened at $62.04 on Friday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The firm has a market cap of $79.64 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 2.43 and a beta of 0.38. 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’s 50-day simple moving average is $59.64 and its 200-day simple moving average is $57.89.

Mondelez International (NASDAQ:MDLZ) last announced 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. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.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 previous year, the company earned $0.76 earnings per share. The company’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. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is presently 99.50%.

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.