Janus Henderson Group PLC Raises Holdings in Mondelez International, Inc. $MDLZ

Janus Henderson Group PLC boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 76.2% in the first quarter, Holdings Channel reports. The institutional investor owned 200,069 shares of the company’s stock after acquiring an additional 86,543 shares during the period. Janus Henderson Group PLC’s holdings in Mondelez International were worth $11,533,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in shares of Mondelez International in the 4th quarter worth $25,000. Advocate Investing Services LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth $25,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International during the fourth quarter valued at about $28,000. High Point Wealth Management LLC bought a new stake in Mondelez International during the fourth quarter valued at about $30,000. Finally, McIlrath & Eck LLC purchased a new position in Mondelez International in the fourth quarter valued at about $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.6%

Shares of NASDAQ:MDLZ opened at $62.08 on Wednesday. The business’s 50-day moving average is $61.00 and its 200 day moving average is $59.66. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65. The firm has a market capitalization of $79.69 billion, a P/E ratio of 22.82, a P/E/G ratio of 2.51 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter last year, the company earned $0.73 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. On average, research analysts predict that Mondelez International, Inc. will post 3.04 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 73.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MDLZ shares. JPMorgan Chase & Co. boosted their target price on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. TD Cowen raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th. Finally, Barclays increased their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.30.

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.