Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Position in Mondelez International, Inc. $MDLZ

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.6% in the 3rd quarter, Holdings Channel reports. The firm owned 2,711,514 shares of the company’s stock after acquiring an additional 68,049 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Mondelez International were worth $169,388,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MDLZ. AlphaStar Capital Management LLC purchased a new stake in shares of Mondelez International in the 2nd quarter valued at $1,336,000. Asset Management One Co. Ltd. grew its stake in shares of Mondelez International by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after purchasing an additional 22,194 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in shares of Mondelez International by 70.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after buying an additional 193,956 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in Mondelez International by 32.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 147,913 shares of the company’s stock valued at $9,240,000 after purchasing an additional 36,037 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Mondelez International by 8.0% during the third quarter. Jones Financial Companies Lllp now owns 622,082 shares of the company’s stock valued at $39,220,000 after buying an additional 46,182 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MDLZ shares. Barclays reduced their target price on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Morgan Stanley decreased their target price on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. TD Cowen decreased their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Sanford C. Bernstein lowered their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Finally, DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Thirteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Trading Down 0.3%

Shares of Mondelez International stock opened at $59.94 on Friday. The firm has a market cap of $76.83 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.51 and a beta of 0.38. The business has a 50-day moving average price of $57.48 and a 200-day moving average price of $58.93. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the previous year, the company posted $0.65 EPS. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio is currently 106.38%.

Insider Buying and Selling

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the sale, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.