Mitsubishi UFJ Asset Management Co. Ltd. Has $187.88 Million Holdings in Mondelez International, Inc. $MDLZ

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.3% during the second quarter, Holdings Channel reports. The fund owned 3,248,216 shares of the company’s stock after purchasing an additional 221,911 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Mondelez International were worth $187,877,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. OLD Republic International Corp lifted its position in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock valued at $22,291,000 after purchasing an additional 252,700 shares during the period. Allstate Corp grew its position in shares of Mondelez International by 107.7% during the 4th quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after buying an additional 50,562 shares during the period. BNP Paribas Financial Markets grew its position in shares of Mondelez International by 41.0% during the 4th quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after buying an additional 1,166,036 shares during the period. PKO Investment Management Joint Stock Co raised its stake in shares of Mondelez International by 115.0% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock worth $5,440,000 after buying an additional 54,066 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in shares of Mondelez International by 15.3% during the fourth quarter. Wealthfront Advisers LLC now owns 216,823 shares of the company’s stock worth $11,672,000 after buying an additional 28,797 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

MDLZ has been the subject of several recent research reports. TD Cowen upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. BNP Paribas Exane boosted their target price on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Finally, Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $62.66 on Wednesday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65. The company has a market cap of $79.97 billion, a P/E ratio of 23.04, a P/E/G ratio of 2.59 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The stock’s 50-day simple moving average is $61.18 and its 200 day simple moving average is $59.99.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.3%. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Wednesday, September 30th. Mondelez International’s payout ratio is currently 73.53%.

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.