NEOS Investment Management LLC Raises Stock Position in Mondelez International, Inc. $MDLZ

NEOS Investment Management LLC increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 57.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 564,397 shares of the company’s stock after purchasing an additional 206,741 shares during the period. NEOS Investment Management LLC’s holdings in Mondelez International were worth $35,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Clear Investment Research LLC grew its stake in shares of Mondelez International by 56.4% in the third quarter. Clear Investment Research LLC now owns 860 shares of the company’s stock valued at $54,000 after buying an additional 310 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Mondelez International by 4.5% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 8,160 shares of the company’s stock worth $510,000 after acquiring an additional 353 shares during the period. Summitry LLC boosted its holdings in Mondelez International by 30.2% in the 3rd quarter. Summitry LLC now owns 5,214 shares of the company’s stock worth $326,000 after acquiring an additional 1,208 shares during the period. M&G PLC grew its position in Mondelez International by 26.9% in the third quarter. M&G PLC now owns 209,046 shares of the company’s stock valued at $12,961,000 after acquiring an additional 44,315 shares in the last quarter. Finally, Tobam raised its stake in shares of Mondelez International by 651.8% during the third quarter. Tobam now owns 61,835 shares of the company’s stock valued at $3,863,000 after purchasing an additional 53,610 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Insider Activity

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Mizuho lowered their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Royal Bank Of Canada lowered their target price on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Piper Sandler boosted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Morgan Stanley lowered their price objective on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Mondelez International in a research report on Monday, January 26th. Thirteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.75.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $62.59 on Tuesday. The company has a market cap of $80.23 billion, a PE ratio of 33.29, a P/E/G ratio of 2.61 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. The firm has a 50-day simple moving average of $56.56 and a 200 day simple moving average of $59.03. 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 (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.50 dividend. 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, March 31st. Mondelez International’s dividend payout ratio is currently 106.38%.

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.