Deutsche Bank AG Buys 1,589,713 Shares of Mondelez International, Inc. $MDLZ

Deutsche Bank AG raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 12.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,353,633 shares of the company’s stock after buying an additional 1,589,713 shares during the period. Deutsche Bank AG owned about 1.11% of Mondelez International worth $772,656,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Leo Wealth LLC raised its stake in Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock valued at $403,000 after buying an additional 176 shares during the period. Columbia Asset Management raised its stake in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after buying an additional 180 shares during the period. Commonwealth Retirement Investments LLC raised its stake in Mondelez International by 0.9% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after buying an additional 180 shares during the period. West Paces Advisors Inc. raised its stake in Mondelez International by 1.1% in the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after buying an additional 186 shares during the period. Finally, Everett Harris & Co. CA raised its stake in Mondelez International by 2.3% in the fourth quarter. Everett Harris & Co. CA now owns 8,507 shares of the company’s stock valued at $458,000 after buying an additional 194 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Mondelez International stock opened at $62.93 on Wednesday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock’s 50 day moving average is $59.81 and its 200-day moving average is $57.99. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $80.78 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 2.41 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The company 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 $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is presently 99.50%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Zacks Research upgraded Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Wells Fargo & Company upped their price objective on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. TD Cowen upped their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Bank of America upped their target price on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.05.

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.