Rockefeller Capital Management L.P. Acquires 113,017 Shares of Mondelez International, Inc. $MDLZ

Rockefeller Capital Management L.P. increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 625,374 shares of the company’s stock after purchasing an additional 113,017 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Mondelez International were worth $33,664,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp purchased a new stake in Mondelez International during the 4th quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new position in Mondelez International during the fourth quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International during the 3rd quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International in the 4th quarter worth approximately $28,000. Finally, High Point Wealth Management LLC bought a new stake in Mondelez International in the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

MDLZ opened at $60.10 on Monday. The business has a fifty day moving average of $60.46 and a 200 day moving average of $58.29. The stock has a market cap of $77.15 billion, a P/E ratio of 29.90, a PEG ratio of 2.35 and a beta of 0.38. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15.

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

Mondelez International Dividend Announcement

The business 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 dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. TD Cowen boosted their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. UBS Group raised their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus 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.