10,466 Shares in Mondelez International, Inc. $MDLZ Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,466 shares of the company’s stock, valued at approximately $603,000.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Mondelez International in the 4th quarter worth about $1,010,020,000. Capital International Investors raised its stake in shares of Mondelez International by 10.7% during the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after acquiring an additional 8,382,270 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after acquiring an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Mondelez International by 72.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after purchasing an additional 3,803,776 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of Mondelez International by 190.3% in the fourth quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after purchasing an additional 2,801,689 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on MDLZ. Rothschild & Co Redburn restated a “neutral” rating and set a $55.00 price objective (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. UBS Group lifted their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft lowered their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a report on Monday, March 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research report on Monday. Finally, Barclays raised their price target on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $66.44.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $60.86 on Thursday. The firm has a market cap of $78.12 billion, a price-to-earnings ratio of 30.28, a PEG ratio of 2.48 and a beta of 0.39. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average is $60.89 and its 200 day moving average is $59.17.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.04 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Mondelez International’s payout ratio is currently 99.50%.

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.