Ceredex Value Advisors LLC Acquires 151,994 Shares of Mondelez International, Inc. $MDLZ

Ceredex Value Advisors LLC raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 25.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 759,140 shares of the company’s stock after buying an additional 151,994 shares during the quarter. Mondelez International comprises about 1.1% of Ceredex Value Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Ceredex Value Advisors LLC owned approximately 0.06% of Mondelez International worth $47,423,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Capital International Sarl raised its position in shares of Mondelez International by 10.4% in the 3rd quarter. Capital International Sarl now owns 268,332 shares of the company’s stock valued at $16,763,000 after purchasing an additional 25,292 shares during the last quarter. Capital International Inc. CA raised its stake in shares of Mondelez International by 16.6% during the 3rd quarter. Capital International Inc. CA now owns 922,865 shares of the company’s stock valued at $57,651,000 after buying an additional 131,144 shares during the last quarter. Capital International Investors lifted its holdings in Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after acquiring an additional 6,958,868 shares during the period. Bank of Montreal Can lifted its stake in shares of Mondelez International by 15.2% in the 3rd quarter. Bank of Montreal Can now owns 1,472,176 shares of the company’s stock valued at $91,967,000 after purchasing an additional 194,313 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Mondelez International by 4.3% in the third quarter. Legal & General Group Plc now owns 8,232,098 shares of the company’s stock worth $514,259,000 after acquiring an additional 336,386 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of several recent analyst reports. TD Cowen decreased their price objective on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Argus raised shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Mizuho reduced their target price on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Price Performance

MDLZ stock opened at $58.17 on Tuesday. The business’s fifty day moving average price is $58.13 and its 200 day moving average price is $58.74. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $74.57 billion, a PE ratio of 30.94, a P/E/G ratio of 2.43 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced 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 analysts’ expectations of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.Mondelez International’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a $0.50 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Mondelez International’s payout ratio is 106.38%.

Insiders Place Their Bets

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’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 sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by insiders.

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.