Mondelez International, Inc. $MDLZ Shares Bought by CORDA Investment Management LLC.

CORDA Investment Management LLC. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 619,259 shares of the company’s stock after acquiring an additional 12,948 shares during the period. Mondelez International comprises approximately 2.2% of CORDA Investment Management LLC.’s portfolio, making the stock its 21st largest position. CORDA Investment Management LLC.’s holdings in Mondelez International were worth $35,818,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC purchased a new position in shares of Mondelez International during the fourth quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mondelez International in the 4th quarter valued at $28,000. High Point Wealth Management LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at $30,000. Finally, McIlrath & Eck LLC purchased a new stake in Mondelez International in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $62.18 on Tuesday. The stock has a fifty day moving average price of $61.18 and a 200 day moving average price of $59.96. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The stock has a market cap of $79.36 billion, a PE ratio of 22.86, a P/E/G ratio of 2.59 and a beta of 0.38. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. During the same quarter in the prior year, the firm earned $0.73 earnings per share. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.3%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, September 30th. Mondelez International’s payout ratio is 73.53%.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several recent research reports. Barclays increased their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. BNP Paribas Exane boosted their price target on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. TD Cowen increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus price target of $67.30.

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.