SBI Okasan Asset Management Co.Ltd. Acquires New Stake in Mondelez International, Inc. $MDLZ

by · The Cerbat Gem

SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,300 shares of the company’s stock, valued at approximately $622,000.

Other large investors have also made changes to their positions in the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International during the third quarter valued at $27,000. High Point Wealth Management LLC acquired a new stake in shares of Mondelez International during the fourth quarter valued at $30,000. McIlrath & Eck LLC acquired a new stake in shares of Mondelez International during the fourth quarter valued at $30,000. Navalign LLC acquired a new stake in shares of Mondelez International during the fourth quarter valued at $31,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Mondelez International during the third quarter valued at $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MDLZ. Barclays increased their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. DA Davidson reaffirmed a “neutral” rating and set a $62.00 price objective on shares of Mondelez International in a research note on Wednesday, February 4th. JPMorgan Chase & Co. raised their price target on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company raised their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Check Out Our Latest Analysis on MDLZ

Mondelez International Stock Performance

Mondelez International stock opened at $61.17 on Friday. The stock’s 50-day moving average is $59.19 and its 200-day moving average is $57.73. The company has a market cap of $78.52 billion, a price-to-earnings ratio of 30.43, a price-to-earnings-growth ratio of 2.44 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZ – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion for 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 company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Mondelez International Company Profile

(Free Report)

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.

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