Pacer Advisors Inc. Raises Stake in Mondelez International, Inc. $MDLZ

by · The Cerbat Gem

Pacer Advisors Inc. raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) by 16.5% during the fourth quarter, Holdings Channel reports. The fund owned 228,918 shares of the company’s stock after buying an additional 32,499 shares during the period. Pacer Advisors Inc.’s holdings in Mondelez International were worth $12,323,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Virtu Financial LLC raised its position in Mondelez International by 14.1% in the 4th quarter. Virtu Financial LLC now owns 32,501 shares of the company’s stock worth $1,750,000 after purchasing an additional 4,020 shares during the period. MV Capital Management Inc. purchased a new stake in Mondelez International during the fourth quarter valued at about $31,000. Cambient Family Office LLC purchased a new stake in Mondelez International during the fourth quarter valued at about $339,000. Invesco Ltd. grew its stake in shares of Mondelez International by 8.5% during the fourth quarter. Invesco Ltd. now owns 15,967,292 shares of the company’s stock valued at $859,519,000 after buying an additional 1,244,631 shares during the last quarter. Finally, Evansbrook LLC bought a new position in shares of Mondelez International during the fourth quarter valued at about $483,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on MDLZ shares. BTIG Research started coverage on Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price objective on the stock. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft reduced their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. TD Cowen lifted their price target on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Barclays boosted their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.05.

View Our Latest Analysis on Mondelez International

Mondelez International Price Performance

Shares of Mondelez International stock opened at $60.10 on Friday. The company’s fifty day simple moving average is $60.46 and its two-hundred day simple moving average is $58.27. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $71.15. The firm has a market cap of $77.15 billion, a PE ratio of 29.90, a price-to-earnings-growth 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 (NASDAQ:MDLZ – Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities analysts expect that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders 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 yield of 3.3%. Mondelez International’s dividend payout ratio is presently 99.50%.

Mondelez International 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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