Banco Santander S.A. Has $3.80 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Banco Santander S.A. trimmed its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 74.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,802 shares of the company’s stock after selling 181,404 shares during the quarter. Banco Santander S.A.’s holdings in Mondelez International were worth $3,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Jamison Private Wealth Management Inc. grew its stake in shares of Mondelez International by 0.6% in the third quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after buying an additional 172 shares in the last quarter. Financial Perspectives Inc lifted its stake in Mondelez International by 22.9% in the third quarter. Financial Perspectives Inc now owns 944 shares of the company’s stock valued at $59,000 after acquiring an additional 176 shares during the last quarter. Lakeridge Wealth Management LLC lifted its stake in Mondelez International by 5.7% in the second quarter. Lakeridge Wealth Management LLC now owns 3,405 shares of the company’s stock valued at $230,000 after acquiring an additional 185 shares during the last quarter. Acorn Wealth Advisors LLC grew its position in shares of Mondelez International by 4.8% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after acquiring an additional 189 shares during the period. Finally, Mccarter Private Wealth Services LLC increased its stake in shares of Mondelez International by 3.9% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 5,054 shares of the company’s stock worth $316,000 after purchasing an additional 190 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MDLZ. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Mizuho cut their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, January 8th. Bank of America decreased their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Piper Sandler raised their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Wells Fargo & Company lifted their price objective on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Up 2.7%

Shares of MDLZ opened at $61.58 on Friday. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The firm’s 50 day moving average is $57.62 and its 200-day moving average is $58.93. The stock has a market capitalization of $78.94 billion, a PE ratio of 32.76, a P/E/G ratio of 2.50 and a beta of 0.38. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the business posted $0.65 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be given 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 3.2%. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is currently owned by company insiders.

Mondelez International 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.