Banco Bilbao Vizcaya Argentaria S.A. Boosts Position in Mondelez International, Inc. $MDLZ

Banco Bilbao Vizcaya Argentaria S.A. raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 19.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 211,588 shares of the company’s stock after purchasing an additional 34,100 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Mondelez International were worth $13,222,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Capital International Investors grew its stake in Mondelez International by 9.7% in the 3rd 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 last quarter. JPMorgan Chase & Co. raised its position in Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after acquiring an additional 10,137,457 shares during the last quarter. State Street Corp raised its position in Mondelez International by 1.1% during the second quarter. State Street Corp now owns 59,446,397 shares of the company’s stock worth $4,036,594,000 after acquiring an additional 670,634 shares during the last quarter. Norges Bank purchased a new stake in shares of Mondelez International in the second quarter valued at about $1,239,834,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Mondelez International by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock valued at $977,337,000 after purchasing an additional 323,602 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Insider Activity

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This trade represents 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 owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Argus raised shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Bank of America lowered 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. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Finally, Piper Sandler boosted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $67.06.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $54.89 on Monday. The company has a 50-day simple moving average of $58.23 and a 200-day simple moving average of $58.54. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39. The company has a market cap of $70.36 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. 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 firm posted $0.65 earnings per share. The company’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. On average, equities analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Mondelez International’s dividend payout ratio is currently 106.38%.

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.