BNP Paribas Has $8.72 Million Position in Mondelez International, Inc. $MDLZ

BNP Paribas boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.6% during the third quarter, HoldingsChannel.com reports. The firm owned 138,165 shares of the company’s stock after acquiring an additional 9,809 shares during the period. BNP Paribas’ holdings in Mondelez International were worth $8,715,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MDLZ. Capital International Investors boosted its stake in shares of Mondelez International by 9.7% during the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock valued at $4,907,892,000 after buying an additional 6,958,868 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Mondelez International by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after acquiring an additional 10,137,457 shares in the last quarter. State Street Corp increased its stake in shares of Mondelez International by 1.1% in 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 acquired a new position in shares of Mondelez International in the second quarter worth $1,239,834,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Mondelez International by 2.1% during the third quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock worth $977,337,000 after acquiring an additional 323,602 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Insider Buying and Selling

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares of the company’s stock, 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 SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $54.89 on Friday. The stock has a market capitalization of $70.36 billion, a P/E ratio of 29.20, a P/E/G ratio of 2.29 and a beta of 0.38. The business has a 50-day moving average of $58.23 and a two-hundred day moving average of $58.56. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating 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 analyst estimates of $10.32 billion. During the same quarter in the prior year, the firm posted $0.65 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Argus raised Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Piper Sandler raised their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. TD Cowen reduced their price target on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. JPMorgan Chase & Co. lowered their price target on Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Finally, Sanford C. Bernstein dropped their price objective on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $67.06.

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.