Aviva PLC Purchases 103,794 Shares of Mondelez International, Inc. $MDLZ

Aviva PLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,836,556 shares of the company’s stock after buying an additional 103,794 shares during the period. Aviva PLC owned about 0.14% of Mondelez International worth $98,862,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MDLZ. Norges Bank bought a new position in Mondelez International in the 4th quarter worth $1,010,020,000. JPMorgan Chase & Co. boosted its holdings in Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock worth $4,347,170,000 after buying an additional 10,137,457 shares during the period. Capital International Investors boosted its holdings in Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after buying an additional 8,382,270 shares during the period. Van ECK Associates Corp lifted its stake in Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock worth $324,363,000 after purchasing an additional 2,637,287 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock worth $297,694,000 after purchasing an additional 1,849,482 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 1.3%

Shares of NASDAQ MDLZ opened at $63.36 on Friday. The firm’s 50-day moving average price is $60.04 and its 200-day moving average price is $58.10. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $81.33 billion, a price-to-earnings ratio of 31.52, a P/E/G ratio of 2.51 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 earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Mondelez International’s dividend payout ratio is currently 99.50%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several research analyst reports. Sanford C. Bernstein decreased their price target on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Barclays boosted their price target on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. TD Cowen boosted their price target on shares of Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $67.05.

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.