BNP Paribas Financial Markets Has $177.45 Million Holdings in Mondelez International, Inc. $MDLZ

BNP Paribas Financial Markets cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 11.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,840,591 shares of the company’s stock after selling 385,243 shares during the period. BNP Paribas Financial Markets owned 0.22% of Mondelez International worth $177,452,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in Mondelez International during the second quarter valued at approximately $1,239,834,000. JPMorgan Chase & Co. grew its position in Mondelez International by 17.1% in 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 in the last quarter. Capital International Investors increased 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 worth $4,907,892,000 after purchasing an additional 6,958,868 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Mondelez International by 197.9% during the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock worth $274,221,000 after purchasing an additional 2,701,229 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Mondelez International by 103.2% during the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after purchasing an additional 2,637,287 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

NASDAQ MDLZ opened at $55.36 on Thursday. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a fifty day simple moving average of $58.19 and a 200 day simple moving average of $58.67. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The company has a market cap of $70.96 billion, a P/E ratio of 29.45, a P/E/G ratio of 2.36 and a beta of 0.38.

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

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid 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 3.6%. Mondelez International’s payout ratio is presently 106.38%.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Sanford C. Bernstein reduced their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Bank of America lowered their target price on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. TD Cowen cut their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Stifel Nicolaus decreased their price target on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company increased their price objective on Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $67.06.

Insider Buying and Selling at Mondelez International

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 transaction 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 approximately $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Mondelez International Company 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.