Aviva PLC Increases Holdings in Mondelez International, Inc. $MDLZ

Aviva PLC grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,836,556 shares of the company’s stock after buying an additional 103,794 shares during the quarter. Aviva PLC’s holdings in Mondelez International were worth $98,862,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Mondelez International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock valued at $7,013,179,000 after purchasing an additional 1,646,213 shares during the last quarter. Capital International Investors grew its holdings in Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in 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 purchasing an additional 10,137,457 shares during the last quarter. State Street Corp grew its holdings in Mondelez International by 1.5% during the 3rd quarter. State Street Corp now owns 60,309,117 shares of the company’s stock valued at $3,797,087,000 after purchasing an additional 862,720 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Mondelez International by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock valued at $1,570,182,000 after purchasing an additional 108,179 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ stock opened at $63.36 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The company has a market capitalization of $81.33 billion, a P/E ratio of 31.52, a P/E/G ratio of 2.51 and a beta of 0.38. The company’s 50-day simple moving average is $60.04 and its two-hundred day simple moving average is $58.10. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a 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 analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. TD Cowen upped their price target on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company upped their price target on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Sanford C. Bernstein cut their price target on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $67.05.

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.