Itau Unibanco Holding S.A. (NYSE: ITUB) Announces Stock Split

Company Overview - Itau Unibanco Holding S.A. is a major financial institution in Brazil, recognized as one of the largest banks in Latin America, competing with Banco Bradesco and Banco do Brasil [1] Stock Split Announcement - A stock split will occur on December 29, 2025, where shareholders will receive 103 shares for every 100 shares held, aimed at making shares more accessible to investors [2] Current Stock Performance - The current stock price of ITUB is $7.11, with a slight decrease of 0.21% or $0.015, and has fluctuated between $7.09 and $7.13 during the trading day [2] - Over the past year, the stock has reached a high of $8.13 and a low of $4.42 [2] Analyst Recommendations - Analysts have a consensus recommendation of "Moderate Buy," with two analysts rating it as a hold, three as a buy, and one as a strong buy [3] - The average twelve-month price target is approximately $7.09, with JPMorgan Chase increasing their price target from $7.00 to $8.00, assigning an "overweight" rating [3] Market Capitalization and Trading Activity - The market capitalization of ITUB is approximately $76.28 billion, indicating its significant presence in the financial sector [4] - Today's trading volume is 4,262,025 shares, reflecting active investor interest [4] - Weiss Ratings has reaffirmed a "buy" rating, indicating confidence in the company's future performance [4]