Mondelez InternationalMDLZ
Market Cap: 89.1B
About: Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (49% of sales), chocolate (30%), gum/candy (12%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2023. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives around one third of revenue from developing markets, just more than one third from Europe, and the remainder from North America.
Employees: 91,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
0.47% less ownership
Funds ownership: 78.34% [Q4 2023] → 77.88% (-0.47%) [Q1 2024]
5% less capital invested
Capital invested by funds: $77.2B [Q4 2023] → $73.4B (-$3.8B) [Q1 2024]
6% less repeat investments, than reductions
Existing positions increased: 715 | Existing positions reduced: 758
1% less funds holding
Funds holding: 1,948 [Q4 2023] → 1,926 (-22) [Q1 2024]
14% less first-time investments, than exits
New positions opened: 139 | Existing positions closed: 161
27% less call options, than puts
Call options by funds: $314M | Put options by funds: $429M
35% less funds holding in top 10
Funds holding in top 10: 23 [Q4 2023] → 15 (-8) [Q1 2024]
Research analyst outlook
13 Wall Street Analysts provided 1 year price forecasts over the past 6 months
13 analyst ratings
Stifel Matthew Smith | 13%upside $75 | Buy Maintained | 23 Jul 2024 |
Barclays Andrew Lazar | 14%upside $76 | Overweight Maintained | 19 Jul 2024 |
Bernstein Alexia Howard | 32%upside $88 | Outperform Maintained | 17 Jul 2024 |
Deutsche Bank Stephen Powers | 13%upside $75 | Buy Maintained | 17 Jul 2024 |
B of A Securities Bryan Spillane | 20%upside $80 | Buy Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 15 articles about MDLZ published over the past 30 days