MDLZ stock icon

Mondelez International
MDLZ

$67.85
0.83%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 19 articles

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

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$76
12%
upside
Avg. target
$81
20%
upside
High target
$90
33%
upside

10 analyst ratings

10 positive
100%
neutral
0%
negative
0%
TD Cowen
Robert Moskow
16%upside
$79
Buy
Maintained
6 Jun 2024
Evercore ISI Group
16%upside
$79
Outperform
Maintained
4 Jun 2024
Wells Fargo
Chris Carey
12%upside
$76
Overweight
Maintained
4 Jun 2024
Bernstein
Alexia Howard
33%upside
$90
Outperform
Maintained
1 May 2024
JP Morgan
Ken Goldman
12%upside
$76
Overweight
Maintained
12 Apr 2024

Financial journalist opinion

Based on 19 articles about MDLZ published over the past 30 days