Mondelez InternationalMDLZ
Market Cap: $101B
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 Q2 SEC filings by fund managers ($100M+ AUM)
32% more call options, than puts
Call options by funds: $305M | Put options by funds: $230M
0.66% less ownership
Funds ownership: 79.55% [Q1] → 78.9% (-0.66%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 710 | Existing positions reduced: 785
2% less funds holding
Funds holding: 1,949 [Q1] → 1,906 (-43) [Q2]
8% less capital invested
Capital invested by funds: $75B [Q1] → $69.3B (-$5.74B) [Q2]
25% less first-time investments, than exits
New positions opened: 126 | Existing positions closed: 169
60% less funds holding in top 10
Funds holding in top 10: 15 [Q1] → 6 (-9) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Goldman Sachs Leah Jordan 75% 1-year accuracy 3 / 4 met price target | 6%upside $80 | Buy Initiated | 12 Aug 2024 |
Piper Sandler Michael Lavery 67% 1-year accuracy 20 / 30 met price target | 1%upside $76 | Overweight Maintained | 9 Aug 2024 |
JP Morgan Ken Goldman 89% 1-year accuracy 8 / 9 met price target | 3%downside $73 | Overweight Maintained | 31 Jul 2024 |
Piper Sandler Michael Lavery 67% 1-year accuracy 20 / 30 met price target | 4%upside $78 | Overweight Maintained | 31 Jul 2024 |
Stifel Matthew Smith 61% 1-year accuracy 20 / 33 met price target | 0%downside $75 | Buy Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 11 articles about MDLZ published over the past 30 days