Mondelez International (MDLZ)

• Market cap: $79.4B
• 1 day: 0.20%
• 5 days: -4.13%
• 1 month: -7.81%
• 3 months: -20.05%
• 6 months: -10.10%
• Year to date: -19.57%
• 1 year: -14.34%
• 5 years: 7.20%
• 10 years: 58.37%
• Sector: Consumer Staples
• Industry: Food & Kindred Products

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 Q3 regulatory filings by fund managers ($100M+ AUM)

150% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 15 (+9) [Q3]

25% more call options, than puts

Call options by funds: $372M | Put options by funds: $298M

7% more capital invested

Capital invested by funds: $70.7B [Q2] → $75.7B (+$5.03B) [Q3]

9% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 148

1% more funds holding

Funds holding: 1,929 [Q2] → 1,943 (+14) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 738 | Existing positions reduced: 744

2.48% less ownership

Funds ownership: 80.52% [Q2] → 78.04% (-2.48%) [Q3]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $67 13% upside
• Avg. target: $80 34% upside
• High target: $85 43% upside

8 analyst ratings

• positive: 7 88%
• neutral: 1 13%
• negative: 0 0%

Deutsche Bank Stephen Powers 20% 1-year accuracy 1 / 5 met price target	13% upside $67	Hold Downgraded	12 Dec 2024
Wells Fargo Chris Carey 33% 1-year accuracy 11 / 33 met price target	25% upside $74	Overweight Maintained	5 Dec 2024
Citigroup Thomas Palmer 38% 1-year accuracy 13 / 34 met price target	31% upside $78	Buy Maintained	30 Oct 2024
Piper Sandler Michael Lavery 43% 1-year accuracy 23 / 54 met price target	41% upside $84	Overweight Maintained	30 Oct 2024
Stifel Matthew Smith 50% 1-year accuracy 16 / 32 met price target	38% upside $82	Buy Maintained	25 Oct 2024