Mirae Asset Global Investments Co. Ltd. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor acquired 905,135 shares of the company’s stock, valued at approximately $52,335,000.
A number of other hedge funds also recently made changes to their positions in the business. Miller Global Investments LLC acquired a new stake in Mondelez International during the third quarter valued at approximately $26,000. North Point Portfolio Managers Corp OH acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $28,000. Ballast Advisors LLC acquired a new position in shares of Mondelez International in the 1st quarter worth approximately $34,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Mondelez International in the 2nd quarter worth approximately $35,000. Finally, Whipplewood Advisors LLC lifted its position in shares of Mondelez International by 35.5% during the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after buying an additional 169 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.
Mondelez International Stock Performance
Shares of NASDAQ:MDLZ opened at $64.94 on Monday. The stock has a market capitalization of $82.88 billion, a P/E ratio of 20.49, a P/E/G ratio of 2.51 and a beta of 0.34. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $66.65. The company has a current ratio of 0.62, a quick ratio of 0.42 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average price of $61.79 and a two-hundred day moving average price of $60.34.
Insiders Place Their Bets
In other news, CEO Dirk Van de Put sold 133,580 shares of Mondelez International stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer owned 1,326,488 shares in the company, valued at $85,001,351.04. The trade was a 9.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company’s stock.
Analyst Ratings Changes
Several analysts recently commented on MDLZ shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $75.00 price target on shares of Mondelez International in a research note on Friday. JPMorgan Chase & Co. dropped their price objective on Mondelez International from $72.00 to $71.00 and set an “overweight” rating for the company in a research note on Friday, October 16th. UBS Group increased their price objective on Mondelez International from $64.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Wells Fargo & Company lifted their price objective on Mondelez International from $65.00 to $68.00 and gave the company an “overweight” rating in a report on Friday. Finally, HSBC boosted their target price on shares of Mondelez International from $71.00 to $72.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $69.77.
Read Our Latest Research Report on Mondelez International
Trending Headlines about Mondelez International
Here are the key news stories impacting Mondelez International this week:
- Positive Sentiment: Adjusted EPS exceeded expectations: Mondelez reported adjusted earnings of $0.78 per share, above the roughly $0.71–$0.72 consensus and up from $0.73 a year earlier. Lower costs and stronger margins helped offset pricing and currency pressures. Mondelez Q3 Earnings Beat Estimates on Lower Costs, Revenues Miss
- Positive Sentiment: Broad-based operating growth: Third-quarter net revenue rose 2.3% year over year to $9.97 billion, organic revenue increased 2.1%, and volume/mix improved 1.8%. Emerging-market growth and particularly strong European sales supported results. Mondelēz International Reports Q3 2026 Results
- Positive Sentiment: Constructive outlook and analyst support: Management reaffirmed its 2026 outlook and signaled strong EPS growth potential in 2027. A projected 500,000-ton cocoa surplus could ease input-cost pressure, while emerging markets offer additional distribution growth. BNP Paribas Exane raised its target to $72 with an “outperform” rating, and Wells Fargo raised its target to $68 with an “overweight” rating. Mondelez signals strong EPS growth in 2027
- Neutral Sentiment: Year-to-date operating cash flow was $2.6 billion, free cash flow was $1.7 billion, and shareholder returns totaled $2.8 billion, supporting the company’s capital-allocation profile.
- Negative Sentiment: Revenue narrowly missed analyst expectations, indicating that sales growth remains modest despite volume gains. Profit also remains down on a year-to-date basis, leaving execution and commodity costs as ongoing risks. Mondelez beats third-quarter profit estimates on cost-cutting boost
About Mondelez International
Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.
The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.
Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.
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