Rep. Thomas H. Kean, Jr. Sells Off Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Key Points

• Rep. Thomas H. Kean Jr. sold $1,001–$15,000 of Mondelez shares on September 23 from the Kean Family Partnership account.
• Mondelez reported quarterly EPS of $0.78, beating the $0.71 analyst consensus, while revenue rose 2.3% year over year to $9.97 billion.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $69.30 versus a recent price of $66.38; CEO Dirk Van de Put also sold approximately $8.6 million in shares.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Mondelez International, Inc. NASDAQ: MDLZ. In a filing disclosed on October 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mondelez International stock on September 23rd. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Stryker NYSE: SYK on 9/30/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 9/30/2026.
• Purchased $1,001 - $15,000 in shares of ESAB NYSE: ESAB on 9/29/2026.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 9/17/2026.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 9/17/2026.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 8/27/2026.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 8/27/2026.
• Purchased $1,001 - $15,000 in shares of MasTec NYSE: MTZ on 8/21/2026.
• Sold $1,001 - $15,000 in shares of Amcor NYSE: AMCR on 8/10/2026.

Mondelez International Price Performance

Mondelez International stock opened at $66.38 on Tuesday. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $66.65. The stock has a market capitalization of $84.72 billion, a P/E ratio of 20.94, a P/E/G ratio of 2.40 and a beta of 0.38. The firm's 50-day moving average is $61.83 and its two-hundred day moving average is $60.39. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.07. The business had revenue of $9.97 billion during the quarter, compared to analyst estimates of $9.98 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company's revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. Equities analysts predict that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several recent analyst reports. Wells Fargo & Company lifted their target price on shares of Mondelez International from $65.00 to $68.00 and gave the stock an "overweight" rating in a research note on Friday. Weiss Ratings reissued a "hold (c)" rating on shares of Mondelez International in a research note on Friday. Jefferies Financial Group restated a "buy" rating and set a $73.00 price objective (up from $70.00) on shares of Mondelez International in a report on Wednesday, July 29th. Freedom Broker raised Mondelez International from a "hold" rating to a "buy" rating and set a $71.00 price objective for the company in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their target price 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. Seventeen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $69.30.

Insider Buying and Selling at Mondelez International

In other news, CEO Dirk Van de Put sold 133,580 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total value of $8,559,806.40. Following the completion of the sale, the chief executive officer directly owned 1,326,488 shares of the company's stock, valued at $85,001,351.04. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by corporate insiders.

Mondelez International News Roundup

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Analyst upgrades and higher targets: Freedom Broker upgraded MDLZ from “hold” to “buy” and set a $71 price target. Other analysts also raised their targets to $68 and $72, signaling improved confidence in the company’s earnings outlook. Freedom Broker recommendations Mondelez price target raised to $68 Mondelez price target raised to $72
• Positive Sentiment: Strong earnings and operational resilience: Recent results showed earnings above consensus, 2.1% organic revenue growth, significant adjusted gross-profit growth, and margin expansion. The performance helped MDLZ reach a new 12-month high and reinforced the bullish investment case. Mondelez reaches 12-month high Oreo refresh and volume resilience
• Positive Sentiment: Emerging-market momentum: CEO Dirk Van de Put said snacking demand remains “clearly strong” in markets such as India and Brazil. Investors may view this growth as an important offset to slower conditions in some developed markets. Mondelez CEO discusses emerging-market snacking demand
• Positive Sentiment: Product and portfolio catalysts: An upcoming Oreo refresh and the Undercover Snacks acquisition could support product innovation, volumes, and longer-term growth, while MDLZ’s international diversification supports revenue stability. Mondelez growth catalysts
• Neutral Sentiment: International revenue trends remain central to Wall Street forecasts; investors are assessing whether emerging-market strength can offset currency effects and uneven regional demand. Mondelez international markets analysis
• Negative Sentiment: Commodity-cost volatility and broader macroeconomic pressures remain risks to margins and valuation, although recent results suggest MDLZ has managed those challenges effectively. Mondelez macro and commodity risks

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Baird Financial Group Inc. lifted its stake in Mondelez International by 5.1% in the 2nd quarter. Baird Financial Group Inc. now owns 354,894 shares of the company's stock worth $20,527,000 after acquiring an additional 17,248 shares in the last quarter. First Trust Advisors LP boosted its position in Mondelez International by 10.1% during the 1st quarter. First Trust Advisors LP now owns 1,131,640 shares of the company's stock worth $65,228,000 after acquiring an additional 103,778 shares during the period. Ethic Inc. grew its stake in Mondelez International by 21.5% during the 2nd quarter. Ethic Inc. now owns 235,350 shares of the company's stock valued at $13,613,000 after acquiring an additional 41,601 shares in the last quarter. Amundi grew its stake in Mondelez International by 18.0% during the 1st quarter. Amundi now owns 3,243,030 shares of the company's stock valued at $186,928,000 after acquiring an additional 494,996 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Mondelez International by 58.6% during the 2nd quarter. NewEdge Advisors LLC now owns 141,366 shares of the company's stock valued at $8,177,000 after acquiring an additional 52,244 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election. Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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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