Sumitomo Mitsui Trust Group Inc. Sells 307,631 Shares of Mondelez International, Inc. $MDLZ

Key Points

• Sumitomo Mitsui Trust Group reduced its Mondelez stake by 9.2%, selling 307,631 shares and retaining 3.03 million shares worth approximately $175.4 million. Institutional investors collectively own 78.32% of MDLZ.
• Mondelez exceeded quarterly expectations, reporting $0.73 in EPS versus the $0.68 consensus and $9.36 billion in revenue, up 4.1% year over year. The company maintained fiscal 2026 EPS guidance of $2.97–$3.12.
• The company pays a quarterly dividend of $0.50 per share, equivalent to a 3.1% annual yield. Analysts have a “Moderate Buy” consensus rating and an average price target of $67.30, compared with a recent share price of $63.61.

Sumitomo Mitsui Trust Group Inc. decreased its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 9.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,031,848 shares of the company's stock after selling 307,631 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.24% of Mondelez International worth $175,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International in the fourth quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new position in Mondelez International during the 4th quarter worth approximately $28,000. High Point Wealth Management LLC bought a new position in Mondelez International during the 4th quarter worth approximately $30,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $30,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $63.61 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $66.65. The company has a fifty day moving average of $61.17 and a 200-day moving average of $59.92. The firm has a market capitalization of $81.19 billion, a P/E ratio of 23.39, a P/E/G ratio of 2.58 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.05. The business had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. Mondelez International's revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 3.05 EPS for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. Mondelez International's dividend payout ratio is currently 73.53%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MDLZ. Freedom Capital cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 26th. Barclays boosted their target price on shares of Mondelez International from $68.00 to $70.00 and gave the company an "overweight" rating in a report on Thursday, July 30th. UBS Group upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a "neutral" rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Finally, TD Cowen increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, Mondelez International currently has an average rating of "Moderate Buy" and an average price target of $67.30.

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company's product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.

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