Sumitomo Mitsui Trust Group Inc. Sells 67,646 Shares of Mondelez International, Inc. $MDLZ

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 2.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,964,202 shares of the company's stock after selling 67,646 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Mondelez International worth $171,390,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Miller Global Investments LLC purchased a new stake in shares of Mondelez International during the 3rd quarter valued at about $26,000. North Point Portfolio Managers Corp OH purchased a new position in Mondelez International in the 3rd quarter worth approximately $28,000. Ballast Advisors LLC acquired a new stake in Mondelez International in the first quarter valued at approximately $34,000. C M Bidwell & Associates Ltd. acquired a new stake in Mondelez International in the second quarter valued at approximately $35,000. Finally, Whipplewood Advisors LLC raised its stake in shares of Mondelez International by 35.5% during the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company's stock valued at $37,000 after purchasing an additional 169 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. BNP Paribas Exane boosted their target price on shares of Mondelez International from $70.00 to $72.00 and gave the stock an "outperform" rating in a research report on Friday. JPMorgan Chase & Co. dropped their price target on shares of Mondelez International from $72.00 to $71.00 and set an "overweight" rating on the stock in a research note on Friday, October 16th. The Goldman Sachs Group reiterated a "buy" rating and issued a $75.00 price objective on shares of Mondelez International in a report on Friday. HSBC upped their price objective on shares of Mondelez International from $71.00 to $72.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $73.00 target price (up from $70.00) on shares of Mondelez International in a research report on Wednesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $69.77.

Key Mondelez International News

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

Insiders Place Their Bets

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of Mondelez International 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 transaction, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company's stock.

Mondelez International Stock Performance

Mondelez International stock opened at $64.94 on Monday. The company has a market cap of $82.88 billion, a P/E ratio of 20.49, a PEG ratio of 2.51 and a beta of 0.34. The firm's 50-day moving average is $61.79 and its 200-day moving average is $60.34. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.42 and a current ratio of 0.62. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $66.65.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.07. Mondelez International had a net margin of 10.22% and a return on equity of 14.18%. The company had revenue of $9.97 billion during the quarter, compared to the consensus estimate of $9.98 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company's revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities analysts expect that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Profile

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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