TD Asset Management Inc Sells 88,284 Shares of Mondelez International, Inc. $MDLZ

Key Points

• TD Asset Management reduced its Mondelez stake by 10.9%, selling 88,284 shares in the second quarter and retaining 723,302 shares valued at approximately $41.8 million. Institutional investors collectively own 78.32% of MDLZ.
• Mondelez reported quarterly EPS of $0.73, exceeding the $0.68 consensus estimate, while revenue reached $9.36 billion, up 4.1% year over year. The company guided to fiscal 2026 EPS of $2.97–$3.12.
• The stock opened at $63.61, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $67.30. Mondelez also pays a $0.50 quarterly dividend, equivalent to a 3.1% annual yield.

TD Asset Management Inc lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 10.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 723,302 shares of the company's stock after selling 88,284 shares during the period. TD Asset Management Inc owned approximately 0.06% of Mondelez International worth $41,836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Whipplewood Advisors LLC increased its position in Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company's stock valued at $37,000 after buying an additional 169 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Mondelez International by 3.5% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company's stock worth $292,000 after buying an additional 173 shares during the period. Granite Investment Partners LLC boosted its holdings in Mondelez International by 0.6% in the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company's stock worth $1,688,000 after acquiring an additional 177 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in Mondelez International by 2.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company's stock valued at $515,000 after acquiring an additional 179 shares during the period. Finally, Columbia Asset Management grew its stake in Mondelez International by 1.3% in the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company's stock valued at $746,000 after acquiring an additional 180 shares during the period. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $63.61 on Monday. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The stock has a market cap of $81.19 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 2.59 and a beta of 0.38. The stock's fifty day simple moving average is $61.17 and its two-hundred day simple moving average is $59.93. 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 posted 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 firm had revenue of $9.36 billion during 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%. The business's revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, analysts forecast that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors 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 yield of 3.1%. Mondelez International's payout ratio is 73.53%.

Analyst Ratings Changes

MDLZ has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on Mondelez International from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. TD Cowen boosted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. BNP Paribas Exane upped their target price on shares of Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. UBS Group raised 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. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Mondelez International in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Mondelez International has an average rating of "Moderate Buy" and a consensus 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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