Mondelez International, Inc. $MDLZ Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,897,403 shares of the company’s stock after selling 545,825 shares during the period. Royal Bank of Canada’s holdings in Mondelez International were worth $224,645,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MDLZ. Empowered Funds LLC raised its stake in Mondelez International by 7.7% in the first quarter. Empowered Funds LLC now owns 168,708 shares of the company’s stock valued at $9,724,000 after buying an additional 12,097 shares during the last quarter. Evelyn Partners Asset Management Ltd grew its stake in shares of Mondelez International by 10.3% during the first quarter. Evelyn Partners Asset Management Ltd now owns 28,621 shares of the company’s stock worth $1,650,000 after acquiring an additional 2,668 shares during the last quarter. Evelyn Partners Investment Management LLP increased its holdings in shares of Mondelez International by 1.6% during the first quarter. Evelyn Partners Investment Management LLP now owns 103,654 shares of the company’s stock valued at $5,975,000 after acquiring an additional 1,680 shares in the last quarter. KCM Investment Advisors LLC raised its position in shares of Mondelez International by 52.3% in the 1st quarter. KCM Investment Advisors LLC now owns 6,109 shares of the company’s stock valued at $352,000 after purchasing an additional 2,099 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Mondelez International by 89.5% in the 1st quarter. Quantinno Capital Management LP now owns 559,752 shares of the company’s stock worth $32,264,000 after purchasing an additional 264,373 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Barclays boosted their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. Jefferies Financial Group restated a “buy” rating and issued a $73.00 target price on shares of Mondelez International in a research note on Wednesday. UBS Group lifted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.20.

Mondelez International News Roundup

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

• Positive Sentiment: Mondelez reported second-quarter revenue of $9.36 billion, ahead of the $9.21 billion consensus estimate, while adjusted EPS of $0.73 exceeded expectations of approximately $0.67-$0.68. Revenue increased 4.1% year over year, supported by pricing, volume growth, and strength in Latin America. Reuters earnings report
• Positive Sentiment: The company raised its 2026 organic net revenue outlook to at least 2% growth, signaling continued confidence in demand despite consumer-spending concerns. Management also cited volume/mix growth, market-share gains, and improved profitability. Mondelez Q2 results
• Positive Sentiment: BNP Paribas Exane raised its price target from $68 to $70 and assigned an “outperform” rating; TD Cowen increased its target from $67 to $70 with a “buy” rating; and JPMorgan lifted its target from $70 to $72 while maintaining an “overweight” rating. The upgrades reinforce bullish sentiment following the earnings report. Benzinga analyst actions
• Neutral Sentiment: Adjusted EPS was essentially flat year over year on a constant-currency basis, and the company’s full-year EPS guidance of $2.97-$3.12 remains broadly in line with the roughly $3.05 analyst consensus. This limits the extent of the earnings upside.
• Negative Sentiment: A broader market sell-off tied to a sharp oil-price increase, geopolitical tensions involving the United States and Iran, and uncertainty ahead of the Federal Reserve’s decision could create headwinds for MDLZ despite its company-specific gains. Market update

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $64.99 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $67.95. The company has a 50 day simple moving average of $60.95 and a two-hundred day simple moving average of $59.48. The stock has a market cap of $83.42 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.59 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. The business had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.17%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, analysts predict that Mondelez International, Inc. will post 3.04 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 99.50%.

Mondelez International 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.