Mondelez International, Inc. Class A (MDLZ)

Mondelez International's stock experienced fluctuations over the past six months, declining by 11.73% from October 7, 2024, to October 3, 2025, but had risen to a high before settling. The company reported strong financial performance in Q1 and Q2 2025, surpassing EPS estimates and achieving revenue growth. Mondelez increased its quarterly dividend to $0.50 per share. Analyst ratings have been mixed but generally positive, with an overall consensus rating of "Moderate Buy" and an average price target of $71.80. Factors impacting the stock include higher cocoa input costs, slowing snacking category growth, and volume mix declines, offset by strong pricing execution and expansion into high-growth categories. The company has authorized a $9 billion share buyback program.

Demand for Mondelez International's products exhibits some seasonality, particularly for its chocolate offerings during celebrations like Valentine's Day and Easter. While the snacking category has generally shown resilient demand, its growth has recently slowed as consumers become more value-conscious in an inflationary environment, leading to lower consumption frequency in the US biscuit business. Emerging markets continue to demonstrate growth in demand.

Mondelez International, Inc. is a multinational confectionery, food, holding, beverage, and snack food company operating within the Food, Beverage, Consumer Packaged Goods, and Retail and Consumer Goods sectors. Its product portfolio includes cookies, crackers, chocolates, chewing gum, candies, cheese, grocery items, and powdered beverages under brands like Oreo, Ritz, LU, Clif Bar, Cadbury Dairy Milk, Milka, Toblerone, Halls, Tang, Trident, Dentyne, Sour Patch Kids, and Swedish Fish.

Mondelez International has a significant global presence, operating in approximately 160 countries with 148 manufacturing sites worldwide as of the end of 2023. Europe accounts for 35.7% of net sales, the United States for 26.6%, Asia/Pacific/Middle East/Africa for 19.6%, Latin America for 13.9%, and North America (excluding the U.S.) for 4.2%. Emerging markets contribute 40% of the company's total revenue.

Mondelez International has demonstrated a commitment to consumer safety through its proactive approach in addressing a contamination issue and subsequent recall. The company focuses on sustainability initiatives, expanding its Cocoa Life program and publishing its annual "Snacking Made Right" report, with a commitment to achieving net-zero greenhouse gas emissions by 2050 and sustainably sourcing 100% of its cocoa. Mondelez performs well in the 2023 Nature Benchmark and discloses activities and sets targets for plastic use reduction and sustainable packaging. Innovative brand activations and product collaborations are expected to enhance consumer engagement.

Institutional investors hold a substantial majority of Mondelez International's stock, with ownership percentages reported around 70.04%, 71.63%, or 84%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., State Street Corp., Capital International Investors, JPMorgan Investment Management, Inc., T. Rowe Price International Ltd., Capital Research and Management Company, and Geode Capital Management, Llc. Individual owners hold approximately 21% to 28.19% of the stock, while insiders own less than 1% of the company.