Mondelez International (NASDAQ:MDLZ) Shares Sold Off by Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Mondelez International, Inc. (NASDAQ:MDLZ). In a filing disclosed on October 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mondelez International stock on September 23rd. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 9/30/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/30/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 9/17/2026.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 9/17/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 8/10/2026.

Mondelez International Stock Up 2.2%

Shares of MDLZ opened at $66.38 on Tuesday. The company has a market capitalization of $84.72 billion, a PE ratio of 20.94, a PEG ratio of 2.40 and a beta of 0.38. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The stock’s 50-day moving average price is $61.83 and its two-hundred day moving average price is $60.39. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.07. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The firm had revenue of $9.97 billion during the quarter, compared to analyst estimates of $9.98 billion. During the same quarter last year, the business earned $0.73 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. On average, analysts anticipate that Mondelez International, Inc. will post 3.06 EPS for the current year.

Insider Activity at Mondelez International

In other news, CEO Dirk Van de Put sold 133,580 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total value of $8,559,806.40. Following the completion of the sale, the chief executive officer owned 1,326,488 shares of the company’s stock, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group restated a “neutral” rating and issued a $72.00 target price on shares of Mondelez International in a report on Monday. TD Cowen increased their price target on Mondelez International from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft boosted their price objective on Mondelez International from $58.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. HSBC raised their target price on Mondelez International from $71.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $66.00 price target on shares of Mondelez International in a research note on Monday, October 26th. Seventeen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $69.30.

Institutional Investors Weigh In On Mondelez International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Asset Dedication LLC raised its position in Mondelez International by 9.6% in the 3rd quarter. Asset Dedication LLC now owns 2,119 shares of the company’s stock worth $123,000 after purchasing an additional 186 shares during the period. Plancorp LLC boosted its position in Mondelez International by 16.2% during the third quarter. Plancorp LLC now owns 4,773 shares of the company’s stock valued at $276,000 after buying an additional 666 shares during the period. Alps Advisors Inc. boosted its position in Mondelez International by 0.4% during the third quarter. Alps Advisors Inc. now owns 44,554 shares of the company’s stock valued at $2,576,000 after buying an additional 161 shares during the period. Canvas Wealth Advisors LLC bought a new position in shares of Mondelez International during the third quarter valued at about $211,000. Finally, Asset One Wealth Management LLC bought a new position in shares of Mondelez International during the third quarter valued at about $281,000. Institutional investors own 78.32% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Mondelez International Company 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.