Mondelez International (NASDAQ:MDLZ) Stock Sale Revealed 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 Price Performance

Shares of MDLZ stock traded down $0.70 during trading hours on Tuesday, hitting $65.68. The company had a trading volume of 1,032,793 shares, compared to its average volume of 9,122,420. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $66.65. The firm has a market capitalization of $83.82 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 2.40 and a beta of 0.38. The firm’s fifty day moving average is $61.83 and its 200 day moving average is $60.39. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on MDLZ shares. JPMorgan Chase & Co. decreased their price target on Mondelez International from $72.00 to $71.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $58.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on Mondelez International from $65.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday. Barclays increased their target price on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $73.00 target price (up from $70.00) on shares of Mondelez International in a research note on Wednesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.30.

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 shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the sale, the chief executive officer directly owned 1,326,488 shares of the company’s stock, valued at $85,001,351.04. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is currently owned by insiders.

Institutional Trading of Mondelez International

Several hedge funds have recently modified their holdings of the stock. Great Lakes Advisors LLC bought a new stake in Mondelez International during the 2nd quarter valued at $74,341,000. Junto Capital Management LP bought a new position in shares of Mondelez International in the second quarter valued at $53,549,000. Dimensional Fund Advisors LP lifted its stake in shares of Mondelez International by 10.8% in the first quarter. Dimensional Fund Advisors LP now owns 9,435,171 shares of the company’s stock valued at $543,900,000 after buying an additional 916,235 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Mondelez International during the third quarter valued at about $52,335,000. Finally, Wellington Management Group LLP grew its holdings in shares of Mondelez International by 179.7% during the second quarter. Wellington Management Group LLP now owns 1,047,680 shares of the company’s stock valued at $60,598,000 after buying an additional 673,098 shares during the last quarter. 78.32% of the stock is owned by institutional investors.

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.

About Mondelez International

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.