Mondelez International stock is trading -12.05% below its average target price of $79.67 after marking a 1.1% during today's afternoon session. Analysts are giving the large-cap Packaged Foods company an average rating of buy and target prices ranging from $69.0 to $89.0 per share.
The stock has a very low short interest at 1.0%, and a short ratio of 1.77. The company's insiders own 0.17% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 81.7% of Mondelez International's shares being owned by this investor type.
Institutions Invested in Mondelez International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 9% | 123,687,658 | $8,666,794,158 |
| 2023-09-30 | Blackrock Inc. | 7% | 101,558,119 | $7,116,177,367 |
| 2023-06-30 | State Street Corporation | 4% | 59,520,732 | $4,170,617,673 |
| 2023-06-30 | FMR, LLC | 2% | 31,135,680 | $2,181,677,088 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 30,828,280 | $2,160,137,570 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 2% | 30,805,933 | $2,158,571,715 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 26,254,917 | $1,839,682,026 |
| 2023-09-30 | Capital Research Global Investors | 2% | 23,864,073 | $1,672,155,587 |
| 2023-06-30 | Bank of America Corporation | 2% | 23,215,623 | $1,626,718,696 |
| 2023-06-30 | Morgan Stanley | 2% | 23,205,364 | $1,625,999,848 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Mondelez International.
