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Bank of Montreal Can Boosts Stake in Mondelez International, Inc.
The Canadian bank increased its holdings in the snack food giant by 15.2% in the third quarter.
Published on Mar. 12, 2026
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Bank of Montreal Can, a major Canadian bank, increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 15.2% during the third quarter of 2026. The bank now owns 1,472,176 shares of the snack food company's stock, worth approximately $92 million.
Why it matters
This investment by a large institutional investor like Bank of Montreal Can signals confidence in Mondelez's long-term growth prospects. As one of the world's leading snack companies, Mondelez's performance is closely watched by the investment community.
The details
According to a regulatory filing, Bank of Montreal Can acquired an additional 194,313 shares of Mondelez during the third quarter, bringing its total stake to about 0.11% of the company's outstanding shares. Mondelez is known for popular snack brands like Oreo, Chips Ahoy, and Ritz Crackers.
- Bank of Montreal Can increased its Mondelez stake during the third quarter of 2026.
The players
Bank of Montreal Can
A major Canadian bank and institutional investor.
Mondelez International, Inc.
A global snack food company known for brands like Oreo, Chips Ahoy, and Ritz Crackers.
The takeaway
Bank of Montreal Can's increased stake in Mondelez signals confidence in the snack food company's long-term growth prospects, which could be a positive sign for investors watching Mondelez's performance.
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