Mondelez International (MDLZ) Slid in Q3 Due to Management’s Cautious Commentary

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Growth & Income Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index continued its rally in the third quarter, ending the year-to-date returns at 13.7%. During this period, growth and momentum were key contributors to the market's performance. A significant portion of the market is currently tied to the single catalyst of AI deployment, which means that any weaknesses in this concept could significantly threaten the market's future strength. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Carillon Eagle Growth & Income Fund highlighted stocks such as Mondelez International, Inc. (NASDAQ:MDLZ). Mondelez International, Inc. (NASDAQ:MDLZ) manufactures and markets snack food and beverage products. The one-month return of Mondelez International, Inc. (NASDAQ:MDLZ) was -7.36%, and its shares lost 13.45% of their value over the last 52 weeks. On November 11, 2025, Mondelez International, Inc. (NASDAQ:MDLZ) stock closed at $57.12 per share, with a market capitalization of $73.705 billion.

Carillon Eagle Growth & Income Fund stated the following regarding Mondelez International, Inc. (NASDAQ:MDLZ) in its third quarter 2025 investor letter:

"Mondelez International, Inc. (NASDAQ:MDLZ) shares underperformed in the third quarter despite better than expected second-quarter financials and maintaining guidance. We attribute the stock’s weakness to management’s cautious commentary around U.S. demand trends, as well as continued volatility in cocoa commodity prices. This stock was a strong performer in the first half of the year, which likely elevated expectations."Mondelez International’s (MDLZ) Solid Dividend History Makes it One of the Best Food Dividend Stocks to Own

Mondelez International, Inc. (NASDAQ:MDLZ) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 49 hedge fund portfolios held Mondelez International, Inc. (NASDAQ:MDLZ) at the end of the second quarter, compared to 52 in the previous quarter. While we acknowledge the potential of Mondelez International, Inc. (NASDAQ:MDLZ) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Mondelez International, Inc. (NASDAQ:MDLZ) and shared the list of stocks Jim Cramer discussed. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.

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