Competitive Pressure Pulled Down Comcast Corporation (CMCSA) in Q3

Cullen Capital Management, LLC, operating under the name Schafer Cullen Capital Management, Inc. (SCCM), has released its “SCCM Value Equity Strategy” third-quarter investor letter. A copy of the letter can be downloaded here. The US equity market continued the rally in the third quarter, with the S&P 500 returning 8.1% and the Russell 1000 Value surging 5.3%. The value equity strategy returned 6.9% (gross of fees) and 6.8% (net of fees) in the quarter, while the Russell 1000 Value and S&P 500 returned 5.3% and 8.1%, respectively, during the same period. The strategy returned 13.0% (gross), YTD, compared to the Russell 1000 Value’s +11.7% return and the S&P 500’s +14.8% return. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its third-quarter 2025 investor letter, SCCM Value Equity Strategy highlighted stocks such as Comcast Corporation (NASDAQ:CMCSA). Comcast Corporation (NASDAQ:CMCSA) is a leading media and technology company. The one-month return of Comcast Corporation (NASDAQ:CMCSA) was -8.29%, and its shares lost 38.23% of their value over the last 52 weeks. On November 19, 2025, Comcast Corporation (NASDAQ:CMCSA) stock closed at $26.87 per share, with a market capitalization of $99.21 billion.

SCCM Value Equity Strategy stated the following regarding Comcast Corporation (NASDAQ:CMCSA) in its third quarter 2025 investor letter:

“Our stock selection within the Communication Services sector was the largest detractor from relative performance. Comcast Corporation (NASDAQ:CMCSA) (-11.2%) management noted that competitive pressure in broadband from fiber and fixed wireless access remained intense, while promotional offers such as five-year price locks and free mobile lines weighed on near-term ARPU and segment margins. Despite these headwinds, management reaffirmed its long-term strategy, highlighting wireless expansion, enterprise growth, and Peacock’s scaling sports lineup as key drivers to improve performance over time.”

Comcast (CMCSA) Looks Oversold: Here’s Why Dividend Investors Should Take a Second Look

Comcast Corporation (NASDAQ:CMCSA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 82 hedge fund portfolios held Comcast Corporation (NASDAQ:CMCSA) at the end of the second quarter, up from 81 in the previous quarter. In the third quarter of 2025, Comcast Corporation (NASDAQ:CMCSA) revenue declined about 3% year-over-year. While we acknowledge the risk and potential of Comcast Corporation (NASDAQ:CMCSA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Comcast Corporation (NASDAQ:CMCSA) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Comcast Corporation (NASDAQ:CMCSA) 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.