Latest news with #HeartlandMidCapValueFund
Yahoo
21-04-2025
- Business
- Yahoo
Is Perrigo Co. PLC (PRGO) an Economically Resilient Company?
Heartland Advisors, an investment management company, released its 'Heartland Mid Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. A growing number of businesses appear to be priced for a significant slowdown in the first quarter, if not a recession, due to the uncertainty surrounding federal policy. The fund returned 0.67% in the quarter compared to a 2.11% fall for the Russell Midcap® Value Index. As risk aversion returned and a focus on downside risk was rewarded, stock selection, which was difficult in a more speculative climate last year, rebounded in the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Heartland Mid Cap Value Fund highlighted stocks such as Perrigo Company plc (NYSE:PRGO). Perrigo Company plc (NYSE:PRGO) offers over-the-counter health and wellness solutions. The one-month return of Perrigo Company plc (NYSE:PRGO) was -11.13%, and its shares lost 15.43% of their value over the last 52 weeks. On April 17, 2025, Perrigo Company plc (NYSE:PRGO) stock closed at $25.32 per share with a market capitalization of $3.46 billion. Heartland Mid Cap Value Fund stated the following regarding Perrigo Company plc (NYSE:PRGO) in its Q1 2025 investor letter: "Healthcare. While persistent economic concerns may provide a growing list of attractive 'deep value' options in cyclical companies, Perrigo Company plc (NYSE:PRGO) is an example of heavy lifting on 'self-help' bearing fruit in a company that has an economically-resilient demand profile. A doctor and a patient discussing the benefits of OTC health and wellness solutions. Perrigo Company plc (NYSE:PRGO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held Perrigo Company plc (NYSE:PRGO) at the end of the fourth quarter which was 28 in the previous quarter. While we acknowledge the potential of Perrigo Company plc (NYSE:PRGO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Perrigo Company plc (NYSE:PRGO) and shared the list of best weight loss drugs to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
The Middleby Corporation (MIDD) Rose Following Garden Investments' Stock Purchase
Heartland Advisors, an investment management company, released its 'Heartland Mid Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. A growing number of businesses appear to be priced for a significant slowdown in the first quarter, if not a recession, due to the uncertainty surrounding federal policy. The fund returned 0.67% in the quarter compared to 2.11% fall for the Russell Midcap® Value Index. As risk aversion returned and a focus on downside risk was rewarded, stock selection, which was difficult in a more speculative climate last year, rebounded in the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Heartland Mid Cap Value Fund highlighted stocks such as The Middleby Corporation (NASDAQ:MIDD). The Middleby Corporation (NASDAQ:MIDD) manufactures and services foodservice, food processing, and residential kitchen equipment. The one-month return of The Middleby Corporation (NASDAQ:MIDD) was -17.55%, and its shares lost 10.00% of their value over the last 52 weeks. On April 17, 2025, The Middleby Corporation (NASDAQ:MIDD) stock closed at $126.91 per share with a market capitalization of $6.81 billion. Heartland Mid Cap Value Fund stated the following regarding The Middleby Corporation (NASDAQ:MIDD) in its Q1 2025 investor letter: "Industrials. Another opportunity we see in quality value is The Middleby Corporation (NASDAQ:MIDD), which designs and manufactures commercial food prep, residential kitchen, and food processing equipment. The company's commercial foodservice segment, which makes convection ovens, blast chillers, ranges, and fryers, accounts for around 62% of sales, with the remaining 38% equally derived from its food processing and residential business, which operates under high-end brands such as Viking, Masterbuilt, and Rangemaster. A professional kitchen bustling with activity, utilizing different pieces of Kitchen Equipment, such as Conveyor Ovens, Fryers, Steam Cookers and Warming Equipment. The Middleby Corporation (NASDAQ:MIDD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 26 hedge fund portfolios held The Middleby Corporation (NASDAQ:MIDD) at the end of the fourth quarter which was 29 in the previous quarter. While we acknowledge the potential of The Middleby Corporation (NASDAQ:MIDD) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered The Middleby Corporation (NASDAQ:MIDD) and shared Vulcan Value Partners' views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
21-04-2025
- Business
- Yahoo
What Makes Teledyne Technologies (TDY) a Strong Investment?
Heartland Advisors, an investment management company, released its 'Heartland Mid Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. A growing number of businesses appear to be priced for a significant slowdown in the first quarter, if not a recession, due to the uncertainty surrounding federal policy. The fund returned 0.67% in the quarter compared to a 2.11% fall for the Russell Midcap® Value Index. As risk aversion returned and a focus on downside risk was rewarded, stock selection, which was difficult in a more speculative climate last year, rebounded in the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Heartland Mid Cap Value Fund highlighted stocks such as Teledyne Technologies Incorporated (NYSE:TDY). Teledyne Technologies Incorporated (NYSE:TDY) offers enabling technologies for industrial growth markets. The one-month return of Teledyne Technologies Incorporated (NYSE:TDY) was -7.43%, and its shares gained 15.51% of their value over the last 52 weeks. On April 17, 2025, Teledyne Technologies Incorporated (NYSE:TDY) stock closed at $462.19 per share with a market capitalization of $21.648 billion. Heartland Mid Cap Value Fund stated the following regarding Teledyne Technologies Incorporated (NYSE:TDY) in its Q1 2025 investor letter: "Teledyne Technologies Incorporated (NYSE:TDY), our largest holding, is the epitome of quality value. TDY has a well-managed, balanced portfolio of sensing and decision-support technologies across commercial and industrial end markets, including multiple secular growth areas spanning advanced machine vision, precision instrumentation, space and unmanned vehicles. TDY's economically-sensitive customer exposure is somewhat buffered by stable markets like pollution control, water, oceanography and climate monitoring. TDY's core markets are characterized by high barriers to entry and include niche specialized products and services unlikely to be commoditized. A technician in a lab coat calibrating advanced electronic components. Teledyne Technologies Incorporated (NYSE:TDY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 45 hedge fund portfolios held Teledyne Technologies Incorporated (NYSE:TDY) at the end of the fourth quarter compared to 39 in the third quarter. While we acknowledge the potential of Teledyne Technologies Incorporated (NYSE:TDY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Teledyne Technologies Incorporated (NYSE:TDY) and shared the list of stocks with buy ratings that hedge funds back immensely. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
