Latest news with #HotchkisWiley
Yahoo
2 days ago
- Business
- Yahoo
WPP (WPP) Slid on Weaker-Than-Expected Results
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Global Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the MSCI World Index decreased by 1.8%, driven by the decline of mega-cap growth stocks. The Magnificent Seven represented over 22% of the MSCI World Index in the quarter, collectively experiencing a decline of 14%. The Hotchkis & Wiley Global Value Fund returned 5.96% in the quarter, outperforming the MSCI World Value Index's 4.81% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Global Value Fund highlighted stocks such as WPP plc (NYSE:WPP). WPP plc (NYSE:WPP) is a creative transformation company that offers communications, experience, commerce, and technology services. The one-month return of WPP plc (NYSE:WPP) was -8.28%, and its shares lost 23.15% of their value over the last 52 weeks. On July 1, 2025, WPP plc (NYSE:WPP) stock closed at $35.88 per share, with a market capitalization of $7.741 billion. Hotchkis & Wiley Global Value Fund stated the following regarding WPP plc (NYSE:WPP) in its Q1 2025 investor letter: "WPP plc (NYSE:WPP) is a large ad agency holding company. WPP's stock price came under pressure following weaker-than expected Q424 earnings results. The company trades at a low multiple of consensus earnings with a good balance sheet, we believe WPP can deliver near mid-teens returns from the combination of capital return and capital-free organic growth." A media buying executive looking out a window at a brand advertiser's billboard. WPP plc (NYSE:WPP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 9 hedge fund portfolios held WPP plc (NYSE:WPP) at the end of the first quarter, which was 5 in the previous quarter. While we acknowledge the potential of WPP plc (NYSE:WPP) 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 undervalued AI stock set for massive gains. In another article, we covered WPP plc (NYSE:WPP) and shared the list of undervalued European stocks to invest in. Oakmark International Fund also attributed WPP plc's (NYSE:WPP) decline during the quarter to the same factor in its Q1 2025 investor letter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of WPP 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. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Ecovyst (ECVT) Traded Lower in Q1. Here's Why
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Value Opportunities Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the Russell 3000 Index declined -4.7%, driven by the mega-cap growth stocks. The Magnificent Seven represented over 28% of the Russell 3000 Index in the quarter, collectively experiencing a decline of 14%. The value outperformed its growth counterpart in the first quarter. The fund returned 2.27% in the quarter, exceeding the Russell 3000 Value Index's 1.64% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Value Opportunities Fund highlighted stocks such as Ecovyst Inc. (NYSE:ECVT). Ecovyst Inc. (NYSE:ECVT) provides specialty catalysts and services. The one-month return of Ecovyst Inc. (NYSE:ECVT) was -4.04%, and its shares lost 15.56% of their value over the last 52 weeks. On July 1, 2025, Ecovyst Inc. (NYSE:ECVT) stock closed at $7.60 per share, with a market capitalization of $892.248 million. Hotchkis & Wiley Value Opportunities Fund stated the following regarding Ecovyst Inc. (NYSE:ECVT) in its Q1 2025 investor letter: "Ecovyst Inc. (NYSE:ECVT) is a U.S. based catalyst producer that generates two thirds of sales from the ecoservices segment while one third of sales comes from catalyst technologies. Ecovyst reported an OK quarter, with strength in regeneration services offsetting timing related weakness in hydrocracking catalysts. FY 2025 EBITDA (Earnings Before Interest and Taxation, Depreciation and Amortization) is expected to be ~$248m at the midpoint (4% growth year over-year), below 2025 consensus estimates of $260m and our estimate of normal earnings. ECVT has pruned its once sprawling portfolio and has used proceeds to pay down debt and issue special dividends. ECVT's two remaining businesses, catalysts and ecoservices, grow organically ~MSD (mid-single digit) and earn sustainable, mid-30s EBITDA margins." A view of a large petro-chemical plant and its complex equipment. Ecovyst Inc. (NYSE:ECVT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ecovyst Inc. (NYSE:ECVT) at the end of the first quarter, which was 24 in the previous quarter. While we acknowledge the potential of Ecovyst Inc. (NYSE:ECVT) 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 undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of ECVT 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. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Workday (WDAY) Fell Due to a Reduction in 2025 Revenue Guidance
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Global Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the MSCI World Index decreased by 1.8%, driven by the decline of mega-cap growth stocks. The Magnificent Seven represented over 22% of the MSCI World Index in the quarter, collectively experiencing a decline of 14%. The Hotchkis & Wiley Global Value Fund returned 5.96% in the quarter, outperforming the MSCI World Value Index's 4.81% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Global Value Fund highlighted stocks such as Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY) is a company that offers enterprise cloud applications. The one-month return of Workday, Inc. (NASDAQ:WDAY) was -4.73%, and its shares gained 5.50% of their value over the last 52 weeks. On July 1, 2025, Workday, Inc. (NASDAQ:WDAY) stock closed at $239.23 per share, with a market capitalization of $63.778 billion. Hotchkis & Wiley Global Value Fund stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q1 2025 investor letter: "Workday, Inc. (NASDAQ:WDAY) is a leader in cloud application software for back-office business functions including human capital management, financials management, and ERP (enterprise resource planning). Stock price was negatively impacted by a reduction in 2025 revenue guidance. Management noted the pressure on current year sales is macro-related. We believe Workday has a formidable competitive advantage that trades at an attractive valuation for a company with premier franchise potential." A group of finance professionals analyzing market trends on their computer screens. Workday, Inc. (NASDAQ:WDAY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 85 hedge fund portfolios held Workday, Inc. (NASDAQ:WDAY) at the end of the first quarter, which was 89 in the previous quarter. Workday, Inc. (NASDAQ:WDAY) reported revenue of $2.24 billion in the fiscal first quarter of 2026, representing an increase of 13% year-over-year. While we acknowledge the potential of Workday, Inc. (NASDAQ:WDAY) 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 undervalued AI stock set for massive gains. In another article, we covered Workday, Inc. (NASDAQ:WDAY) and shared the list of stocks Jim Cramer put under the microscope recently. Parnassus Core Equity Fund added Workday, Inc. (NASDAQ:WDAY) to its portfolio in Q1 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of WDAY 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. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Philip Morris International (PM) Surged on Robust Organic Net Sales and Volume Gains
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Value Opportunities Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the Russell 3000 Index declined -4.7%, driven by the mega-cap growth stocks. The Magnificent Seven represented over 28% of the Russell 3000 Index in the quarter, collectively experiencing a decline of 14%. The value outperformed its growth counterpart in the first quarter. The fund returned 2.27% in the quarter, exceeding the Russell 3000 Value Index's 1.64% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Value Opportunities Fund highlighted stocks such as Philip Morris International Inc. (NYSE:PM). Philip Morris International Inc. (NYSE:PM) is a tobacco company that offers cigarettes and smoke-free products. The one-month return of Philip Morris International Inc. (NYSE:PM) was -1.73%, and its shares have appreciated by 75.04% over the past 52 weeks. On July 1, 2025, Philip Morris International Inc. (NYSE:PM) stock closed at $177.53 per share, with a market capitalization of $276.329 billion. Hotchkis & Wiley Value Opportunities Fund stated the following regarding Philip Morris International Inc. (NYSE:PM) in its Q1 2025 investor letter: "Philip Morris International Inc. (NYSE:PM) is one of the world's largest tobacco companies and owns the international rights to the world's most popular cigarette brand, Marlboro. It has a presence in 180 countries worldwide with leading market share in most markets. The company's shares moved higher on strong organic net sales and volume gains. We like the diversifying benefits the company provides to the portfolio, in addition to its attractive yield." A man exhaling smoke from a cigarette indicating the use of tobacco products. Philip Morris International Inc. (NYSE:PM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 104 hedge fund portfolios held Philip Morris International Inc. (NYSE:PM) at the end of the first quarter, which was 102 in the previous quarter. Philip Morris International Inc. (NYSE:PM) delivered double-digit organic net revenue growth of plus 10.2% in Q1 2025, reaching $9.3 billion in total. While we acknowledge the potential of Philip Morris International Inc. (NYSE:PM) 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 undervalued AI stock set for massive gains. In another article, we covered Philip Morris International Inc. (NYSE:PM) and shared the list of best FMCG stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of PM 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. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Philip Morris International (PM) Surged on Robust Organic Net Sales and Volume Gains
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Value Opportunities Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the Russell 3000 Index declined -4.7%, driven by the mega-cap growth stocks. The Magnificent Seven represented over 28% of the Russell 3000 Index in the quarter, collectively experiencing a decline of 14%. The value outperformed its growth counterpart in the first quarter. The fund returned 2.27% in the quarter, exceeding the Russell 3000 Value Index's 1.64% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Value Opportunities Fund highlighted stocks such as Philip Morris International Inc. (NYSE:PM). Philip Morris International Inc. (NYSE:PM) is a tobacco company that offers cigarettes and smoke-free products. The one-month return of Philip Morris International Inc. (NYSE:PM) was -1.73%, and its shares have appreciated by 75.04% over the past 52 weeks. On July 1, 2025, Philip Morris International Inc. (NYSE:PM) stock closed at $177.53 per share, with a market capitalization of $276.329 billion. Hotchkis & Wiley Value Opportunities Fund stated the following regarding Philip Morris International Inc. (NYSE:PM) in its Q1 2025 investor letter: "Philip Morris International Inc. (NYSE:PM) is one of the world's largest tobacco companies and owns the international rights to the world's most popular cigarette brand, Marlboro. It has a presence in 180 countries worldwide with leading market share in most markets. The company's shares moved higher on strong organic net sales and volume gains. We like the diversifying benefits the company provides to the portfolio, in addition to its attractive yield." A man exhaling smoke from a cigarette indicating the use of tobacco products. Philip Morris International Inc. (NYSE:PM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 104 hedge fund portfolios held Philip Morris International Inc. (NYSE:PM) at the end of the first quarter, which was 102 in the previous quarter. Philip Morris International Inc. (NYSE:PM) delivered double-digit organic net revenue growth of plus 10.2% in Q1 2025, reaching $9.3 billion in total. While we acknowledge the potential of Philip Morris International Inc. (NYSE:PM) 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 undervalued AI stock set for massive gains. In another article, we covered Philip Morris International Inc. (NYSE:PM) and shared the list of best FMCG stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of PM 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. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data
