Latest news with #Mairs&PowerBalancedFund
Business Mayor
07-05-2025
- Business
- Business Mayor
Qualcomm (QCOM): A 'Value Tech' Company
Mairs & Power, an investment advisor, released the 'Mairs & Power Balanced Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The stock market reached a record high in February. However, tariff uncertainty in March led to a fall in equities, while fixed income benefited from perceived safety. The fund ended the quarter up 0.04%. The fund outperformed the benchmark composite indexes (60% S&P 500 Total Return Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and the Morningstar Moderate Allocation peer group, which fell 0.34%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Mairs & Power Balanced Fund highlighted stocks such as QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry. The one-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was -2.57%, and its shares lost 22.51% of their value over the last 52 weeks. On May 6, 2025, QUALCOMM Incorporated (NASDAQ:QCOM) stock closed at $139.90 per share with a market capitalization of $153.61 billion. Mairs & Power Balanced Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2025 investor letter: 'The Information Technology sector underweight had the largest relative impact on returns during the quarter. Only one of the Fund's technology holdings posted a positive quarterly return – QUALCOMM Incorporated (NASDAQ:QCOM) – making this a somewhat hollow outperformance. Qualcomm is a 'value tech' company which has enviable cash flows but we believe has been consistently underappreciated in the market for its technology licensing business, which has frequently been targeted for legal action by some of its major customers. However, we believe it continues to prove its best-in-class technology and, despite companies attempting to circumvent Qualcomm, we continue to see a long-term position in the wireless technology space for the company.' QUALCOMM Incorporated (QCOM): Among Unknown Billionaire Phill Gross' Stock Picks with Huge Upside Potential A technician testing the latest 5G device, demonstrating the company's commitment to innovation. Read More Degura secures EUR 2.2M in Seed funding QUALCOMM Incorporated (NASDAQ:QCOM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 79 hedge fund portfolios held QUALCOMM Incorporated (NASDAQ:QCOM) at the end of the fourth quarter compared to 74 in the third quarter. QUALCOMM Incorporated (NASDAQ:QCOM) reported non-GAAP revenues of $10.8 billion and non-GAAP EPS of $2.85 in the fiscal second quarter of 2025, both surpassing the mid-range of guidance. While we acknowledge the potential of QUALCOMM Incorporated (NASDAQ:QCOM) 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. READ SOURCE
Yahoo
07-05-2025
- Business
- Yahoo
Texas Instruments (TXN) Outperformed Amid Sector Weakness and Strategic Investments
Mairs & Power, an investment advisor, released the 'Mairs & Power Balanced Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The stock market reached a record high in February. However, tariff uncertainty in March led to a fall in equities, while fixed income benefited from perceived safety. The fund ended the quarter up 0.04%. The fund outperformed the benchmark composite indexes (60% S&P 500 Total Return Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and the Morningstar Moderate Allocation peer group, which fell 0.34%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Mairs & Power Balanced Fund highlighted stocks such as Texas Instruments Incorporated (NASDAQ:TXN). Texas Instruments Incorporated (NASDAQ:TXN) is a semiconductor manufacturer. The one-month return of Texas Instruments Incorporated (NASDAQ:TXN) was -4.96%, and its shares lost 12.43% of their value over the last 52 weeks. On May 6, 2025, Texas Instruments Incorporated (NASDAQ:TXN) stock closed at $161.09 per share with a market capitalization of $146.35 billion. Mairs & Power Balanced Fund stated the following regarding Texas Instruments Incorporated (NASDAQ:TXN) in its Q1 2025 investor letter: "Our preference for stable cash flow companies led to additional outperformance in the sector, with heavy overweights to Texas Instruments Incorporated (NASDAQ:TXN) and Motorola Solutions (MSI) benefiting relative returns. Texas Instruments has been on a multi-year business transition, investing heavily in semiconductor manufacturing facilities which are based in the U.S. Domestic facilities combined with general industrial end market weakness has kept the company from experiencing the same excitement as many of the other semiconductor companies." Texas Instruments Incorporated (TXN): Among the Best Dividend Stocks to Buy for Long-Term Passive Income A robotic arm in the process of assembling a complex circuit board - showing the industrial scale the company operates at. exas Instruments Incorporated (NASDAQ:TXN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge fund portfolios held Texas Instruments Incorporated (NASDAQ:TXN) at the end of the fourth quarter compared to 57 in the third quarter. Texas Instruments Incorporated (NASDAQ:TXN) reported revenue of $4.1 billion in Q1 2025, an increase of 2% sequentially and 11% year over year. While we acknowledge the potential of Texas Instruments Incorporated (NASDAQ:TXN) 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.
Yahoo
07-05-2025
- Business
- Yahoo
Should You Invest in WEC Energy Group (WEC)?
Mairs & Power, an investment advisor, released the 'Mairs & Power Balanced Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The stock market reached a record high in February. However, tariff uncertainty in March led to a fall in equities, while fixed income benefited from perceived safety. The fund ended the quarter up 0.04%. The fund outperformed the benchmark composite indexes (60% S&P 500 Total Return Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and the Morningstar Moderate Allocation peer group, which fell 0.34%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Mairs & Power Balanced Fund highlighted stocks such as WEC Energy Group, Inc. (NYSE:WEC). WEC Energy Group, Inc. (NYSE:WEC) is engaged in the provision of regulated natural gas and electricity, and renewable and nonregulated energy services. The one-month return of WEC Energy Group, Inc. (NYSE:WEC) was 5.17%, and its shares gained 29.27% of their value over the last 52 weeks. On May 6, 2025, WEC Energy Group, Inc. (NYSE:WEC) stock closed at $109.76 per share with a market capitalization of $35.028 billion. Mairs & Power Balanced Fund stated the following regarding WEC Energy Group, Inc. (NYSE:WEC) in its Q1 2025 investor letter: "During the quarter, the Fund started a new position in WEC Energy Group, Inc. (NYSE:WEC). WEC, a public utility headquartered in Wisconsin, operates in one of the most balanced regulatory environments for a utility and its stable service area led us to add the name early in the quarter. Additionally, the Fund is overweight equities, and WEC provides a quasi-fixed income holding in utilities, by which we mean the utility has a limited return profile within its regulatorily defined returns." A wind turbine in a large green field, highlighting the companies commitment to renewable energy. WEC Energy Group, Inc. (NYSE:WEC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 28 hedge fund portfolios held WEC Energy Group, Inc. (NYSE:WEC) at the end of the fourth quarter, compared to 23 in the third quarter. While we acknowledge the potential of WEC Energy Group, Inc. (NYSE:WEC) 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.
Yahoo
07-05-2025
- Business
- Yahoo
Qualcomm (QCOM): A 'Value Tech' Company
Mairs & Power, an investment advisor, released the 'Mairs & Power Balanced Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The stock market reached a record high in February. However, tariff uncertainty in March led to a fall in equities, while fixed income benefited from perceived safety. The fund ended the quarter up 0.04%. The fund outperformed the benchmark composite indexes (60% S&P 500 Total Return Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and the Morningstar Moderate Allocation peer group, which fell 0.34%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Mairs & Power Balanced Fund highlighted stocks such as QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry. The one-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was -2.57%, and its shares lost 22.51% of their value over the last 52 weeks. On May 6, 2025, QUALCOMM Incorporated (NASDAQ:QCOM) stock closed at $139.90 per share with a market capitalization of $153.61 billion. Mairs & Power Balanced Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2025 investor letter: "The Information Technology sector underweight had the largest relative impact on returns during the quarter. Only one of the Fund's technology holdings posted a positive quarterly return – QUALCOMM Incorporated (NASDAQ:QCOM) – making this a somewhat hollow outperformance. Qualcomm is a 'value tech' company which has enviable cash flows but we believe has been consistently underappreciated in the market for its technology licensing business, which has frequently been targeted for legal action by some of its major customers. However, we believe it continues to prove its best-in-class technology and, despite companies attempting to circumvent Qualcomm, we continue to see a long-term position in the wireless technology space for the company." QUALCOMM Incorporated (QCOM): Among Unknown Billionaire Phill Gross' Stock Picks with Huge Upside Potential A technician testing the latest 5G device, demonstrating the company's commitment to innovation. QUALCOMM Incorporated (NASDAQ:QCOM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 79 hedge fund portfolios held QUALCOMM Incorporated (NASDAQ:QCOM) at the end of the fourth quarter compared to 74 in the third quarter. QUALCOMM Incorporated (NASDAQ:QCOM) reported non-GAAP revenues of $10.8 billion and non-GAAP EPS of $2.85 in the fiscal second quarter of 2025, both surpassing the mid-range of guidance. While we acknowledge the potential of QUALCOMM Incorporated (NASDAQ:QCOM) 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.
Yahoo
07-05-2025
- Business
- Yahoo
What Makes Motorola Solutions (MSI) a Favorable Name in the Technology Portfolio?
Mairs & Power, an investment advisor, released the 'Mairs & Power Balanced Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The stock market reached a record high in February. However, tariff uncertainty in March led to a fall in equities, while fixed income benefited from perceived safety. The fund ended the quarter up 0.04%. The fund outperformed the benchmark composite indexes (60% S&P 500 Total Return Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and the Morningstar Moderate Allocation peer group, which fell 0.34%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Mairs & Power Balanced Fund highlighted stocks such as Motorola Solutions, Inc. (NYSE:MSI). Motorola Solutions, Inc. (NYSE:MSI) is a public safety and enterprise security solutions provider. The one-month return of Motorola Solutions, Inc. (NYSE:MSI) was -1.09%, and its shares gained 14.94% of their value over the last 52 weeks. On May 6, 2025, Motorola Solutions, Inc. (NYSE:MSI) stock closed at $412.64 per share with a market capitalization of $68.88 billion. Mairs & Power Balanced Fund stated the following regarding Motorola Solutions, Inc. (NYSE:MSI) in its Q1 2025 investor letter: "Our preference for stable cash flow companies led to additional outperformance in the sector, with heavy overweights to Texas Instruments (TXN) and Motorola Solutions, Inc. (NYSE:MSI) benefiting relative returns. Motorola Solutions sells equipment and services for public safety, and it has experienced a consistent demand profile which has made it a favorable name in our technology portfolio for some time." Motorola Solutions Inc. (MSI) Introduces Pelco AI Security Devices for Tough Environments A close-up view of a mission-critical communication device in action. Motorola Solutions, Inc. (NYSE:MSI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Motorola Solutions, Inc. (NYSE:MSI) at the end of the fourth quarter, compared to 48 in the third quarter. While we acknowledge the potential of Motorola Solutions, Inc. (NYSE:MSI) 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 Motorola Solutions, Inc. (NYSE:MSI) and shared the list of top AI news updates investors should not miss. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.
