Latest news with #Russell2000GrowthIndex
Yahoo
2 days ago
- Business
- Yahoo
Here's Why Conestoga Capital Advisors Sold Neogen Corp. (NEOG)
Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Neogen Corporation (NASDAQ:NEOG). Neogen Corporation (NASDAQ:NEOG) engages in the development of various products and services dedicated to food and animal safety. The one-month return of Neogen Corporation (NASDAQ:NEOG) was 9.21%, and its shares lost 69.83% of their value over the last 52 weeks. On July 25, 2025, Neogen Corporation (NASDAQ:NEOG) stock closed at $5.22 per share, with a market capitalization of $1.133 billion. Conestoga Capital Advisors stated the following regarding Neogen Corporation (NASDAQ:NEOG) in its second quarter 2025 investor letter: "Neogen Corporation's (NASDAQ:NEOG) FY3Q results continued a string of disappointing quarters. The company also lowered FY4Q guidance. Additionally, the company announced a search for a new CEO. The continued fundamental 3M food safety integration challenges, end market weakness, and management changes caused us to exit the stock during the quarter. The company still has the manufacturing transition of a major product, Petrifilm, to execute and the change in CEO may cause some significant organizational disruption. A research laboratory showing advanced diagnostic equipment used to protect public health. Neogen Corporation (NASDAQ:NEOG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 15 hedge fund portfolios held Neogen Corporation (NASDAQ:NEOG) at the end of the first quarter compared to 15 in the previous quarter. While we acknowledge the potential of Neogen Corporation (NASDAQ:NEOG) 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 Neogen Corporation (NASDAQ:NEOG) and shared the list of top falling stocks with unusual volume. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. 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. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) in Q2
Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as JBT Marel Corporation (NYSE:JBTM). John Bean Technologies Corporation was renamed JBT Marel Corporation (NYSE:JBTM) in January 2025. JBT Marel Corporation (NYSE:JBTM) offers technology solutions to the food and beverage industry. The one-month return of JBT Marel Corporation (NYSE:JBTM) was 15.60%, and its shares gained 42.72% of their value over the last 52 weeks. On July 25, 2025, JBT Marel Corporation (NYSE:JBTM) stock closed at $139.02 per share, with a market capitalization of $7.22 billion. Conestoga Capital Advisors stated the following regarding JBT Marel Corporation (NYSE:JBTM) in its second quarter 2025 investor letter: "JBT Marel Corporation (NYSE:JBTM) is a leading global food processing provider, recognized for its technology and service leadership. The company merged with Icelandic company Marel in early January which effectively doubled the size of JBT's revenue. In light of our large industrial exposure in the Small Cap Growth portfolios, we exited our position in JBT given the dual risks of the integration as well as the United States evolving tariff policy." A close-up of a technician mixing ingredients in a large food processing factory. JBT Marel Corporation (NYSE:JBTM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 32 hedge fund portfolios held JBT Marel Corporation (NYSE:JBTM) at the end of the first quarter compared to 23 in the previous quarter. While we acknowledge the potential of JBT Marel Corporation (NYSE:JBTM) 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 addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. 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
4 days ago
- Business
- Yahoo
ESCO Technologies (ESE) Climbed Amid Varied Growth Drivers
Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as ESCO Technologies Inc. (NYSE:ESE). ESCO Technologies Inc. (NYSE:ESE) is a global distributor of engineered filtration and fluid control products and integrated propulsion systems. The one-month return of ESCO Technologies Inc. (NYSE:ESE) was -3.23%, and its shares gained 51.42% of their value over the last 52 weeks. On July 24, 2025, ESCO Technologies Inc. (NYSE:ESE) stock closed at $188.22 per share, with a market capitalization of $4.861 billion. Conestoga Capital Advisors stated the following regarding ESCO Technologies Inc. (NYSE:ESE) in its second quarter 2025 investor letter: "ESCO Technologies Inc. (NYSE:ESE): ESE is a diversified industrial that provides diagnostic equipment to utility companies, filtration/flow devices to the aerospace/defense industry and develops testing equipment for the electronics/telecommunication segments. ESE reported strong 1Q results, divested from an underperforming segment, and closed on a well-received acquisition in the defense segment. Also, ESE has benefited from its utility group from the accelerating demand for energy driven by AI." An industrial tech facility with robotic arms for precision machining components. ESCO Technologies Inc. (NYSE:ESE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 23 hedge fund portfolios held ESCO Technologies Inc. (NYSE:ESE) at the end of the first quarter compared to 12 in the previous quarter. While we acknowledge the potential of ESCO Technologies Inc. (NYSE:ESE) 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 ESCO Technologies Inc. (NYSE:ESE) and shared the list of stocks Jim Cramer recently talked about. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. 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. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
RBC Bearings (RBC) is Benefiting from the Improvement in Commercial Aerospace
Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as RBC Bearings Incorporated (NYSE:RBC). Headquartered in Oxford, Connecticut, RBC Bearings Incorporated (NYSE:RBC) manufactures engineered precision bearings and components. The one-month return of RBC Bearings Incorporated (NYSE:RBC) was 0.96%, and its shares gained 31.85% of their value over the last 52 weeks. On July 24, 2025, RBC Bearings Incorporated (NYSE:RBC) stock closed at $385.02 per share, with a market capitalization of $12.12 billion. Conestoga Capital Advisors stated the following regarding RBC Bearings Incorporated (NYSE:RBC) in its second quarter 2025 investor letter: "RBC Bearings Incorporated (NYSE:RBC): RBC is a manufacturer and marketer of highly engineered precision bearings that are sold into the Industrial (64% of revenue) and the Aerospace/Defense markets (36% of revenue). RBC reported solid 1Q quarterly results and is starting to see an acceleration of revenue as the commercial aerospace industry improves. RBC continues to gain market share due to its on-time performance and superior quality of its products." A skilled machinist inspecting a precision bearing for a aerospace/defense application. RBC Bearings Incorporated (NYSE:RBC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 30 hedge fund portfolios held RBC Bearings Incorporated (NYSE:RBC) at the end of the first quarter, compared to 22 in the previous quarter. In the fourth quarter of fiscal 2025, RBC Bearings Incorporated (NYSE:RBC) reported revenue of $438 million, a 5.8% increase over last year. While we acknowledge the potential of RBC Bearings Incorporated (NYSE:RBC) 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 RBC Bearings Incorporated (NYSE:RBC) and shared Conestoga Capital Advisors' views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. 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
4 days ago
- Business
- Yahoo
Federal Signal Corp. (FSS) Rose on Robust Results
Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Federal Signal Corporation (NYSE:FSS). Federal Signal Corporation (NYSE:FSS) is a U.S.-based company that provides products and integrated solutions for municipal, governmental, industrial, and commercial customers. Federal Signal Corporation (NYSE:FSS) shares returned 2.90% over the past month and appreciated by 8.24% over the last 12 months. On July 24, 2025, Federal Signal Corporation (NYSE:FSS) stock closed at $107.48 per share, with a market capitalization of $6.553 billion. Conestoga Capital Advisors stated the following regarding Federal Signal Corporation (NYSE:FSS) in its second quarter 2025 investor letter: "Federal Signal Corporation (NYSE:FSS): Founded in 1901, FSS is a leading manufacturer of specialized vehicles for maintenance and infrastructure markets (street sweeping, sewer cleaning, hydro excavation, dump trucks, etc.) and safety and security systems (outdoor warning sirens, emergency vehicle lighting, etc.) FSS reported a strong quarter, highlighted by solid organic revenue growth and much stronger than expected orders. Management continues to see a robust demand environment, which they will be better positioned to meet as production rates increase." A control center equipped with the company's camera systems, vehicle lightbars, industrial signaling equipment, and first responder interoperable communications. Federal Signal Corporation (NYSE:FSS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 34 hedge fund portfolios held Federal Signal Corporation (NYSE:FSS) at the end of the first quarter compared to 29 in the previous quarter. Federal Signal Corporation's (NYSE:FSS) consolidated net sales for the first quarter were $464 million, up 9% compared to last year. While we acknowledge the potential of Federal Signal Corporation (NYSE:FSS) 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 addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. 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.
