Latest news with #RussellMidCapGrowthIndex
Yahoo
2 days ago
- Business
- Yahoo
Waste Connections (WCN) Declined Despite Strong Results and Guidance
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 Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index's 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the "Liberation Day" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Waste Connections, Inc. (NYSE:WCN). Waste Connections, Inc. (NYSE:WCN) offers non-hazardous waste collection, transfer, disposal, and resource recovery services. The one-month return of Waste Connections, Inc. (NYSE:WCN) was 0.10%, and its shares gained 5.50% of their value over the last 52 weeks. On July 28, 2025, Waste Connections, Inc. (NYSE:WCN) stock closed at $186.06 per share, with a market capitalization of $47.97 billion. Conestoga Capital Advisors stated the following regarding Waste Connections, Inc. (NYSE:WCN) in its second quarter 2025 investor letter: "Waste Connections, Inc. (NYSE:WCN) is a leading provider of non-hazardous waste collection, transfer, disposal, and recycling services in the U.S. and Canada. While the company reported a strong quarter and reaffirmed its full year guidance, it was one of many low beta stocks that underperformed during the intra quarter surge in the market." A fleet of waste management trucks driving through a city at sunrise. Waste Connections, Inc. (NYSE:WCN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 41 hedge fund portfolios held Waste Connections, Inc. (NYSE:WCN) at the end of the first quarter, which was 49 in the previous quarter. In the second quarter of 2025, Waste Connections, Inc.'s (NYSE:WCN) revenue increased 7.1% year-over-year to $ $2.407 billion. While we acknowledge the potential of Waste Connections, Inc. (NYSE:WCN) 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 Waste Connections, Inc. (NYSE:WCN) and shared the list of best stocks to buy according to Brasada Capital Management. 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
2 days ago
- Business
- Yahoo
Here's Why Roper Technologies (ROP) Shares Traded Down 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 Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index's 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the "Liberation Day" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Roper Technologies, Inc. (NASDAQ:ROP). Roper Technologies, Inc. (NASDAQ:ROP) designs and develops software and technology-enabled products and solutions. The one-month return of Roper Technologies, Inc. (NASDAQ:ROP) was -2.39%, and its shares gained 2.61% of their value over the last 52 weeks. On July 28, 2025, Roper Technologies, Inc. (NASDAQ:ROP) stock closed at $559.03 per share, with a market capitalization of $60.104 billion. Conestoga Capital Advisors stated the following regarding Roper Technologies, Inc. (NASDAQ:ROP) in its second quarter 2025 investor letter: "Roper Technologies, Inc. (NASDAQ:ROP) is a diversified industrial and technology (license and Software-as-a-Service) consolidator with a long history of mid-teens free-cash-flow growth. ROP is a best-in-class operator and allocator of capital. The company reported a solid quarter and maintained full year organic growth guidance, which was viewed positively given several macroeconomic headwinds (government funding uncertainty and tariffs). ROP shares were down slightly in the quarter, which lagged the sharp gains of the benchmark following the tariff pause announcement on April 9th." A software engineer hunched over a laptop writing code, embodying the companies technical expertise. Roper Technologies, Inc. (NASDAQ:ROP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held Roper Technologies, Inc. (NASDAQ:ROP) at the end of the first quarter, which was 54 in the previous quarter. Roper Technologies, Inc.'s (NASDAQ:ROP total revenue grew 13% to $1.94 billion in the second quarter 2025. While we acknowledge the potential of Roper Technologies, Inc. (NASDAQ:ROP) 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 Roper Technologies, Inc. (NASDAQ:ROP) and shared the list of the best stocks for a dividend stock portfolio. 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. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
2 days ago
- Business
- Yahoo
Here's Why Conestoga Capital Advisors Sold Mettler-Toledo International (MTD)
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 Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index's 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the "Liberation Day" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Mettler-Toledo International Inc. (NYSE:MTD). Mettler-Toledo International Inc. (NYSE:MTD) is a precision instruments manufacturer. The one-month return of Mettler-Toledo International Inc. (NYSE:MTD) was 4.62%, and its shares lost 16.46% of their value over the last 52 weeks. On July 28, 2025, Mettler-Toledo International Inc. (NYSE:MTD) stock closed at $1,261.03 per share, with a market capitalization of $26.208 billion. Conestoga Capital Advisors stated the following regarding Mettler-Toledo International Inc. (NYSE:MTD) in its second quarter 2025 investor letter: "While Mettler-Toledo International Inc. (NYSE:MTD) remains a best-in-class operator with leading market share in precision weighing and analytical instruments, macroeconomic pressures across its end markets continue to constrain its ability to achieve the mid-teens earnings growth it has delivered historically. China represents a high-teens percentage of MTD's revenue, and ongoing US-China tensions create an additional headwind, limiting visibility into a return to historical growth rates in the region. Given these dynamics, we exited our position and redeployed the proceeds into investments with clearer long-term growth trajectories." A close-up of a laboratory instrument, with a technician making precise adjustments. Mettler-Toledo International Inc. (NYSE:MTD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Mettler-Toledo International Inc. (NYSE:MTD) at the end of the first quarter, compared to 50 in the previous quarter. In the first quarter of 2025, Mettler-Toledo International Inc. (NYSE:MTD) reported sales of $884 million, which reflects 3% decline in local currency. While we acknowledge the potential of Mettler-Toledo International Inc. (NYSE:MTD) 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 Mettler-Toledo International Inc. (NYSE:MTD) and shared Mar Vista U.S. Quality Premier Strategy's views on the company. 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. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Copart (CPRT) Fell as It Missed Revenue Expectations
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 Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index's 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the "Liberation Day" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -4.85%, and its shares lost 8.54% of their value over the last 52 weeks. On July 25, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $46.69 per share, with a market capitalization of $45.15 billion. Conestoga Capital Advisors stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: "Copart, Inc. (NASDAQ:CPRT) is a leading provider of salvage auctions in the U.S., Canada and the United Kingdom. Shares sold off sharply after missing fiscal 3Q revenue estimates. This is the second quarter in a row of softer than expected unit volume growth due, in large part, to some drivers electing to reduce insurance coverage which results in lower accident claims volume. We believe this headwind is temporary as insurance carriers have finally priced their way back to profitability which was pressured during the pandemic." A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) 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 Copart, Inc. (NASDAQ:CPRT) and shared the list of best extremely profitable stocks to buy. 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. 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
3 days ago
- Business
- Yahoo
What Makes Cloudflare (NET) a Compelling Long-Term Compounder?
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 Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index's 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the "Liberation Day" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Cloudflare, Inc. (NYSE:NET). Cloudflare, Inc. (NYSE:NET) is a cloud services provider that delivers a range of services to businesses worldwide. The one-month return of Cloudflare, Inc. (NYSE:NET) was 1.32%, and its shares gained 156.46% of their value over the last 52 weeks. On July 25, 2025, Cloudflare, Inc. (NYSE:NET) stock closed at $198.42 per share, with a market capitalization of $68.774 billion. Conestoga Capital Advisors stated the following regarding Cloudflare, Inc. (NYSE:NET) in its second quarter 2025 investor letter: "Based in San Francisco, Cloudflare, Inc. (NYSE:NET) secures over 20% of global internet traffic. Its unified platform, running identical software across 330+ cities, creates a powerful structural edge in cost, scalability, and speed to market. We initiated a position in 2Q as this architecture fuels rapid expansion from its networking core into a large and growing $200B+ addressable market spanning cybersecurity, developer tools, and AI workloads. With new enterprise leadership accelerating platform adoption, we believe the company has visibility into durable 25-30% revenue growth and expanding margins, positioning it as a compelling long-term compounder." Cloudflare, Inc. (NYSE:NET) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 65 hedge fund portfolios held Cloudflare, Inc. (NYSE:NET) at the end of the first quarter, which was 55 in the previous quarter. Cloudflare, Inc.'s (NYSE:NET) revenue for the first quarter increased 27% year-over-year to $479.1 million. While we acknowledge the potential of Cloudflare, Inc. (NYSE:NET) 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 Cloudflare, Inc. (NYSE:NET) and shared the list of best multibagger stocks to buy according to hedge funds. 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. 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
