Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax Global Environmental Markets Fund”. A copy of the letter is available to download here. The Fund stood resilient in the quarter by outperforming its primary benchmark, the MSCI ACWI index. The stock selection in Information Technology (IT), along with businesses with strong earnings and Materials, drove the performance in a volatile environment. Global equity markets started the year on a positive note, but finished lower due to a risk-off environment. In this landscape, the firm’s emphasis is on solutions such as renewable energy to improve energy security and efficiency, as well as on more efficient grids, power storage, and technologies that reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Impax Global Environmental Markets Fund highlighted Agilent Technologies, Inc. (NYSE:A). Agilent Technologies, Inc. (NYSE:A) is a leading global provider of application focused solutions to the life sciences, diagnostics, and applied chemical markets. On June 2, 2026, Agilent Technologies, Inc. (NYSE:A) closed at $135.05 per share. One-month return of Agilent Technologies, Inc. (NYSE:A) was 14.75%, and its shares gained 17.50% over the past 52 weeks. Agilent Technologies, Inc. (NYSE:A) has a market capitalization of $38.43 billion.
Impax Global Environmental Markets Fund stated the following regarding Agilent Technologies, Inc. (NYSE:A) in its Q1 2026 investor letter:
“Agilent Technologies, Inc. (NYSE:A) (Environmental Testing & Monitoring, US) moved lower over the quarter, despite solid quarterly results and earnings guidance being ahead of market expectations. Speculation around a potential acquisition of QIAGEN, a German provider of sample and assay technologies for molecular diagnostics, has raised some concerns among market participants.”
Agilent Technologies, Inc. (NYSE:A) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 63 hedge fund portfolios held Agilent Technologies, Inc. (NYSE:A) at the end of the first quarter, compared to 71 in the previous quarter. In the second quarter of fiscal 2026, Agilent Technologies, Inc. (NYSE:A) reported $1.83 billion in revenue, increased 6.3% on a core basis and exceeding the high end of guidance. While we acknowledge the risk and potential of Agilent Technologies, Inc. (NYSE:A) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Agilent Technologies, Inc. (NYSE:A) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Agilent Technologies, Inc. (NYSE:A) and shared the list of stocks Jim Cramer discussed. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
