Aristotle Capital Boston, LLC, an investment advisor, released its “Small Cap Equity Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here. The volatility observed in 2024 continued into the first quarter of 2025. The Russell 2000 Index experienced volatility in Q1 2025, losing -9.48% after a strong 2024. Due to uncertainty, geopolitical tensions, and a longer rate environment, February and March were challenging. In the first quarter, the strategy delivered a return of -7.34% net of fees (-7.20% gross of fees), outperforming the Russell 2000 Index’s -9.48% total 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, Aristotle Capital Small Cap Equity Strategy highlighted stocks such as Columbus McKinnon Corporation (NASDAQ:CMCO). Columbus McKinnon Corporation (NASDAQ:CMCO) designs, manufactures, and markets motion solutions that facilitate the movement, lifting, positioning, and securing of materials. The one-month return of Columbus McKinnon Corporation (NASDAQ:CMCO) was 33.82%, and its shares lost 60.82% of their value over the last 52 weeks. On May 15, 2025, Columbus McKinnon Corporation (NASDAQ:CMCO) stock closed at $17.57 per share with a market capitalization of $502.722 million.
Aristotle Capital Small Cap Equity Strategy stated the following regarding Columbus McKinnon Corporation (NASDAQ:CMCO) in its Q1 2025 investor letter:
“Columbus McKinnon Corporation (NASDAQ:CMCO), engages in the design, manufacture, and marketing of material handling products and systems. The company came under pressure following the announcement of its intent to acquire Kito Crosby, a global provider of lifting solutions and securement. Investor concern about the size and financing of the deal contributed to the weakness. We continue to maintain a position, for now, as we continue to evaluate the risk/reward potential associated with the deal.”
A large construction site with a modern industrial hoist in focus.
Columbus McKinnon Corporation (NASDAQ:CMCO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held Columbus McKinnon Corporation (NASDAQ:CMCO) at the end of the fourth quarter which was 17 in the previous quarter. In the fiscal third quarter of 2025, Columbus McKinnon Corporation (NASDAQ:CMCO) reported net sales of $234.1 million, down 8% from the prior year. While we acknowledge the potential of Columbus McKinnon Corporation (NASDAQ:CMCO) 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 Columbus McKinnon Corporation (NASDAQ:CMCO) and shared Heartland Value Fund’s views on the company. In its Q4 2024 letter, Aristotle SMID Cap Equity Strategy expressed optimism about Columbus McKinnon Corporation’s (NASDAQ:CMCO) growth potential. In addition, please check out our hedge fund investor letters Q1 2025 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.
