Conestoga Capital Advisors released its second-quarter 2025 investor letter, reporting a 4.76% return for the Conestoga Small Cap Composite compared to 11.97% for the Russell 2000 Growth Index. The letter highlighted JBT Marel Corporation (NYSE: JBTM), a leading global food processing provider, with a one-month return of 15.60%. The stock closed at $139.02 per share on July 25, 2025, with a market capitalization of $7.22 billion.

Conestoga Capital Advisors exited their position in JBT Marel Corporation (NYSE: JBTM) due to integration risks and evolving tariff policies. The company merged with Icelandic company Marel in January, doubling its revenue. While 32 hedge fund portfolios held JBT Marel Corporation (NYSE: JBTM) at the end of the first quarter, Conestoga Capital Advisors believes certain AI stocks offer greater upside potential with less downside risk. If you’re looking for undervalued AI stocks, check out their free report on the best short-term AI stock.

JBT Marel Corporation (NYSE: JBTM) is not one of the 30 Most Popular Stocks Among Hedge Funds, but its holdings increased from 23 to 32 hedge fund portfolios from the previous quarter. Despite its investment potential, Conestoga Capital Advisors believes certain AI stocks offer better opportunities. For more investor letters from hedge funds and leading investors, visit their hedge fund investor letters Q2 2025 page.

Read more at Yahoo Finance: Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) in Q2