Scout Investments, Inc., released its Q3 2025 investor letter for Carillon Scout Mid Cap Fund, citing positive returns in the Russell Midcap Index driven by strong corporate earnings and AI infrastructure momentum. The letter also highlighted the anticipation of the U.S. Federal Reserve’s interest rates and the fund’s top five holdings for 2025.

Kirby Corporation (NYSE: KEX) was a key stock discussed in Carillon Scout Mid Cap Fund’s Q3 2025 investor letter. The US-based tank barge operator saw a one-month return of 6.77% with shares losing 6.26% over the past year. With a market cap of $6.33 billion, Kirby Corporation (NYSE: KEX) closed at $113.44 per share on December 2, 2025.

Carillon Scout Mid Cap Fund’s investor letter mentioned concerns about Kirby Corporation (NYSE: KEX) due to softening inland barge utilization and weakening demand for transported volumes. The stock underperformed as investors grew cautious about cyclical pressures in energy, chemical, and industrial markets, affecting inland barge pricing for Kirby.

Kirby Corporation (NYSE: KEX) isn’t among the 30 most popular stocks among hedge funds, with 46 portfolios holding it at the end of Q3 2025. While acknowledging its potential, some AI stocks are seen as offering greater upside potential with less downside risk. Investors can explore a free report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Kirby Corporation (KEX) Fell Due to Softened Inland Barge Utilization