Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) 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 Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025.

In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as JBT Marel Corporation (NYSE:JBTM). John Bean Technologies Corporation was renamed JBT Marel Corporation (NYSE:JBTM) in January 2025. JBT Marel Corporation (NYSE:JBTM) offers technology solutions to the food and beverage industry. The one-month return of JBT Marel Corporation (NYSE:JBTM) was 15.60%, and its shares gained 42.72% of their value over the last 52 weeks. On July 25, 2025, JBT Marel Corporation (NYSE:JBTM) stock closed at $139.02 per share, with a market capitalization of $7.22 billion.

Conestoga Capital Advisors stated the following regarding JBT Marel Corporation (NYSE:JBTM) in its second quarter 2025 investor letter:

"JBT Marel Corporation (NYSE:JBTM) is a leading global food processing provider, recognized for its technology and service leadership. The company merged with Icelandic company Marel in early January which effectively doubled the size of JBT's revenue. In light of our large industrial exposure in the Small Cap Growth portfolios, we exited our position in JBT given the dual risks of the integration as well as the United States evolving tariff policy."

JBT Marel Corporation (NYSE:JBTM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 32 hedge fund portfolios held JBT Marel Corporation (NYSE:JBTM) at the end of the first quarter compared to 23 in the previous quarter. While we acknowledge the potential of JBT Marel Corporation (NYSE:JBTM) 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 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.