Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions spanning the data center core to network edge in the United States and internationally. On July 29, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $163.40 per share. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was -25.21%, and its shares gained 128.27% over the past 52 weeks. Marvell Technology, Inc. (NASDAQ:MRVL) has a market capitalization of $143.1 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor letter:
"Marvell Technology, Inc. (NASDAQ:MRVL) is a fabless semiconductor company focused on chips and optical components for data centers. The company reported a strong quarter, and management said AI-related demand remained very strong. Investors appreciated the accelerating revenue growth, margin improvement in optical products, and upcoming ramp-up of custom silicon chips."
Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 79 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the first quarter, compared to 85 in the previous quarter. In the first quarter of fiscal 2027, Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.42 billion reflecting 9% sequential and 28% year over year growth. While we acknowledge the risk and potential of Marvell Technology, Inc. (NASDAQ:MRVL) 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

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Teradyne, Inc. (NASDAQ:TER). Teradyne, Inc. (NASDAQ:TER) engages in the design, development, manufacture, and sale of automated test systems and robotics products. On July 29, 2026, Teradyne, Inc. (NASDAQ:TER) closed at $319.41 per share. One-month return of Teradyne, Inc. (NASDAQ:TER) was -13.46% and its shares gained 197.32% over the past 52 weeks. Teradyne, Inc. (NASDAQ:TER) has a market capitalization of $50 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Teradyne, Inc. (NASDAQ:TER) in its Q2 2026 investor letter:
"Teradyne, Inc. (NASDAQ:TER) provides tester equipment for the semiconductor industry and other end markets. AI-related demand for memory and custom silicon chips has led to very strong orders for Teradyne's equipment. Investors also have appreciated the company's potential to take market share from some of its largest customers."
Teradyne, Inc. (NASDAQ:TER) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Teradyne, Inc. (NASDAQ:TER) at the end of the first quarter which was 77 in the previous quarter. While we acknowledge the risk and potential of Teradyne, Inc. (NASDAQ:TER) 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 Teradyne, Inc. (NASDAQ:TER) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

#carillon #fund #letter #investment

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) provides **** og semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On July 29, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $228.71 per share. The one-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -21.92% and its shares gained 83.48% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $17.45 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q2 2026 investor letter:
"MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures high-performance **** og and optical components. The company is diversified across data center, industrial, and telecom markets. The AI spending wave from the hyperscalers has led to very strong growth in Macom's data center products. Investors also have appreciated the company's exposure to end markets in aerospace, defense, and **** e that are expected to have long runways for growth."

#NASDAQ #letter

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Vertiv Holdings Co (NYSE:VRT). Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On July 29, 2026, Vertiv Holdings Co (NYSE:VRT) closed at $223.04 per share. The one-month return of Vertiv Holdings Co (NYSE:VRT) was -25.78% and its shares gained 53.19% over the past 52 weeks. Vertiv Holdings Co (NYSE:VRT) has a market capitalization of $85.67 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its Q2 2026 investor letter:
"Vertiv Holdings Co (NYSE:VRT), a global leader in critical infrastructure for data centers and communication networks, delivered another strong quarterly report. A highlight was management's commentary suggesting the company's commercial pipeline and visibility continue to point toward robust growth for the foreseeable future. The company remains well positioned to benefit from accelerating data center investment driven by rapid expansion in high-performance computing and artificial intelligence. Vertiv's leadership in power and thermal management, combined with strategic relationships across leading semiconductor manufacturers and hyperscale customers, reinforces its role as a key enabler of next-generation AI infrastructure."

#holdings #vertiv #carillon

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Karman Holdings Inc. (NYSE:KRMN). Karman Holdings Inc. (NYSE:KRMN) engages in designing, testing, and manufacturing mission-critical systems in the United States. On July 29, 2026, Karman Holdings Inc. (NYSE:KRMN) closed at $45.59 per share. One-month return of Karman Holdings Inc. (NYSE:KRMN) was -19.12% and its shares gained -11.82% over the past 52 weeks. Karman Holdings Inc. (NYSE:KRMN) has a market capitalization of $6.04 billion with a 52-week trading range between $43.68 - $118.38.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Karman Holdings Inc. (NYSE:KRMN) in its Q2 2026 investor letter:
"Karman Holdings Inc. (NYSE:KRMN) provides components and systems for existing and emerging missile, defense, and **** e programs. The company's stock underperformed after Karman reported quarterly organic growth that came in slightly below market expectations. Ongoing noise surrounding next year's defense budget also has weighed on most defense company valuations in recent months. Despite these near-term dynamics, Karman's positioning as a supplier to a wide range of the most rapidly growing military programs – spanning hypersonics, strategic missile defense, tactical munitions, and **** e and launch operations – provides significant visibility toward robust organic growth for the foreseeable future."

#carillon #defense

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Insmed Incorporated (NASDAQ:INSM). Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focusing on developing therapies for patients with serious and rare diseases. On July 23, 2026, Insmed Incorporated (NASDAQ:INSM) closed at $103.12 per share, reflecting a market capitalization of $22.35 billion. Insmed Incorporated (NASDAQ:INSM) posted a one-month return of -10.60%, and its shares lost 7.00% over the past 52 weeks.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Insmed Incorporated (NASDAQ:INSM) in its Q2 2026 investor letter:
"Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focused on developing and commercializing therapies for serious and rare diseases. The company underperformed primarily because first-quarter Brinsupri sales, which were ahead of consensus estimates, fell short of more bullish estimates. Fortunately, second-quarter prescription trends have been strong and point to sales closer to the high end of consensus expectations."
Insmed Incorporated (NASDAQ:INSM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Insmed Incorporated (NASDAQ:INSM) at the end of the first quarter which was 75 in the previous quarter. While we acknowledge the potential of Insmed Incorporated (NASDAQ:INSM) 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.

#insmed #company

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Lam Research Corporation (NASDAQ:LRCX). Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. On July 27, 2026, Lam Research Corporation (NASDAQ:LRCX) closed at $291.61 per share. One-month return of Lam Research Corporation (NASDAQ:LRCX) was -32.70% and its shares gained 194.73% over the past 52 weeks. Lam Research Corporation (NASDAQ:LRCX) has a market capitalization of $364.68 billion with a 52-week trading range between $90.94 - $438.50.
Carillon Eagle Growth & Income Fund stated the following regarding Lam Research Corporation (NASDAQ:LRCX) in its Q2 2026 investor letter:
"Lam Research Corporation's (NASDAQ:LRCX) shares continued to benefit from increased capital expenditure spending by its semiconductor clients. With the demand for silicon and memory at record highs and a very tight supply/demand dynamic, this appetite for Lam Research's product appears unlikely to slow any time soon."
Lam Research Corporation (NASDAQ:LRCX) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 123 hedge fund portfolios held Lam Research Corporation (NASDAQ:LRCX) at the end of the first quarter, up from 104 in the previous quarter. Lam Research Corporation's (NASDAQ:LRCX) revenue for the March quarter of 2026 was $5.84 billion, representing a 9% sequential increase and a 24% increase compared to March quarter of 2025. While we acknowledge the potential of Lam Research Corporation (NASDAQ:LRCX) as an investment, we believe certain AI stocks offer greater upside potential and

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted AT&T Inc. (NYSE:T). AT&T Inc. (NYSE:T) is a global provider of telecommunications and technology services worldwide. On July 27, 2026, AT&T Inc. (NYSE:T) closed at $24.42 per share. One-month return of AT&T Inc. (NYSE:T) was 17.97%, and its shares lost -10.91% over the past 52 weeks. AT&T Inc. (NYSE:T) has a market capitalization of about $165.35 billion with a 52-week trading range between $19.89 and $29.79.
Carillon Eagle Growth & Income Fund stated the following regarding AT&T Inc. (NYSE:T) in its Q2 2026 investor letter:
"AT&T Inc. (NYSE:T) lagged amid investor concerns about the emergence of a potential new competitor. Advances in low Earth orbit (LEO) satellite technology, alongside complementary terrestrial technologies, could enable lower-cost connectivity for mobile devices. AT&T's management reiterated confidence that its converged fiber and wireless offering remains well positioned competitively."
AT&T Inc. (NYSE:T) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 72 hedge fund portfolios held AT&T Inc. (NYSE:T) at the end of the first quarter which was 77 in the previous quarter. While we acknowledge the potential of AT&T Inc. (NYSE:T) 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.

#NYSE #fund #carillon #letter

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted McDonald's Corporation (NYSE:MCD). McDonald's Corporation (NYSE:MCD) owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. On July 27, 2026, McDonald's Corporation (NYSE:MCD) closed at $270.67 per share. One-month return of McDonald's Corporation (NYSE:MCD) was 0.13% and its shares lost 10.57% over the past 52 weeks. McDonald's Corporation (NYSE:MCD) has a market capitalization of $192.31 billion with a 52-week trading range between $260.96 - $341.75.
Carillon Eagle Growth & Income Fund stated the following regarding McDonald's Corporation (NYSE:MCD) in its Q2 2026 investor letter:
"McDonald's Corporation's (NYSE:MCD) traded lower as rising beef prices, driven in part by concerns surrounding the spread of the New World screwworm parasite, weighed on investor sentiment. While the company faces more challenging year-over-year comparisons in the upcoming quarter, its value initiatives have helped recapture some traffic from value-oriented consumers, although that customer segment remains under pressure."
McDonald's Corporation (NYSE:MCD) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 83 hedge fund portfolios held McDonald's Corporation (NYSE:MCD) at the end of the first quarter which was 91 in the previous quarter. While we acknowledge the potential of McDonald's Corporation (NYSE:MCD) 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 f

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Chevron Corporation (NYSE:CVX). Chevron Corporation (NYSE:CVX) engages in the integrated energy and chemicals operations. On July 27, 2026, Chevron Corporation (NYSE:CVX) closed at $190.00 per share. One-month return of Chevron Corporation (NYSE:CVX) was 14.62% and its shares gained 21.00% over the past 52 weeks. Chevron Corporation (NYSE:CVX) has a market capitalization of $378.4 billion with a 52-week range between $146.49 - $214.71.
Carillon Eagle Growth & Income Fund stated the following regarding Chevron Corporation (NYSE:CVX) in its Q2 2026 investor letter:
"Chevron Corporation's (NYSE:CVX) weak share price performance in the second quarter, following very strong performance in the first quarter, closely aligns with crude oil prices throughout 2026. Crude prices mirror news flows out of the Middle East with particular attention to transit levels through the Strait of Hormuz. This will continue for the duration of the conflict. However, Chevron is well placed to benefit from generally high commodity price levels, a high-quality ***** et base, and continued discipline around cash flow generation and capital deployment."
Chevron Corporation (NYSE:CVX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 103 hedge fund portfolios held Chevron Corporation (NYSE:CVX) at the end of the first quarter which was 86 in the previous quarter. While we acknowledge the potential of Chevron Corporation (NYSE:CVX) 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 significantl

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted T-Mobile US, Inc. (NASDAQ:TMUS). T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communications services in the United States and internationally. On July 27, 2026, T-Mobile US, Inc. (NASDAQ:TMUS) closed at $177.21 per share. One-month return of T-Mobile US, Inc. (NASDAQ:TMUS) was 5.65%, and its shares lost -24.39% over the past 52 weeks. T-Mobile US, Inc. (NASDAQ:TMUS) has a market capitalization of about $190.08 billion.
Carillon Eagle Growth & Income Fund stated the following regarding T-Mobile US, Inc. (NASDAQ:TMUS) in its Q2 2026 investor letter:
"T-Mobile US, Inc. (NASDAQ:TMUS) lagged due to concerns over a competitor building its own terrestrial US mobile network. Advances in low Earth orbit (LEO) satellite technology, alongside complementary terrestrial technologies, could enable lower-cost connectivity for mobile devices."
T-Mobile US, Inc. (NASDAQ:TMUS) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 85 hedge fund portfolios held T-Mobile US, Inc. (NASDAQ:TMUS) at the end of the first quarter which was 76 in the previous quarter. While we acknowledge the potential of T-Mobile US, Inc. (NASDAQ:TMUS) 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.

#mobile #quarter #earnings

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN) provides strategy and consulting, industry X, song, and technology and operation services. On July 27, 2026, Accenture plc (NYSE:ACN) closed at $154.06 per share. One-month return of Accenture plc (NYSE:ACN) was 23.80% and its shares lost 44.76% over the past 52 weeks. Accenture plc (NYSE:ACN) has a market capitalization of $94.28 billion with a 52-week trading range between $118.15 - $291.09.
Carillon Eagle Growth & Income Fund stated the following regarding Accenture plc (NYSE:ACN) in its Q2 2026 investor letter:
"Accenture plc (NYSE:ACN) delivered weaker performance during the quarter. Investor concerns rose with decelerating revenue growth due to government contract cancellations and softening demand for discretionary information technology spending. The uncertain net effect of artificial intelligence fueled these fears. While fiscal fourth-quarter financials demonstrated that these fears were inflated, we believe the company needs to execute on its 2026 guidance before sentiment fully recovers."
Accenture plc (NYSE:ACN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 64 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the first quarter which was 71 in the previous quarter. While we acknowledge the potential of Accenture plc (NYSE:ACN) 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 A

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw.
Semiconductor designer Broadcom Inc. (NASDAQ:AVGO)'s shares have been quite volatile over the past couple of days. While they are up by 15% year-to-date, they lost 12% between June 18th and July 2nd, only to gain 11% since then. On June 30th, Jefferies discussed Broadcom Inc. (NASDAQ:AVGO) as it reiterated a Buy rating and a $550 share price target. It discussed the chip company's AI business and outlined that Broadcom Inc. (NASDAQ:AVGO) was benefiting from increased visibility into future earnings. Jefferies added that the firm's Tensor AI chip business with Google was also doing well.
Broadcom Inc. (NASDAQ:AVGO)'s AI chip demand was at the center of a 19.5% share price drop between June 3rd and 5th as it failed to raise its revenue guidance for the products. Erste Group downgraded the shares to Hold from Buy on July 7th and outlined that it believed that the current share price levels reflect most of the firm's valuation.
For illustration purposes only. Photo from Pixabay/Pexels
Carillon Eagle Growth fund discussed Broadcom Inc. (NASDAQ:AVGO) in its Q1 2026 investor letter:

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted IRhythm Holdings, Inc. (NASDAQ:IRTC). IRhythm Holdings, Inc. (NASDAQ:IRTC) is a digital healthcare company that provides Zio ambulatory cardiac monitoring services. The company, previously known as iRhythm Technologies, Inc., changed its name to iRhythm Holdings, Inc. in January 2026. On June 24, 2026, IRhythm Holdings, Inc. (NASDAQ:IRTC) closed at $112.47 per share. One-month return of IRhythm Holdings, Inc. (NASDAQ:IRTC) was -2.72%, and its shares lost 26.34% over the past 52 weeks. IRhythm Holdings, Inc. (NASDAQ:IRTC) has a market capitalization of $3.7 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding IRhythm Holdings, Inc. (NASDAQ:IRTC) in its Q1 2026 investor letter:
"IRhythm Holdings, Inc. (NASDAQ:IRTC) is a digital healthcare company that develops wearable, AI-driven cardiac monitoring devices. The stock struggled despite delivering beat-and-raise results. Broader weakness in the healthcare equipment and supplies industry, as investors rotated into cyclical and technology stocks, weighed on performance. Additional pressure came from a US Department of Justice Civil Investigative Demand (DOJ CID) received in December related to mobile cardiac telemetry services rendered in 2023 via iRhythm's Zio AT recording device. This inquiry is limited in scope as it only accounts for a small portion of total sales and the risk has already been priced in. We don't read too much into the com pany's recent change of auditors."
IRhythm Holdings, Inc. (NASDAQ:IRTC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 37 hedge fund portfolios held IRhythm Holdings, Inc. (NASDAQ:IRTC) at the end of the first quarter, compared to 44 in the previous quarter. While we acknowledge the potential of IRhythm Holdings, Inc. (NASDAQ:IRTC) 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 s

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted AppFolio, Inc. (NASDAQ:APPF). AppFolio, Inc. (NASDAQ:APPF) is a US-based technology company that provides a cloud-based platform for the real estate industry. On June 24, 2026, AppFolio, Inc. (NASDAQ:APPF) closed at $148.81 per share. One-month return of AppFolio, Inc. (NASDAQ:APPF) was -6.51%, and its shares lost 35.10% over the past 52 weeks. AppFolio, Inc. (NASDAQ:APPF) has a market capitalization of $5.26 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding AppFolio, Inc. (NASDAQ:APPF) in its Q1 2026 investor letter:
"AppFolio, Inc. (NASDAQ:APPF) provides cloud-based multi-property management software. The company has been gaining share against legacy suppliers while delivering strong margins and cash flow. Investor concerns have emerged around AI tools potentially replacing proprietary solutions like the ones provided by AppFolio. We believe the company's deep industry expertise. The importance of its software in managing the complexity of running thousands of rental units, the potential financial consequences, and AppFolio's relatively low-cost offering together are enough to dissuade customers from using rudimentary AI-based tools."
AppFolio, Inc. (NASDAQ:APPF) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 43 hedge fund portfolios held AppFolio, Inc. (NASDAQ:APPF) at the end of the first quarter, up from 33 in the previous quarter. In Q1 2026, AppFolio, Inc. (NASDAQ:APPF) delivered revenue of $262 million, up 20% year-over-year. While we acknowledge the potential of AppFolio, Inc. (NASDAQ:APPF) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Genius Sports Limited (NYSE:GENI). Genius Sports Limited (NYSE:GENI) is a London-based sports technology company that offers technology infrastructure for the collection, integration, and distribution of live sports data. On June 24, 2026, Genius Sports Limited (NYSE:GENI) closed at $5.66 per share. One-month return of Genius Sports Limited (NYSE:GENI) was 1.07%, and its shares lost 45.37% over the past 52 weeks. Genius Sports Limited (NYSE:GENI) has a market capitalization of $1.51 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Genius Sports Limited (NYSE:GENI) in its Q1 2026 investor letter:
"Genius Sports Limited (NYSE:GENI) provides sports data, technology, and media services that power betting, broadcasting, and fan engagement. The stock sold off dramatically following the market's negative reaction to its announced plan to acquire a provider of ticketing, sponsorship, and merchandising services for sports and entertainment venues. The underlying data and media business continues to perform well, and we do not share the market's overly pessimistic view of the deal. We look forward to the close of the acquisition in the second quarter and believe strong fundamentals could drive the stock from here."
Genius Sports Limited (NYSE:GENI) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 37 hedge fund portfolios held Genius Sports Limited (NYSE:GENI) at the end of the first quarter, compared to 41 in the previous quarter. While we acknowledge the potential of Genius Sports Limited (NYSE:GENI) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Powell Industries, Inc. (NASDAQ:POWL) as a leading contributor. Powell Industries, Inc. (NASDAQ:POWL) is an industrial company that designs, develops, manufactures, sells, and services custom-engineered equipment and systems. On June 24, 2026, Powell Industries, Inc. (NASDAQ:POWL) closed at $294.49 per share. One-month return of Powell Industries, Inc. (NASDAQ:POWL) was 1.93%, and its shares gained 343.13% over the past 52 weeks. Powell Industries, Inc. (NASDAQ:POWL) has a market capitalization of $10.73 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Powell Industries, Inc. (NASDAQ:POWL) in its Q1 2026 investor letter:
"Powell Industries, Inc. (NASDAQ:POWL), a provider of custom engineered electrical equipment and systems, was a notable strong performer. The company secured several large data center wins, complementing a steady stream of utility related awards in recent periods. Powell is well positioned to benefit from ongoing liquefied natural gas (LNG) export infrastructure development along the Gulf Coast. Management announced plans to expand production capacity, signaling confidence in a meaningful ramp-up in demand and providing increased visibility into future growth."
Powell Industries, Inc. (NASDAQ:POWL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 40 hedge fund portfolios held Powell Industries, Inc. (NASDAQ:POWL) at the end of the first quarter, up from 30 in the previous quarter. While we acknowledge the potential of Powell Industries, Inc. (NASDAQ:POWL) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Applied Optoelectronics, Inc. (NASDAQ:AAOI). Headquartered in Sugar Land, Texas, Applied Optoelectronics, Inc. (NASDAQ:AAOI) is a leading provider of fiber-optic networking products serving data centres, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers. On June 24, 2026, Applied Optoelectronics, Inc. (NASDAQ:AAOI) closed at $146.97 per share. One-month return of Applied Optoelectronics, Inc. (NASDAQ:AAOI) was -13.05%, and its shares gained 429.24% over the past 52 weeks. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has a market capitalization of $11.79 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Applied Optoelectronics, Inc. (NASDAQ:AAOI) in its Q1 2026 investor letter:
"Applied Optoelectronics, Inc. (NASDAQ:AAOI) supplies fiber-optic networking products used in high-speed cable networks and increasingly used in artificial intelligence (AI) data centers. The company reported a healthy quarter and discussed winning major new orders from large hyperscale customers. The company also has made progress on a new US-based facility that is expected to increase its capacity to serve other hyperscale customers next year."
Applied Optoelectronics, Inc. (NASDAQ:AAOI) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 55 hedge fund portfolios held Applied Optoelectronics, Inc. (NASDAQ:AAOI) at the end of the first quarter, up from 36 in the previous quarter. While we acknowledge the potential of Applied Optoelectronics, Inc. (NASDAQ:AAOI) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Solstice Advanced Materials, Inc. (NASDAQ:SOLS). Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is a specialty chemicals and advanced materials company that operates in Refrigerants & Applied Solutions (RAS) and Electronic & Specialty Materials (ESM) segments. On June 24, 2026, Solstice Advanced Materials, Inc. (NASDAQ:SOLS) closed at $86.66 per share. One-month return of Solstice Advanced Materials, Inc. (NASDAQ:SOLS) was 2.47%, and YTD its shares gained 78.39%. Solstice Advanced Materials, Inc. (NASDAQ:SOLS) has a market capitalization of $13.76 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Solstice Advanced Materials, Inc. (NASDAQ:SOLS) in its Q1 2026 investor letter:
"Solstice Advanced Materials, Inc. (NASDAQ:SOLS), a diversified global advanced materials provider, performed well as it continued to establish its standalone investment case following its recent spin off from a larger industrial conglomerate. Management has effectively highlighted several underappreciated secular growth drivers that were previously overlooked by investors of the prior parent company. The company is seeing accelerating momentum in key strategic areas, including uranium conversion services, where it is the sole US provider at utility scale. Strengthening demand visibility has extended well into the future, prompting Solstice to announce capacity expansion initiatives to support sustained growth."
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 76 hedge fund portfolios held Solstice Advanced Materials, Inc. (NASDAQ:SOLS) at the end of the first quarter, up from 65 in the previous quarter. While we acknowledge the potential of Solstice Advanced Materials, Inc. (NASDAQ:SOLS) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Archrock, Inc. (NYSE:AROC). Archrock, Inc. (NYSE:AROC) is a US-based energy infrastructure company that provides natural gas compression services. On June 24, 2026, Archrock, Inc. (NYSE:AROC) closed at $38.79 per share. One-month return of Archrock, Inc. (NYSE:AROC) was 12.11%, and its shares gained 53.81% over the past 52 weeks. Archrock, Inc. (NYSE:AROC) has a market capitalization of $6.79 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Archrock, Inc. (NYSE:AROC) in its Q1 2026 investor letter:
"Archrock, Inc. (NYSE:AROC), an energy infrastructure company focused on midstream natural gas compression, performed well as improving oil prices supported expectations for modestly stronger US production growth in the near term. Given that its earnings are closely tied to natural gas volumes, this shift in outlook benefited sentiment. Archrock is well positioned longer term to capitalize on the robust sustained growth in domestic natural gas production. This is driven by expanding LNG export capacity and ever-increasing power demand ******* ociated with the buildout of artificial intelligence infrastructure."
Archrock, Inc. (NYSE:AROC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 36 hedge fund portfolios held Archrock, Inc. (NYSE:AROC) at the end of the first quarter, up from 30 in the previous quarter. While we acknowledge the potential of Archrock, Inc. (NYSE:AROC) 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.

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Modine Manufacturing Company (NYSE:MOD) as a notable contributor. Modine Manufacturing Company (NYSE:MOD) is an industrial company that focuses on thermal management products and solutions. On June 23, 2026, Modine Manufacturing Company (NYSE:MOD) closed at $277.46 per share. One-month return of Modine Manufacturing Company (NYSE:MOD) was -0.09%, and its shares gained 173.30% over the past 52 weeks. Modine Manufacturing Company (NYSE:MOD) has a market capitalization of $14.65 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Modine Manufacturing Company (NYSE:MOD) in its Q1 2026 investor letter:
"Modine Manufacturing Company (NYSE:MOD) provides mission critical thermal management solutions. It delivered strong performance driven by its growing exposure to data center cooling. The company is well positioned to benefit from accelerating investment in high-performance computing and artificial intelligence infrastructure. Management raised expectations during the quarter, indicating they now expect to significantly exceed their recently issued multi-year data center revenue targets. The announced sale of its Performance Technologies segment – serving lower-growth, lower-margin automotive and transportation markets – transforms the company into a more focused, higher-growth pure play on data centers and commercial heating, ventilation, and air conditioning (HVAC). This enhances its long-term growth profile."
Modine Manufacturing Company (NYSE:MOD) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 61 hedge fund portfolios held Modine Manufacturing Company (NYSE:MOD) at the end of the first quarter, up from 59 in the previous quarter. In the fourth quarter of fiscal 2026, Modine Manufacturing Company's (NYSE:MOD) revenue increased 47% driven by growth in its Climate Solutions segment. While we acknowledge the potential of Modine Manufacturing Company (NYSE:MOD) 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 s

Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted stocks like Vital Farms, Inc. (NASDAQ:VITL). Headquartered in Austin, Texas, Vital Farms, Inc. (NASDAQ:VITL) is a branded food company focused on ethically produced pasture-raised eggs and ****** er. On June 23, 2026, Vital Farms, Inc. (NASDAQ:VITL) closed at $10.68 per share. One-month return of Vital Farms, Inc. (NASDAQ:VITL) was 5.59%, and its shares lost 71.35% over the past 52 weeks. Vital Farms, Inc. (NASDAQ:VITL) has a market capitalization of $457.62 million.
Carillon Eagle Small Cap Growth Fund stated the following regarding Vital Farms, Inc. (NASDAQ:VITL) in its Q1 2026 investor letter:
"Vital Farms, Inc. (NASDAQ:VITL) produces and markets pasture-raised eggs and dairy products sourced from a network of small family farms. The stock came under pressure after the company lowered its revenue guidance. Vital Farms faces a temporary supply glut in the egg market after last year's avian influenza outbreak quickly subsided. This dynamic, coupled with adverse weath er, reduced its revenue outlook."
Vital Farms, Inc. (NASDAQ:VITL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held Vital Farms, Inc. (NASDAQ:VITL) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of Vital Farms, Inc. (NASDAQ:VITL) 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.

Woodward, Inc. (NASDAQ:WWD) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks. A caller asked for Cramer’s opinion on the stock. He replied:
I happen to think it’s a very, very good company. You’re not going to get this company for less than, you know, 30, it’s going to be 40 times earnings, which it is. But it’s engineered products, industrial engines, it’s what’s working now during this administration, and I recommend it.
A stock market data. Photo by AlphaTradeZone on Pexels
Woodward, Inc. (NASDAQ:WWD) designs, manufactures, and services control solutions, components, and electronic systems for the aerospace and industrial markets. The company provides both original equipment and aftermarket maintenance, repair, and overhaul services. Carillon Tower Advisers stated the following regarding Woodward, Inc. (NASDAQ:WWD) in its fourth quarter 2025 investor letter:
Woodward, Inc. (NASDAQ:WWD) develops and produces control systems and energy conversion solutions and components for the aerospace and industrial end markets. The stock was a steady and strong performer throughout 2025, and once again delivered an impressive quarterly report that was highlighted by particularly strong performance in its aerospace aftermarket vertical. The potential for the long-awaited increased rate of production from the large airframe original equipment manufacturers (OEMs) in 2026 could provide an additional tailwind to growth. Investors also remain optimistic about the company’s increasing exposure to newer-generation aircraft that could result in a further step change in aftermarket growth in the latter half of the decade.