LongNCBDYSep 2026
Bandai Namco Holdings Inc.
Bandai Namco gained as investors became more confident in its earnings recovery. Toys, collectibles and trading cards grew robustly, with the Gundam Card Game emerging as an…
Ariel Investments, LLC — Ariel Global Composite
Global, bottom-up, contrarian value strategy targeting misunderstood or out-of-favor franchises trading below intrinsic value across developed and emerging markets.13 published ideas
Ariel Global applies a non-consensus, fundamental approach to businesses whose long-term earnings and competitive positions are not fully reflected in market prices. Its September 2026 commentary highlights selective opportunities across health care, power infrastructure, financials, consumer brands and industrials, with particular attention to valuation and company-specific catalysts.
Ideas from Ariel Investments, LLC — Ariel Global Composite
Long3759.HKSep 2026
Pharmaron Beijing Co., Ltd.
Pharmaron beat earnings expectations and raised its full-year revenue forecast on strong orders in laboratory services, drug development and clinical research. Continued contract…
Long600563.SSSep 2026
Xiamen Faratronic Co., Ltd.
Faratronic declined on customer pricing discussions and negative sentiment toward Chinese new-energy businesses despite firm demand. Ariel sees those headwinds as cyclical rather…
LongFSLRSep 2026
First Solar Inc.
First Solar fell as higher long-term interest rates undermined renewable-energy valuations and its patent enforcement approach drew scrutiny. Operations remained robust, with…
LongIFNNYSep 2026
Infineon Technologies AG
Infineon fell following softer margin guidance that reduced near-term earnings expectations. Ariel regards the guidance as conservative rather than evidence of fundamental…
LongDTSep 2026
Dynatrace Inc.
Dynatrace exceeded sales, profit and annual recurring revenue expectations, with ARR passing $2 billion. Accelerating net-new ARR, customer additions and raised guidance…
LongUPSSep 2026
United Parcel Service Inc.
Ariel bought UPS after prolonged underperformance left it trading at a large historical discount to peers. Management has deliberately shed low-margin Amazon volumes while…
LongAKZOYSep 2026
Akzo Nobel N.V.
Ariel bought Akzo Nobel ahead of its combination with Axalta, expecting complementary operations and significant opportunities to remove duplicated costs. Share prices have…
LongKMTUYSep 2026
Komatsu Ltd.
Ariel bought Komatsu to gain exposure to a sustained mining-equipment cycle fueled by high gold and copper prices and copper-project investment. That pipeline could create…
LongNWGSep 2026
NatWest Group plc
Ariel purchased NatWest for earnings drivers beyond simple changes in benchmark interest rates. Its structural hedge supports net interest income as maturing instruments are…
LongQCOMSep 2026
QUALCOMM Incorporated
Ariel initiated Qualcomm because its growth opportunities extend past its mature smartphone business. Diversification into automotive, edge devices and AI-enabled computing…
LongRBGLYSep 2026
Reckitt Benckiser Group plc
Ariel reestablished Reckitt, seeing an undue valuation discount to comparable consumer-staples franchises. Nearly half of core revenue comes from faster-growing emerging markets…
LongSTAN.LSep 2026
Standard Chartered PLC
Ariel added Standard Chartered for its cross-border banking network linking Asia, Africa and the Middle East to global capital markets. Transaction banking, trade finance and…
Letters covered
- Ariel Global Quarterly Commentary — Q3 2026September 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.