LongCRLSep 2026
Charles River Laboratories International, Inc.
Ariel sees Charles River benefiting from early signs of a recovery in biopharmaceutical research and development spending. Stronger bookings in Discovery & Safety Assessment and…
Ariel Mid Cap Value Composite
Concentrated U.S. mid-cap fundamental value equity strategy focused on undervalued, durable businesses.7 published ideas
Ariel Mid Cap Value Composite is a managed-account equity strategy of Ariel Investments LLC. It invests in mid-sized companies with sustainable competitive advantages, solid balance sheets and long-term earnings power not fully reflected in share prices. The representative portfolio has fewer holdings and greater sector concentration than its benchmarks.
Ideas from Ariel Mid Cap Value Composite
LongHAESep 2026
Haemonetics Corporation
Ariel expects Haemonetics to sustain growth on the back of its strengthening plasma franchise. Results and full-year guidance exceeded expectations as plasma growth accelerated…
LongBIOSep 2026
Bio-Rad Laboratories, Inc.
Ariel believes Bio-Rad's operational restructuring and capital allocation can unlock long-term earnings growth. Organic sales and margin performance exceeded expectations despite…
LongNCLHSep 2026
Norwegian Cruise Line Holdings Ltd.
Ariel maintains a constructive longer-term view on Norwegian Cruise Line despite weak yield expectations and choppy bookings. Demand for European itineraries has softened and…
LongOSWSep 2026
OneSpaWorld Holdings Limited
Ariel views OneSpaWorld's share-price weakness as profit-taking rather than a change in its business quality. Results and guidance improved on robust cruise passenger spending…
LongMIDDSep 2026
The Middleby Corporation
Ariel thinks the market is underestimating Middleby's recovery after two consecutive quarters of healthy organic growth. Demand is improving in quick-service restaurant…
LongADIGSep 2026
ADI Global Distribution, Inc.
Ariel acquired ADI following its spin-off from Resideo, attracted by an industry-leading distribution network. ADI benefits from scale across security, audio-visual and fire and…
Letters covered
- Ariel Mid Cap Value Composite - Q3 2026 Quarterly CommentarySeptember 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.