LongMBGLSep 2026
Mobility Global Inc.
Fenimore believes selling pressure following the spin-off from S&P Global reflected shareholders exiting a newly separate company rather than weak fundamentals. The CARFAX…
Fenimore Asset Management, Inc.
Fundamental long-only quality equity investing in small-cap, dividend and value strategies.$4.8B AUM9 published ideas
Fenimore Asset Management was established in 1974 and is family- and associate-owned. It manages the FAM mutual funds and separately managed accounts through detailed company research. The firm seeks durable competitive advantages, strong balance sheets and the ability to compound intrinsic value over time.
Ideas from Fenimore Asset Management, Inc.
LongSPSCSep 2026
SPS Commerce, Inc.
SPS Commerce is using its proprietary data and specialist domain knowledge to develop AI capabilities. Early implementation has been promising and has eased fears that AI will…
LongNOVTSep 2026
Novanta Inc.
Novanta makes specialized components for automated healthcare and advanced industrial applications. The business has accelerated since the fund first bought shares about one year…
LongROSTSep 2026
Ross Stores, Inc.
Ross Stores is benefiting as consumers seek off-price apparel and retail value. Fenimore believes Ross is executing better than its peers, and a strong quarterly earnings report…
LongCTASSep 2026
Cintas Corporation
Cintas delivered record financial results and strong execution. The recurring-revenue business model and consistent margins reinforce the fund view of durable compounding. The…
LongMLMSep 2026
Martin Marietta Materials, Inc.
The aggregates industry benefits from local pricing power and attractive market structures. Higher borrowing rates have delayed construction, but Fenimore expects a multi-year…
LongHEI.ASep 2026
HEICO Corporation
HEICO continued growing revenue and reported profit growth of roughly 33% even as shares declined with aerospace and defense peers. Fenimore regards the company fundamentals and…
LongULSSep 2026
UL Solutions Inc.
UL Solutions supplies testing, inspection and certification services essential for many manufacturers selling products in the U.S. Fenimore views the recognized UL Mark as a…
LongZBRASep 2026
Zebra Technologies Corporation
Zebra supplies warehouse and retail automation hardware. Quarterly organic revenue growth and earnings improvement were strong enough to support higher full-year guidance…
Letters covered
- Fenimore Quarterly Investment Commentary Q3 2026September 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.