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The market dominance of mega caps is facing a critical test. Large cap companies, typically those found in the “Magnificent Seven,” have been propelling the market for the last few years.
A historic run of outperformance by large-cap growth names may prompt some investors to look for value elsewhere. That opportunity could be in small-and mid-caps (SMID), given their strong performance recently.
MIDLAND, VA / ACCESS Newswire / March 10, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, announced it will manufacture and supply $1.6M of its proprietary SlenderWall® architectural precast cladding system for a new luxury residential redevelopment project located in Washington D.C. The project incorporates Smith-Midland's SlenderWall® system, a lightweight architectural precast panel system with integrated steel studs designed to reduce structural loads, while delivering durability and architectural versatility.
The Fundstrat Granny Shots US Small- & Mid-Cap ETF is an actively managed vehicle with a sophisticated strategy amalgamating shorter- and longer-term themes. I appreciate GRNJ's performance since its inception in November 2025, particularly its ability to benefit from the capital rotation earlier this year. However, the ETF has been more sensitive to the ripple effects of the U.S.-Israel-Iran conflict than simpler SMID peers.
Timken remains a compelling investment as it supplies essential components that customers cannot easily replace. MDU remains an attractive investment as electricity demand continues to rise, particularly from energy-intensive industries such as data centers locating in the central United States. During the quarter, Raymond James' shares declined by 7.0% despite adjusted earnings exceeding consensus expectations by 10%, reflecting investor focus on near-term margin pressure rather than underlying business momentum.
First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) targets smaller companies with growing dividends, but that dividend story has gotten complicated.
In the fourth quarter of 2025, the Harbor SMID Cap Core ETF returned 1.13% (NAV), underperforming its benchmark, the Russell 2500® Index. Harbor SMID Cap Core ETF sector headwinds were partially offset by improved relative performance in Information Technology as speculative names lost momentum. Raymond James shares declined by 7.0% despite adjusted earnings exceeding consensus expectations by 10%, reflecting investor focus on near-term margin pressure.
In the fourth quarter of 2025, the Harbor SMID Cap Core ETF returned 1.13% (NAV), underperforming its benchmark, Russell 2500® Index, which returned 2.22%. Health Care was the best-performing sector in the quarter, rising nearly 17% and outperforming Consumer Staples, the worst-performing sector, by over 2,300 basis points. Raymond James shares declined by 7.0% despite adjusted earnings exceeding expectations by 10%, reflecting investor focus on near-term margin pressure rather than underlying momentum.
MIDLAND, VA / ACCESS Newswire / February 3, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, was awarded and has begun production on a $1.9 million contract to manufacture SoftSound® sound absorptive noise wall panels, precast retaining wall systems and pre-stressed posts for the Elbow Road improvement project in Virginia Beach, Virginia. The Elbow Road improvements are designed to enhance traffic flow, roadway safety, and long-term corridor performance while reducing traffic noise impacts for nearby neighborhoods.
MIDLAND, VA / ACCESS Newswire / January 22, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, has been awarded a contract valued at $1.84 million to supply Freestanding J-J Hooks® precast barriers for a major Georgia Department of Transportation (GDOT) project in the Atlanta metropolitan area. Smith-Midland is working with Webber, a Ferrovial company, for the Georgia Department of Transportation (GDOT) on the project that includes pavement reconstruction, rehabilitation, and resurfacing along sections of Interstate 285 / State Route 407 in Fulton County, Georgia.
Smith-Midland (NASDAQ: SMID - Get Free Report) and Vulcan Materials (NYSE: VMC - Get Free Report) are both construction companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation. Profitability This table compares Smith-Midland and Vulcan Materials' net
During the period, Synopsys' shares traded lower by 15% as softer results in the intellectual property segment weighed on performance. Wolverine World Wide's results were supported by strong performances from Saucony, which grew by more than 40% on the back of expanded distribution and strong consumer demand. MDU Resources Group was added to the portfolio during the quarter.
MIDLAND, VA / ACCESS Newswire / December 16, 2025 / Smith-Midland Corporation (NASDAQ:SMID) announced today that production is underway on underground precast utility vaults and manholes for a new data center in Mineral, VA. The contract, valued at more than $1 million, is being produced at Smith-Midland's Virginia precast plant, with all units scheduled for delivery by the beginning of 2026.
Smith-Midland shares decline as mixed Q3 earnings show stronger product sales but weaker barrier rentals, shaping a cautious outlook for the rest of 2025.
One of Just 11% of Active ETFs to Surpass $100 Million in Year One WEST PALM BEACH, Fla. , Nov. 19, 2025 /PRNewswire/ -- The Intech S&P Mid Cap Diversified Alpha ETF (NYSE Arca: SMDX) has surpassed $100 million in assets under management, less than a year after launch.1 Together with its large-cap counterpart (LGDX), Intech's ETF lineup now exceeds $225 million in combined assets.1 According to Broadridge's 2025 Report, Active ETFs: Achieving Escape Velocity , only 11% of active ETFs raise more than $100 million in their first year, and those that do represent nearly two-thirds of all active ETF assets.
Product Sales Increased 11 Percent and Record Nine-Month Net Income MIDLAND, VA / ACCESS Newswire / November 13, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its third quarter results for the period ended September 30, 2025. Third Quarter 2025 Summary (compared to prior-year quarter) Revenue of $21.5 million compared to $23.6 million Product sales increased 11 percent to $11.9 million Gross margin of 26.8% compared to 27.9% Operating income of $3.6 million compared to $3.8 million Net income of $2.9 million, or $0.54 per diluted share, compared to $3.2 million and $0.59 "Our third quarter results reflect continued strength in our core business and progress in the initiatives to drive product sales, which increased 11 percent versus the prior year.
Company to Participate in Southwest IDEAS Conference on November 20 MIDLAND, VA / ACCESS Newswire / November 12, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced it expects to release its third quarter 2025 financial results after the market close on Thursday, November 13th. In addition, CEO Ashley Smith and CFO Dominic Hunter will present and host one-on-one investor meetings at the Southwest IDEAS Conference on Thursday, November 20th.
Entering 2025, one of the biggest market narratives investors faced was concentration risk. Despite tariffs coming and going with speed and stagflation a looming specter, concentration risk and the need for diversification continue to linger.
Overweight in Information Technology (a better performing sector) & overweight Materials (a better performing sector). Overweight Consumer Staples (a weaker performing sector) & underweight Health Care (a better performing sector). We trimmed the existing position in AWI following recent strength.
Armstrong World Industries, Inc. (AWI) shares outperformed in the quarter due to beating expectations, driven by favorable positioning in key verticals and strong operating leverage. Somnigroup International Inc. (SGI) was a top performer as it continues to gain incremental share in the bedding market, despite the weakness in the end market. Waters Corporation (WAT) underperformed on the announcement that it will acquire Becton Dickinson's Biosciences and Diagnostics divisions.