Kirby Corporation (KEX) Fell Due to Softened Inland Barge Utilization

2 weeks ago 7

Soumya Eswaran

Wed, December 3, 2025 astatine 6:37 AM CST 2 min read

Scout Investments, Inc., an affiliate of Carillon Tower Advisers, precocious released its third-quarter 2025 capitalist missive for “Carillon Scout Mid Cap Fund”. A transcript of the missive tin beryllium downloaded here. The Russell Midcap Index posted affirmative returns successful the quarter, fueled by beardown firm earnings, the continued momentum successful artificial quality (AI) infrastructure, and the anticipation of the U.S. Federal Reserve’s (Fed) involvement rates. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Carillon Scout Mid Cap Fund highlighted stocks specified arsenic Kirby Corporation (NYSE:KEX). Kirby Corporation (NYSE:KEX) is simply a US-based home vessel barge operator. The one-month instrumentality of Kirby Corporation (NYSE:KEX) was 6.77%, and its shares mislaid 6.26% of their worth implicit the past 52 weeks. On December 02, 2025, Kirby Corporation (NYSE:KEX) banal closed astatine $113.44 per share, with a marketplace capitalization of $6.33 billion.

Carillon Scout Mid Cap Fund stated the pursuing regarding Kirby Corporation (NYSE:KEX) successful its 3rd 4th 2025 capitalist letter:

"Kirby Corporation (NYSE:KEX) operates successful 2 main segments: marine proscription (primarily via inland and coastal vessel barges moving petrochemicals, refined products, and cultivation liquids) and the organisation and services conception (which services oilfield instrumentality and diesel engines for marine, powerfulness and railroad customers). Its banal underperformed due to the fact that inland barge utilization softened; request for transported volumes has weakened; and investors person grown cautious astir cyclical pressures successful energy, chemical, and concern markets. We judge its largest chemic customers could stay economically challenged, which pressures inland barge pricing for Kirby."

Is Kirby Corporation (KEX) the Best Marine Shipping Stock to Invest successful Now?

Kirby Corporation (NYSE:KEX) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge money portfolios held Kirby Corporation (NYSE:KEX) astatine the extremity of the 3rd quarter, which was 40 successful the erstwhile quarter. While we admit the imaginable of Kirby Corporation (NYSE:KEX) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.