Conestoga Capital Advisors Adds Forgent Power Solutions to Portfolio

Conestoga Capital Advisors added Forgent Power Solutions, Inc. to its SMid Cap composite, as detailed in its second-quarter 2026 investor letter. The asset management firm identified the company's expanding margins, record backlog, and accelerating market share gains as the primary drivers for the investment.

Conestoga highlighted Forgent Power Solutions' role in manufacturing electrical distribution equipment for utilities, industrial facilities, and data centers, which provides exposure to long-term electrification and AI-driven infrastructure investment. As of August 5, 2026, Forgent Power Solutions had a market capitalization of $11.72 billion and a share price of $38.49, although the stock had seen a one-month return of -15.28%.