16 names are moving together; 75% are participating in the current session.
Observed member paths adjusted against SPY. Shading marks the latest observation window.
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| LECO | Lincoln Electric Holdings, Inc. | Industrials | -3.0% | 1/4 observed active sessions |
| FELE | Franklin Electric Co., Inc. | Industrials | -1.9% | Group member |
| LII | Lennox International, Inc. | Industrials | -2.8% | 3/4 observed active sessions |
| DCI | Donaldson Company, Inc. | Industrials | +0.2% | Group member |
| OSK | Oshkosh Corporation (Holding Co | Industrials | +0.0% | 1/4 observed active sessions |
| CNM | Core & Main, Inc. | Industrials | +2.7% | Group member |
| NDSN | Nordson Corporation | Industrials | +0.1% | 3/4 observed active sessions |
| AZZ | AZZ Inc. | Industrials | +2.9% | 1/4 observed active sessions |
| AGCO | AGCO Corporation | Industrials | -7.4% | 1/4 observed active sessions |
| WAB | Westinghouse Air Brake Technolo | Industrials | +0.2% | Group member |
| MSA | MSA Safety Incorporated | Industrials | -1.1% | 1/4 observed active sessions |
| URI | United Rentals, Inc. | Industrials | +1.2% | Group member |
| DE | Deere & Company | Industrials | -1.9% | Group member |
| CSW | CSW Industrials, Inc. | Industrials | +15.3% | 2/4 observed active sessions |
| FERG | Ferguson Enterprises Inc. | Industrials | +0.1% | 1/4 observed active sessions |
| TXT | Textron Inc. | Industrials | +1.7% | Group member |
Cohort
16 namesParticipation
75% this sessionObserved history
6 daily buildsFiling coverage
16/16 membersdemand / volume affecting revenue
“Long-term economic uncertainty in some of the regions of the world in which we operate, such as Asia Pacific, Latin America, the Middle East and Europe, could result in declines in revenue, profitability and cash flow due to reduced orders, payment delays, supply chain disruptions or other factors caused by the economic challenges faced by our customers, suppliers, and other business partners.”
MSA 10-K
credit / rates affecting interest expense
“Total other expense, net, for the year ended December 31, 2025, was $5.4 million, a decrease of $8.8 million compared to $14.2 million for the year ended December 31, 2024, driven primarily by decreased interest expense related to lower interest rates as well as increased pension income driven by a higher expected rate of return.”
MSA 10-K
restructuring affecting expense
“The decrease in operating results was primarily driven by increased SG&A expenses and currency exchange losses, partially offset by higher sales and lower restructuring charges as discussed further above.”
MSA 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
TXTcustomer · Current intraday read unavailable
Filing receipt · ISSC / TXT
“tember 30, 2023, the three largest customers, Pilatus, ATSG and Textron accounted for 23%, 12% and 10% of total revenue, respectively.”
TXT · customer
FERGcustomer · Not moving with the group now
Filing receipt · WMS / FERG
“Ferguson Enterprises (“Ferguson”) accounted for 13.1% and Core & Main, Inc.”
FERG · customer
LIIsupplier · Not moving with the group now
Filing receipt · AWI / LII
“The Allied Air Enterprise business and brands (“Armstrong Air,” “AirEase,” “Concord,” “Ducane,” “Allied,” and “MagicPak”) include a full line of heating, ventilation and…”
LII · supplier
LIIcustomer · Not moving with the group now
Filing receipt · CARR / LII
“Home Comfort Solutions • Heating & Cooling Products - Carrier Global Corporation (Carrier, Bryant, Payne, Tempstar, Comfortmaker, Heil, Arcoaire, KeepRite, Day & Night);…”
LII · customer
DEtext peer · Not moving with the group now
No filing excerpt is available for this relationship.