In its first-quarter 2026 investor letter, Mairs & Power Balanced Fund highlighted stocks like UnitedHealth Group Incorporated (NYSE:UNH).
UnitedHealth Group Incorporated (NYSE:UNH) is a healthcare services company offering insurance benefits and healthcare delivery solutions through its diversified operations
The one-month return of UnitedHealth Group Incorporated (NYSE:UNH) was 3.30% while its shares traded between $234.60 and $404.15 over the last 52 weeks. On June 1, 2026, UnitedHealth Group Incorporated (NYSE:UNH) stock closed at approximately $379.86 per share, with a market capitalization of about $344.97 billion. Mairs & Power Balanced Fund stated the following regarding UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2026 investor letter: “UnitedHealth Group (NYSE:UNH), which has had a series of missteps over the past year, received further pressure as the Center for Medicare & Medicaid Services released a flat increase for 2027 versus the roughly 5% level for 2026.
UnitedHealth management noted a need to cut benefits to offset this reimbursement shock, but the anticipation is that this will result in volume loss and thus lower profitability.” UnitedHealth Group Incorporated (NYSE:UNH) is in 14th position on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 130 hedge fund portfolios held UnitedHealth Group Incorporated (NYSE:UNH) at the end of the first quarter, compared to 145 in the previous quarter. While we acknowledge the risk and potential of UnitedHealth Group Incorporated (NYSE:UNH) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame.