Strong Organic Sales Lifted nVent Electric (NVT)

Artisan Partners, an investment management company, released its “Artisan Mid Cap Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the quarter, the fund’s Investor Class fund ARTQX returned 0.97%, Advisor Class fund APDQX posted a return of 0.98%, and Institutional Class fund APHQX returned 0.97%, compared to a 6.18% return for the Russell Midcap Value Index. Equity markets continued their rally in the third quarter as investors overlooked tariff concerns, driven by strong corporate earnings, rising AI capital expenditures, and hopes for economic support from US fiscal policy and lower interest rates. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Artisan Mid Cap Value Fund highlighted stocks such as NVent Electric plc (NYSE:NVT). NVent Electric plc (NYSE:NVT) provides solutions for electrical connection and protection products. The one-month return of NVent Electric plc (NYSE:NVT) was -0.27%, and its shares gained 49.75% of their value over the last 52 weeks. On January 02, 2026, NVent Electric plc (NYSE:NVT) stock closed at $106.82 per share, with a market capitalization of $17.24 billion.

Artisan Mid Cap Value Fund stated the following regarding NVent Electric plc (NYSE:NVT) in its third quarter 2025 investor letter:

“Our top contributors included NVent Electric plc (NYSE:NVT), Polaris and ICON. nVent Electric is a provider of electrical connections and protection solutions. Shares were up strongly after the company reported strong organic sales growth driven by momentum in its data center and power utilities businesses. nVent has a leading position in liquid cooling solutions, a small piece of its overall revenue mix, which have experienced strong demand as hyperscalers invest huge sums to build out artificial intelligence (AI) infrastructure. Liquid cooling is used in data centers to manage the heat generated by high performance computing, including AI. As AI usage grows, these solutions are increasingly important for energy efficiency, sustainability and cost management. Prior to the April selloff, nVent’s stock fell in sympathy with other AI beneficiaries after the emergence of the Chinese DeepSeek AI model temporarily spooked markets. We added to our position at that time as there was little evidence of a change in the company’s fundamental underpinnings. Rapid growth in the business over the past few years has been supported by multiple secular tailwinds—electrification, clean energy, energy efficiency, digitalization and onshoring, to name a few—in addition to AI. The company has also executed well, allocating capital wisely by deploying free cash flow into product development, accretive M&A and return of capital via dividends and share repurchases.”

Is Nvent Electric plc (NVT) the Best Electrical Equipment Stock to Buy Now?

NVent Electric plc (NYSE:NVT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 61 hedge fund portfolios held NVent Electric plc (NYSE:NVT) at the end of the third quarter, up from 55 in the previous quarter. While we acknowledge the risk and potential of NVent Electric plc (NYSE:NVT) 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. If you are looking for an AI stock that is more promising than NVent Electric plc (NYSE:NVT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered NVent Electric plc (NYSE:NVT) and shared the list of data center cooling companies to invest in. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.