Will Installed Building Products (IBP) Benefit from the Improvement in the Residential Market?

Group 1 - Artisan Partners' "Artisan Small Cap Fund" reported strong performance in Q3 2025, with the Investor Class fund returning 8.69%, Advisor Class fund at 8.75%, and Institutional Class fund at 8.73%, while the Russell 2000 Growth Index returned 12.19% [1] - Major US indices, including Russell 1000®, Russell Midcap®, and Russell 2000®, reached record highs during the quarter, contributing to a double-digit year-to-date gain for global equities [1] Group 2 - Installed Building Products, Inc. (NYSE:IBP) was highlighted as a key stock, with a one-month return of -8.20% and a 52-week gain of 18.29%, closing at $244.76 per share with a market capitalization of $6.639 billion on November 17, 2025 [2] - Artisan Small Cap Fund expressed confidence in IBP's growth potential, citing factors such as rising new home completions, geographic expansion, and increased revenue per project through cross-selling [3] - The company was moved to the CropSM prior to its earnings announcement, indicating a belief that the worst of the residential market challenges may be behind it, with expectations for improved residential performance and new commercial market opportunities [3]