Representative David Taylor (Republican-Ohio) recently bought shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Installed Building Products stock on March 12th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
- Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
Installed Building Products Price Performance
Shares of IBP opened at $267.42 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.44 and a current ratio of 3.03. The firm has a market cap of $7.21 billion, a PE ratio of 27.48, a PEG ratio of 3.64 and a beta of 1.90. The firm’s 50 day moving average price is $307.67 and its 200 day moving average price is $277.24. Installed Building Products, Inc. has a twelve month low of $150.83 and a twelve month high of $349.00.
Installed Building Products Dividend Announcement
The firm also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $1.80 per share. This represents a yield of 63.0%. The ex-dividend date of this dividend is Friday, March 13th. Installed Building Products’s dividend payout ratio (DPR) is presently 16.03%.
Insider Buying and Selling at Installed Building Products
In other Installed Building Products news, CEO Jeffrey W. Edwards sold 400,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $314.06, for a total transaction of $125,624,000.00. Following the transaction, the chief executive officer owned 1,727,819 shares of the company’s stock, valued at approximately $542,638,835.14. This represents a 18.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet E. Jackson sold 1,410 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $293.31, for a total value of $413,567.10. Following the transaction, the director directly owned 5,373 shares in the company, valued at $1,575,954.63. This trade represents a 20.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.20% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Installed Building Products
A number of institutional investors have recently added to or reduced their stakes in the stock. MGO One Seven LLC boosted its stake in Installed Building Products by 3.1% in the 4th quarter. MGO One Seven LLC now owns 1,133 shares of the construction company’s stock valued at $294,000 after buying an additional 34 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its position in Installed Building Products by 2.6% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 1,396 shares of the construction company’s stock valued at $362,000 after buying an additional 35 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Installed Building Products by 2.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 1,819 shares of the construction company’s stock valued at $472,000 after purchasing an additional 35 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in shares of Installed Building Products by 1.1% during the fourth quarter. Maryland State Retirement & Pension System now owns 3,315 shares of the construction company’s stock worth $860,000 after purchasing an additional 35 shares during the last quarter. Finally, Verdence Capital Advisors LLC increased its position in Installed Building Products by 3.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 1,265 shares of the construction company’s stock valued at $343,000 after acquiring an additional 43 shares in the last quarter. 99.61% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $245.00 price objective on shares of Installed Building Products in a report on Tuesday, January 13th. Wells Fargo & Company cut their target price on Installed Building Products from $355.00 to $340.00 and set an “equal weight” rating on the stock in a report on Friday, February 27th. DA Davidson boosted their price target on Installed Building Products from $252.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 18th. Weiss Ratings downgraded Installed Building Products from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Finally, Wall Street Zen upgraded Installed Building Products from a “hold” rating to a “buy” rating in a report on Saturday. Eleven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $257.73.
Check Out Our Latest Research Report on IBP
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
Installed Building Products Company Profile
Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.
Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.
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