Representative David Taylor (Republican-Ohio) recently bought shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on April 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Installed Building Products stock on March 24th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 3/24/2026.
- 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 Installed Building Products (NYSE:IBP) 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.
Installed Building Products Stock Down 0.1%
Shares of IBP opened at $268.48 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.44 and a current ratio of 3.03. Installed Building Products, Inc. has a 52 week low of $150.83 and a 52 week high of $349.00. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 3.72 and a beta of 1.97. The stock has a fifty day moving average of $300.47 and a 200-day moving average of $276.95.
Installed Building Products Dividend Announcement
The company also recently declared a special dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a $1.80 dividend. This represents a dividend yield of 63.0%. The ex-dividend date was Friday, March 13th. Installed Building Products’s dividend payout ratio is presently 16.03%.
Institutional Trading of Installed Building Products
A number of institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its position in shares of Installed Building Products by 26.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,551,161 shares of the construction company’s stock worth $402,356,000 after acquiring an additional 328,725 shares in the last quarter. Eminence Capital LP boosted its position in shares of Installed Building Products by 48.5% during the 2nd quarter. Eminence Capital LP now owns 945,101 shares of the construction company’s stock valued at $170,421,000 after purchasing an additional 308,717 shares in the last quarter. Giverny Capital Inc. grew its stake in Installed Building Products by 0.9% during the fourth quarter. Giverny Capital Inc. now owns 519,236 shares of the construction company’s stock worth $134,685,000 after purchasing an additional 4,500 shares during the period. Bamco Inc. NY increased its holdings in Installed Building Products by 8.5% in the second quarter. Bamco Inc. NY now owns 481,039 shares of the construction company’s stock worth $86,741,000 after purchasing an additional 37,595 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in Installed Building Products by 0.3% in the fourth quarter. First Trust Advisors LP now owns 400,748 shares of the construction company’s stock worth $103,950,000 after purchasing an additional 1,238 shares in the last quarter. Institutional investors own 99.61% of the company’s stock.
Insider Activity at Installed Building Products
In other Installed Building Products news, CEO Jeffrey W. Edwards sold 400,000 shares of the stock in a transaction that occurred 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 directly owned 1,727,819 shares in the company, 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 is accessible through this link. Also, Director Janet E. Jackson sold 1,410 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $293.31, for a total transaction of $413,567.10. Following the sale, the director directly owned 5,373 shares of the company’s stock, valued at approximately $1,575,954.63. This trade represents a 20.79% decrease in their position. The SEC filing for this sale provides additional information. 16.20% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
IBP has been the topic of several research reports. Vertical Research upgraded Installed Building Products from a “sell” rating to a “hold” rating and set a $326.00 price target on the stock in a report on Friday, February 27th. Wall Street Zen lowered shares of Installed Building Products from a “buy” rating to a “hold” rating in a report on Sunday, March 29th. Zacks Research downgraded shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Royal Bank Of Canada boosted their target price on shares of Installed Building Products from $203.00 to $255.00 and gave the stock an “underperform” rating in a report on Friday, February 27th. Finally, Benchmark downgraded shares of Installed Building Products from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Ten research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $265.20.
Read Our Latest Stock Report on Installed Building Products
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.
About Installed Building Products
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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