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):
- Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) 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 Home Depot (NYSE:HD) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) 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 Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 2/26/2026.
Installed Building Products Price Performance
NYSE:IBP opened at $267.59 on Wednesday. Installed Building Products, Inc. has a 12-month low of $150.83 and a 12-month high of $349.00. The firm has a market capitalization of $7.22 billion, a price-to-earnings ratio of 27.50, a P/E/G ratio of 3.76 and a beta of 1.90. The stock’s 50 day moving average price is $306.80 and its two-hundred day moving average price is $277.20. The company has a quick ratio of 2.44, a current ratio of 3.03 and a debt-to-equity ratio of 1.20.
Installed Building Products Announces Dividend
The firm also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $1.80 dividend. The ex-dividend date is Friday, March 13th. This represents a yield of 63.0%. Installed Building Products’s dividend payout ratio is currently 16.03%.
Insider Buying and Selling at Installed Building Products
In other Installed Building Products news, Director Janet E. Jackson sold 1,410 shares of Installed Building Products stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $293.31, for a total transaction of $413,567.10. Following the transaction, the director directly owned 5,373 shares of the company’s stock, valued at approximately $1,575,954.63. The trade was a 20.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey W. Edwards sold 400,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $314.06, for a total value of $125,624,000.00. Following the completion of the sale, the chief executive officer owned 1,727,819 shares in the company, valued at $542,638,835.14. This trade represents a 18.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.20% of the stock is owned by company insiders.
Institutional Trading of Installed Building Products
A number of institutional investors have recently bought and sold shares of the business. MGO One Seven LLC increased its position 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 acquiring an additional 34 shares during the period. Legacy Wealth Asset Management LLC raised its stake in shares of Installed Building Products by 2.6% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 1,396 shares of the construction company’s stock valued at $362,000 after acquiring an additional 35 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Installed Building Products by 2.0% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 1,819 shares of the construction company’s stock worth $472,000 after purchasing an additional 35 shares during the period. Maryland State Retirement & Pension System grew its stake in shares of Installed Building Products by 1.1% in 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 holdings in Installed Building Products by 3.5% in the third quarter. Verdence Capital Advisors LLC now owns 1,265 shares of the construction company’s stock valued at $343,000 after purchasing an additional 43 shares during the period. Institutional investors own 99.61% of the company’s stock.
Analysts Set New Price Targets
IBP has been the topic of several research reports. 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. Benchmark cut shares of Installed Building Products from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Zacks Research lowered shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Jefferies Financial Group increased their price target on shares of Installed Building Products from $230.00 to $259.00 and gave the company a “hold” rating in a report on Monday, December 15th. Finally, Weiss Ratings downgraded shares of Installed Building Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Eleven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $257.73.
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.
Further Reading
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