Installed Building Products (NYSE:IBP) Shares Bought by Rep. David Taylor

Key Points

• Rep. David Taylor disclosed purchasing $1,001–$15,000 of Installed Building Products shares on November 3 through a trust brokerage account.
• IBP’s latest quarter showed mixed results: revenue rose 3.9% year over year to $808.4 million, above estimates, while EPS of $2.76 missed the $2.83 consensus.
• Analysts have a consensus Hold rating and an average price target of $235.21; the company also announced a quarterly dividend of $0.39 per share.

Representative David Taylor (Republican-Ohio) recently bought shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Installed Building Products stock on November 3rd. 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 Home Depot NYSE: HD on 11/5/2026.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 11/5/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Kroger NYSE: KR on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 11/3/2026.

Installed Building Products Trading Up 1.9%

Shares of IBP opened at $228.02 on Friday. The company's fifty day moving average is $202.62 and its 200 day moving average is $243.39. Installed Building Products, Inc. has a fifty-two week low of $176.15 and a fifty-two week high of $349.00. The stock has a market capitalization of $6.06 billion, a PE ratio of 22.20, a P/E/G ratio of 11.11 and a beta of 1.65. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.54 and a current ratio of 3.12.

Installed Building Products (NYSE:IBP - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The construction company reported $2.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.83 by ($0.07). Installed Building Products had a net margin of 7.87% and a return on equity of 39.86%. The company had revenue of $808.40 million during the quarter, compared to the consensus estimate of $787.70 million. During the same period in the previous year, the business earned $3.18 earnings per share. Installed Building Products's revenue for the quarter was up 3.9% on a year-over-year basis. Sell-side analysts expect that Installed Building Products, Inc. will post 9.54 earnings per share for the current fiscal year.

Installed Building Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.56 dividend on an annualized basis and a yield of 0.7%. Installed Building Products's payout ratio is presently 17.75%.

Installed Building Products News Summary

These are some of the IBP news items that stood out recently:

• Positive Sentiment: The Old Dominion acquisition broadens IBP’s commercial and industrial presence, adding a potential growth avenue beyond its existing business. Article: Installed Building Products acquisition expands commercial installation platform
• Neutral Sentiment: Coverage highlights a debate over whether the $698 million deal creates enough value to warrant its cost. The acquisition may strengthen IBP’s growth profile, but the payoff remains a key question for investors. Article: Does Installed Building Products Have More Value After Its Deal?
• Negative Sentiment: Zacks Research downgraded IBP from Hold to Strong Sell, underscoring that analyst opinion is divided and adding a bearish counterpoint to the deal-driven optimism. Article: Zacks Research rating change

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IBP. Meeder Asset Management Inc. acquired a new stake in Installed Building Products in the first quarter valued at approximately $30,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Installed Building Products during the second quarter worth $31,000. Covestor Ltd increased its position in Installed Building Products by 47.6% during the 3rd quarter. Covestor Ltd now owns 186 shares of the construction company's stock worth $36,000 after purchasing an additional 60 shares during the period. USA Financial Formulas acquired a new stake in shares of Installed Building Products during the 3rd quarter valued at approximately $37,000. Finally, Parallel Advisors LLC grew its holdings in Installed Building Products by 446.7% during the 1st quarter. Parallel Advisors LLC now owns 164 shares of the construction company's stock valued at $44,000 after buying an additional 134 shares during the last quarter. Institutional investors and hedge funds own 99.61% of the company's stock.

Insider Activity

In other news, Director Janet Jackson sold 1,086 shares of the company's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $237.06, for a total transaction of $257,447.16. Following the completion of the sale, the director directly owned 5,142 shares in the company, valued at $1,218,962.52. This represents a 17.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 13.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on IBP shares. Weiss Ratings restated a "hold (c)" rating on shares of Installed Building Products in a report on Tuesday, August 18th. The Goldman Sachs Group reissued a "buy" rating and set a $261.00 price objective on shares of Installed Building Products in a report on Friday, November 6th. Evercore set a $222.00 price objective on shares of Installed Building Products in a research note on Friday, September 25th. Melius Research began coverage on Installed Building Products in a report on Tuesday, October 6th. They issued a "hold" rating and a $217.00 price target on the stock. Finally, Stifel Nicolaus downgraded shares of Installed Building Products from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $220.00 to $225.00 in a research report on Monday. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $235.21.

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. is a U.S. building-products installation company headquartered in Columbus, Ohio. Founded in 1977, the company serves residential builders, commercial contractors, and homeowners through a network of local operating businesses across the United States. The company's core business is installing insulation in new construction and existing buildings. Its offerings include fiberglass, cellulose, and spray-foam insulation, along with related weatherization services. Installed Building Products also installs complementary products such as garage doors, rain gutters, shower doors, and closet shelving.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.