Rep. David Taylor Buys Installed Building Products, Inc. (NYSE:IBP) Shares

Key Points

• Rep. David Taylor purchased between $1,001 and $15,000 of Installed Building Products shares on September 8 in a joint brokerage account. He also previously bought IBP shares on August 14.
• IBP reported quarterly EPS of $2.91, beating estimates of $2.55, while revenue rose 2.3% year over year to $777.8 million. The company declared a quarterly dividend of $0.39 per share, yielding approximately 0.8% annually.
• Analyst sentiment remains broadly neutral, with a consensus “Hold” rating and an average price target of $247.55 versus the stock’s reported price of $197.51. Institutional investors and hedge funds own 99.61% of the company.

Representative David Taylor (Republican-Ohio) recently bought shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Installed Building Products stock on September 8th. 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):

• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 9/8/2026.
• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Vertex Pharmaceuticals NASDAQ: VRTX on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/14/2026.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 8/11/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/11/2026.

Installed Building Products Trading Down 0.8%

Shares of IBP stock opened at $197.51 on Friday. The firm has a market capitalization of $5.25 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 3.71 and a beta of 1.71. Installed Building Products, Inc. has a 1 year low of $193.11 and a 1 year high of $349.00. The firm's fifty day simple moving average is $230.74 and its 200 day simple moving average is $243.24. The company has a current ratio of 2.98, a quick ratio of 2.41 and a debt-to-equity ratio of 1.62.

Installed Building Products (NYSE:IBP - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The construction company reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.36. Installed Building Products had a return on equity of 42.12% and a net margin of 8.46%.The firm had revenue of $777.80 million for the quarter, compared to analyst estimates of $743.33 million. During the same period in the previous year, the company posted $2.95 earnings per share. The company's quarterly revenue was up 2.3% compared to the same quarter last year. As a group, sell-side analysts predict that Installed Building Products, Inc. will post 9.89 EPS for the current year.

Installed Building Products Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.56 dividend on an annualized basis and a yield of 0.8%. Installed Building Products's dividend payout ratio (DPR) is 16.79%.

Analysts Set New Price Targets

IBP has been the topic of a number of research reports. Weiss Ratings restated a "hold (c)" rating on shares of Installed Building Products in a research report on Tuesday, August 18th. Stifel Nicolaus assumed coverage on Installed Building Products in a research report on Monday. They issued a "buy" rating and a $240.00 target price for the company. Wall Street Zen upgraded shares of Installed Building Products from a "hold" rating to a "buy" rating in a research note on Saturday. Evercore set a $246.00 price target on shares of Installed Building Products in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Installed Building Products from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $247.55.

Hedge Funds Weigh In On Installed Building Products

A number of hedge funds have recently modified their holdings of IBP. Northwestern Mutual Wealth Management Co. grew its position in Installed Building Products by 36,067.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 54,974 shares of the construction company's stock worth $14,260,000 after acquiring an additional 54,822 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in Installed Building Products by 3.9% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 133,953 shares of the construction company's stock valued at $35,518,000 after purchasing an additional 5,042 shares in the last quarter. Bank of America Corp DE raised its position in Installed Building Products by 51.8% in the 1st quarter. Bank of America Corp DE now owns 298,729 shares of the construction company's stock valued at $79,208,000 after purchasing an additional 101,967 shares during the last quarter. Deutsche Bank AG bought a new position in Installed Building Products in the 2nd quarter valued at $19,341,000. Finally, Norges Bank acquired a new position in Installed Building Products in the fourth quarter worth $32,359,000. 99.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Installed Building Products

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

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 Columbus, Ohio-based installer of insulation and complementary building products. The company serves residential, commercial and industrial construction markets, with a primary focus on installation services rather than manufacturing.

Its offerings include fiberglass, cellulose and spray foam insulation, as well as related products and services such as fireproofing, garage doors, rain gutters, closet shelving, shower doors and mirrors. Installed Building Products works with builders, contractors and homeowners on new construction, repair and remodeling projects.

Founded in 1977, the company has expanded through a network of local operations serving markets throughout the United States.

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