Mirabella Financial Services LLP Boosts Holdings in Installed Building Products, Inc. $IBP

Key Points

• Mirabella Financial Services increased its stake in Installed Building Products by 180.3% in Q3, owning 7,488 shares after buying an additional 4,817 shares, a holding valued at about $1.84 million.
• Q4 results beat expectations: IBP reported EPS of $3.24 vs. $2.83 consensus and revenue of $747.5M (vs. $739.0M), with a net margin of 8.93% and ROE of 43.71%, though revenue was down 0.4% year‑over‑year.
• Insider activity and payout: CEO Jeffrey W. Edwards sold 400,000 shares for roughly $125.6M (an 18.8% reduction in his position), and the company announced a special $1.80 dividend payable March 31 (record March 13), cited as a 63.0% yield.

Mirabella Financial Services LLP boosted its stake in shares of Installed Building Products, Inc. (NYSE:IBP - Free Report) by 180.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,488 shares of the construction company's stock after purchasing an additional 4,817 shares during the period. Mirabella Financial Services LLP's holdings in Installed Building Products were worth $1,844,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IBP. Danske Bank A S purchased a new stake in shares of Installed Building Products in the third quarter worth about $25,000. NewEdge Advisors LLC raised its position in Installed Building Products by 5,000.0% during the third quarter. NewEdge Advisors LLC now owns 102 shares of the construction company's stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Installed Building Products during the third quarter valued at approximately $33,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Installed Building Products by 700.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 152 shares of the construction company's stock valued at $37,000 after acquiring an additional 133 shares during the period. Finally, Salomon & Ludwin LLC acquired a new position in Installed Building Products in the third quarter valued at approximately $42,000. Hedge funds and other institutional investors own 99.61% of the company's stock.

Installed Building Products Stock Performance

NYSE:IBP opened at $272.33 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. The company has a fifty day moving average of $309.13 and a two-hundred day moving average of $277.07. The stock has a market capitalization of $7.35 billion, a PE ratio of 27.99, a P/E/G ratio of 3.90 and a beta of 1.90. Installed Building Products, Inc. has a fifty-two week low of $150.83 and a fifty-two week high of $349.00.

Installed Building Products (NYSE:IBP - Get Free Report) last announced its earnings results on Thursday, February 26th. The construction company reported $3.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.41. The business had revenue of $747.50 million for the quarter, compared to analyst estimates of $738.97 million. Installed Building Products had a net margin of 8.93% and a return on equity of 43.71%. The company's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business earned $2.88 earnings per share. As a group, research analysts forecast that Installed Building Products, Inc. will post 10.66 earnings per share for the current fiscal year.

Installed Building Products Dividend Announcement

The company also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $1.80 dividend. This represents a yield of 63.0%. The ex-dividend date is Friday, March 13th. Installed Building Products's payout ratio is presently 16.03%.

Analyst Upgrades and Downgrades

IBP has been the topic of a number of analyst reports. Benchmark cut shares of Installed Building Products from a "buy" rating to a "hold" rating in a research note on Wednesday, February 11th. Weiss Ratings upgraded shares of Installed Building Products from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, February 9th. Wells Fargo & Company lowered their price target on shares of 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. Royal Bank Of Canada raised their price target on shares of Installed Building Products from $203.00 to $255.00 and gave the company an "underperform" rating in a research report on Friday, February 27th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $245.00 price objective on shares of Installed Building Products in a research report on Tuesday, January 13th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus price target of $257.73.

Insider Activity

In other Installed Building Products news, CEO Jeffrey W. Edwards sold 400,000 shares of the business's 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 completion of the sale, the chief executive officer directly owned 1,727,819 shares in the company, valued at approximately $542,638,835.14. The trade was a 18.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Janet E. Jackson sold 1,410 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $1,575,954.63. The trade was a 20.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 16.20% of the company's stock.

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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