Installed Building Products (NYSE:IBP) Shares Sold Off Rep. David Taylor

Key Points

• Rep. David Taylor sold shares of Installed Building Products, Inc. (NYSE:IBP) valued between $1,001 and $15,000 on August 7th, as disclosed in his filing on September 2nd.
• Installed Building Products reported a quarterly earnings per share (EPS) of $2.95, surpassing analysts' expectations of $2.45, and achieved revenue growth of 3.1% year-over-year with total revenue of $760.30 million.
• The company announced a quarterly dividend of $0.37 per share, with an ex-dividend date set for September 15th, indicating a 0.6% dividend yield.

Representative David Taylor (R-Ohio) recently sold shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Installed Building Products stock on August 7th. 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 Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 8/14/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/7/2025.

Installed Building Products Stock Up 1.4%

NYSE IBP traded up $3.78 during midday trading on Friday, hitting $273.68. 254,782 shares of the company traded hands, compared to its average volume of 543,138. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.85 and a quick ratio of 2.31. The company has a market cap of $7.48 billion, a PE ratio of 30.44 and a beta of 1.76. The company's 50-day simple moving average is $228.30 and its 200-day simple moving average is $188.76. Installed Building Products, Inc. has a 52 week low of $150.83 and a 52 week high of $279.95.

Installed Building Products (NYSE:IBP - Get Free Report) last announced its earnings results on Thursday, August 7th. The construction company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.50. The business had revenue of $760.30 million for the quarter, compared to analysts' expectations of $711.37 million. Installed Building Products had a return on equity of 60.27% and a net margin of 8.45%.The business's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.84 EPS. As a group, equities research analysts forecast that Installed Building Products, Inc. will post 10.66 earnings per share for the current year.

Installed Building Products Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, September 15th. Installed Building Products's dividend payout ratio (DPR) is 16.46%.

Wall Street Analyst Weigh In

IBP has been the subject of a number of recent analyst reports. Zelman & Associates raised Installed Building Products from an "underperform" rating to a "neutral" rating in a research report on Friday, August 8th. Jefferies Financial Group raised their price objective on Installed Building Products from $175.00 to $225.00 and gave the stock a "hold" rating in a research report on Tuesday, August 12th. Zacks Research raised Installed Building Products from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 14th. Danske cut Installed Building Products from a "buy" rating to a "hold" rating and set a $252.00 price objective for the company. in a research report on Tuesday, August 12th. Finally, Royal Bank Of Canada reissued an "underperform" rating and issued a $184.00 price objective (up previously from $145.00) on shares of Installed Building Products in a research report on Thursday, August 7th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Installed Building Products presently has an average rating of "Hold" and an average target price of $217.36.

Hedge Funds Weigh In On Installed Building Products

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Curio Wealth LLC raised its stake in shares of Installed Building Products by 16,800.0% during the 2nd quarter. Curio Wealth LLC now owns 169 shares of the construction company's stock valued at $30,000 after buying an additional 168 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Installed Building Products by 142.1% during the 1st quarter. UMB Bank n.a. now owns 184 shares of the construction company's stock valued at $32,000 after buying an additional 108 shares during the last quarter. SRH Advisors LLC raised its stake in shares of Installed Building Products by 70.8% during the 2nd quarter. SRH Advisors LLC now owns 205 shares of the construction company's stock valued at $37,000 after buying an additional 85 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of Installed Building Products by 74.6% during the 1st quarter. Fifth Third Bancorp now owns 227 shares of the construction company's stock valued at $39,000 after buying an additional 97 shares during the last quarter. Finally, McIlrath & Eck LLC raised its stake in shares of Installed Building Products by 32.3% during the 4th quarter. McIlrath & Eck LLC now owns 250 shares of the construction company's stock valued at $44,000 after buying an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 99.61% of the company's stock.

Insider Buying and Selling

In related news, insider William Jeffrey Hire sold 6,500 shares of Installed Building Products stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $265.71, for a total value of $1,727,115.00. Following the completion of the transaction, the insider owned 37,999 shares in the company, valued at $10,096,714.29. The trade was a 14.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Janet E. Jackson sold 1,469 shares of the company's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $266.00, for a total value of $390,754.00. Following the completion of the transaction, the director directly owned 6,873 shares of the company's stock, valued at $1,828,218. The trade was a 17.61% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,655 shares of company stock worth $3,123,578. Corporate insiders own 16.20% 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.

Installed Building Products Company Profile

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.