Representative David Taylor (Republican-Ohio) recently bought shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on July 01st, the Representative disclosed that they had bought between $1,001 and $15,000 in Installed Building Products stock on June 15th. 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 Chevron (NYSE:CVX) on 6/15/2026.
- Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
- Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 6/5/2026.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
Installed Building Products Price Performance
IBP opened at $228.13 on Friday. Installed Building Products, Inc. has a one year low of $182.88 and a one year high of $349.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.35 and a quick ratio of 2.76. The company’s 50 day simple moving average is $227.71 and its 200-day simple moving average is $269.49. The stock has a market capitalization of $6.15 billion, a P/E ratio of 24.32, a price-to-earnings-growth ratio of 5.56 and a beta of 1.69.
Installed Building Products Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 15th. Installed Building Products’s dividend payout ratio is presently 16.63%.
Insider Transactions at Installed Building Products
In other news, Director Lawrence A. Hilsheimer purchased 475 shares of the company’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $206.22 per share, with a total value of $97,954.50. Following the purchase, the director directly owned 28,468 shares of the company’s stock, valued at $5,870,670.96. This trade represents a 1.70% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Brad A. Wheeler acquired 716 shares of Installed Building Products stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of $209.13 per share, with a total value of $149,737.08. Following the completion of the transaction, the chief operating officer directly owned 14,988 shares of the company’s stock, valued at $3,134,440.44. This trade represents a 5.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 5,036 shares of company stock worth $1,042,807 in the last 90 days. Company insiders own 13.80% of the company’s stock.
Institutional Trading of Installed Building Products
A number of hedge funds have recently modified their holdings of the company. Danske Bank A S acquired a new position in Installed Building Products in the third quarter valued at about $25,000. NewEdge Advisors LLC grew its position in shares of Installed Building Products by 5,000.0% in the 3rd quarter. NewEdge Advisors LLC now owns 102 shares of the construction company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Meeder Asset Management Inc. bought a new stake in Installed Building Products during the 1st quarter worth approximately $30,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Installed Building Products during the third quarter worth $33,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Installed Building Products by 700.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 152 shares of the construction company’s stock worth $37,000 after acquiring an additional 133 shares during the period. 99.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on IBP. The Goldman Sachs Group dropped their target price on Installed Building Products from $331.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on Installed Building Products from $284.00 to $195.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Wells Fargo & Company dropped their price objective on Installed Building Products from $285.00 to $250.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Zacks Research downgraded shares of Installed Building Products from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. Finally, Evercore set a $226.00 price target on shares of Installed Building Products in a research report on Friday, May 8th. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $247.67.
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 (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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