Rep. David Taylor Acquires Installed Building Products, Inc. (NYSE:IBP) Stock

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 Stock Down 0.8%

Shares of NYSE:IBP opened at $197.51 on Friday. The firm has a 50 day simple moving average of $230.74 and a 200 day simple moving average of $243.24. Installed Building Products, Inc. has a 52 week low of $193.11 and a 52 week high of $349.00. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.41 and a current ratio of 2.98. The company has a market cap of $5.25 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 3.68 and a beta of 1.71.

Installed Building Products (NYSE:IBP) last announced its quarterly earnings data on Thursday, August 6th. The construction company reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.36. The firm had revenue of $777.80 million during the quarter, compared to the consensus estimate of $743.33 million. Installed Building Products had a return on equity of 42.12% and a net margin of 8.46%.The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.95 EPS. As a group, research analysts expect that Installed Building Products, Inc. will post 9.89 earnings per share for the current year.

Installed Building Products Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, September 15th. Installed Building Products’s dividend payout ratio is 16.79%.

Institutional Trading of Installed Building Products

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Installed Building Products during the 2nd quarter worth $1,055,034,000. Bank of America Corp DE acquired a new stake in shares of Installed Building Products in the second quarter valued at about $62,418,000. Bamco Inc. NY bought a new position in shares of Installed Building Products in the second quarter worth about $45,580,000. Paralel Advisors LLC acquired a new position in shares of Installed Building Products during the 2nd quarter worth about $37,924,000. Finally, Bank of New York Mellon Corp bought a new stake in Installed Building Products during the 2nd quarter valued at approximately $37,771,000. Institutional investors and hedge funds own 99.61% of the company’s stock.

Insider Buying and Selling

In related news, Director Janet Jackson sold 1,086 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $237.06, for a total transaction of $257,447.16. Following the transaction, the director owned 5,142 shares of the company’s stock, valued at approximately $1,218,962.52. The trade was a 17.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 13.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on IBP shares. Zacks Research upgraded Installed Building Products from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Wells Fargo & Company dropped their target price on Installed Building Products from $245.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. Evercore set a $246.00 price target on Installed Building Products in a research note on Friday, August 7th. Wall Street Zen upgraded Installed Building Products from a “hold” rating to a “buy” rating in a report on Saturday. Finally, DA Davidson boosted their price target on Installed Building Products from $242.00 to $250.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $247.55.

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 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.