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

Representative David Taylor (Republican-Ohio) recently sold shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Installed Building Products stock on February 26th. 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 Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

Installed Building Products Stock Up 0.8%

IBP traded up $2.36 during trading hours on Tuesday, hitting $301.64. 44,446 shares of the company’s stock were exchanged, compared to its average volume of 336,984. The firm has a 50 day moving average of $306.69 and a 200 day moving average of $276.49. The firm has a market cap of $8.14 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 4.29 and a beta of 1.90. The company has a current ratio of 3.03, a quick ratio of 2.44 and a debt-to-equity ratio of 1.20. Installed Building Products, Inc. has a 12-month low of $150.83 and a 12-month high of $349.00.

Installed Building Products (NYSE:IBP) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.41. The business had revenue of $747.50 million during the quarter, compared to the consensus estimate of $738.97 million. Installed Building Products had a return on equity of 43.71% and a net margin of 8.93%.The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the company posted $2.88 earnings per share. Analysts predict that Installed Building Products, Inc. will post 10.66 EPS for the current fiscal year.

Installed Building Products Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.80 per share. The ex-dividend date is Friday, March 13th. This represents a yield of 56.0%. Installed Building Products’s dividend payout ratio is 15.21%.

Insider Activity at Installed Building Products

In related news, CEO Jeffrey W. Edwards sold 400,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $314.06, for a total value of $125,624,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,727,819 shares in the company, valued at approximately $542,638,835.14. This represents a 18.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 16.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

IBP has been the subject of a number of research reports. Zacks Research cut shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $245.00 price target on shares of Installed Building Products in a research report on Tuesday, January 13th. Vertical Research raised Installed Building Products from a “sell” rating to a “hold” rating and set a $326.00 price target for the company in a report on Friday, February 27th. Benchmark cut shares of Installed Building Products from a “buy” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada increased their price objective on Installed Building Products from $203.00 to $255.00 and gave the stock an “underperform” rating in a research report on Friday, February 27th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Installed Building Products currently has an average rating of “Reduce” and an average target price of $256.09.

Institutional Trading of Installed Building Products

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Timucuan Asset Management Inc. FL grew its holdings in shares of Installed Building Products by 73.2% during the second quarter. Timucuan Asset Management Inc. FL now owns 866,577 shares of the construction company’s stock worth $156,261,000 after buying an additional 366,250 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Installed Building Products by 26.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,551,161 shares of the construction company’s stock worth $402,356,000 after acquiring an additional 328,725 shares during the period. Eminence Capital LP grew its stake in Installed Building Products by 48.5% in the 2nd quarter. Eminence Capital LP now owns 945,101 shares of the construction company’s stock worth $170,421,000 after acquiring an additional 308,717 shares during the period. TD Asset Management Inc raised its holdings in Installed Building Products by 2,169.2% in the 3rd quarter. TD Asset Management Inc now owns 271,938 shares of the construction company’s stock valued at $67,076,000 after acquiring an additional 259,954 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of Installed Building Products by 4,659.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 171,897 shares of the construction company’s stock worth $30,996,000 after purchasing an additional 168,285 shares during the period. Hedge funds and other institutional investors own 99.61% 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 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.