Rep. David Taylor Purchases 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 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 Stock Down 0.1%

Shares of IBP traded down $0.13 during mid-day trading on Friday, hitting $228.13. The company’s stock had a trading volume of 274,565 shares, compared to its average volume of 469,346. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 5.66 and a beta of 1.69. The company’s 50-day moving average is $226.15 and its 200-day moving average is $269.21. The company has a current ratio of 3.35, a quick ratio of 2.76 and a debt-to-equity ratio of 1.56. Installed Building Products, Inc. has a 52-week low of $182.88 and a 52-week high of $349.00.

Installed Building Products (NYSE:IBP) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $1.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.17). Installed Building Products had a net margin of 8.65% and a return on equity of 42.28%. The company had revenue of $660.50 million during the quarter, compared to analysts’ expectations of $668.92 million. During the same quarter in the prior year, the business posted $2.08 earnings per share. The company’s revenue was down 3.5% compared to the same quarter last year. On average, equities research analysts forecast that Installed Building Products, Inc. will post 9.57 EPS for the current fiscal year.

Installed Building Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.39 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.56 annualized dividend and a dividend yield of 0.7%. Installed Building Products’s payout ratio is currently 16.63%.

Institutional Investors Weigh In On Installed Building Products

Hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Installed Building Products by 3.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,130 shares of the construction company’s stock worth $2,423,000 after buying an additional 486 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Installed Building Products during the 1st quarter valued at about $263,000. Jane Street Group LLC increased its stake in shares of Installed Building Products by 270.0% in the 1st quarter. Jane Street Group LLC now owns 17,192 shares of the construction company’s stock valued at $2,948,000 after purchasing an additional 12,545 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Installed Building Products by 5.9% in the 2nd quarter. Hsbc Holdings PLC now owns 1,643 shares of the construction company’s stock worth $296,000 after purchasing an additional 92 shares during the period. Finally, Jump Financial LLC boosted its position in Installed Building Products by 959.6% during the second quarter. Jump Financial LLC now owns 18,109 shares of the construction company’s stock worth $3,265,000 after purchasing an additional 16,400 shares in the last quarter. Institutional investors and hedge funds own 99.61% of the company’s stock.

Insiders Place Their Bets

In other Installed Building Products news, CFO Michael Thomas Miller bought 990 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of $200.62 per share, for a total transaction of $198,613.80. Following the transaction, the chief financial officer directly owned 34,209 shares of the company’s stock, valued at approximately $6,863,009.58. This represents a 2.98% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Brad A. Wheeler purchased 716 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $209.13 per share, for a total transaction of $149,737.08. Following the purchase, the chief operating officer directly owned 14,988 shares in the company, valued at $3,134,440.44. This trade represents a 5.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 5,036 shares of company stock valued at $1,042,807 in the last three months. 13.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on IBP. Weiss Ratings cut Installed Building Products from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Truist Financial dropped their price target on Installed Building Products from $250.00 to $200.00 and set a “hold” rating on the stock in a research note on Friday, May 8th. Stephens cut their target price on Installed Building Products from $300.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Friday, May 8th. Royal Bank Of Canada set a $242.00 price target on Installed Building Products in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. dropped their price target on Installed Building Products from $284.00 to $195.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Installed Building Products presently has a consensus rating of “Reduce” and a consensus 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.

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.