Principal Financial Group Inc. Trims Holdings in Installed Building Products, Inc. $IBP

Posted by Brian Himes on Jul 19th, 2026

Principal Financial Group Inc. lowered its stake in shares of Installed Building Products, Inc. (NYSE:IBP – Free Report) by 4.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,661 shares of the construction company’s stock after selling 5,801 shares during the quarter. Principal Financial Group Inc.’s holdings in Installed Building Products were worth $34,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its stake in Installed Building Products by 26.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,551,161 shares of the construction company’s stock valued at $402,356,000 after acquiring an additional 328,725 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in shares of Installed Building Products by 4,659.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 171,897 shares of the construction company’s stock valued at $30,996,000 after purchasing an additional 168,285 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Installed Building Products by 84.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 276,690 shares of the construction company’s stock valued at $49,893,000 after purchasing an additional 126,435 shares in the last quarter. Norges Bank acquired a new stake in shares of Installed Building Products in the 4th quarter valued at about $32,359,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Installed Building Products by 52.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 355,211 shares of the construction company’s stock worth $92,138,000 after purchasing an additional 122,561 shares during the last quarter. Institutional investors own 99.61% of the company’s stock.

Analyst Upgrades and Downgrades

IBP has been the subject of a number of research reports. Evercore set a $226.00 price target on Installed Building Products in a research note on Friday, May 8th. The Goldman Sachs Group cut their price objective on Installed Building Products from $331.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wells Fargo & Company reduced their target price on Installed Building Products from $285.00 to $250.00 and set an “equal weight” rating on the stock in a report on Friday, May 8th. Zacks Research upgraded Installed Building Products from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, DA Davidson reiterated a “neutral” rating and issued a $242.00 price target on shares of Installed Building Products in a report on Monday, June 1st. One research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $247.67.

Get Our Latest Stock Analysis on IBP

Installed Building Products Price Performance

NYSE IBP opened at $228.61 on Friday. Installed Building Products, Inc. has a 12 month low of $182.88 and a 12 month high of $349.00. The firm has a market capitalization of $6.16 billion, a PE ratio of 24.37, a P/E/G ratio of 5.67 and a beta of 1.69. The company’s 50 day simple moving average is $215.18 and its 200 day simple moving average is $266.36. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.35 and a quick ratio of 2.76.

Installed Building Products (NYSE:IBP – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The construction company reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.17). The business had revenue of $660.50 million during the quarter, compared to analyst estimates of $668.92 million. Installed Building Products had a net margin of 8.65% and a return on equity of 42.28%. Installed Building Products’s revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.08 earnings per share. As a group, 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 announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, June 15th. Installed Building Products’s dividend payout ratio (DPR) is presently 16.63%.

Insider Buying and Selling at Installed Building Products

In other Installed Building Products news, CFO Michael Thomas Miller purchased 990 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief financial officer owned 34,209 shares in the company, valued at $6,863,009.58. This represents a 2.98% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Brad A. Wheeler purchased 716 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $209.13 per share, for a total transaction of $149,737.08. Following the transaction, the chief operating officer owned 14,988 shares of the company’s stock, valued at $3,134,440.44. The trade was a 5.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 5,036 shares of company stock valued at $1,042,807. 13.80% of the stock is currently owned by corporate insiders.

Installed Building Products Company Profile

(Free Report)

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.