Builders FirstSource, Inc. $BLDR Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas grew its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 2.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,292 shares of the company’s stock after acquiring an additional 454 shares during the period. Teacher Retirement System of Texas’ holdings in Builders FirstSource were worth $2,018,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. IMA Advisory Services Inc. acquired a new stake in shares of Builders FirstSource during the first quarter valued at about $31,000. AlphaQuest LLC acquired a new stake in shares of Builders FirstSource during the second quarter valued at about $67,000. Smartleaf Asset Management LLC grew its stake in Builders FirstSource by 21.0% in the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock worth $78,000 after purchasing an additional 109 shares in the last quarter. New Age Alpha Advisors LLC grew its stake in Builders FirstSource by 22.8% in the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock worth $80,000 after purchasing an additional 119 shares in the last quarter. Finally, Brooklyn Investment Group grew its stake in Builders FirstSource by 363.9% in the first quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock worth $90,000 after purchasing an additional 564 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $112.82 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average of $128.79 and a two-hundred day moving average of $124.17. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $194.36. The company has a market cap of $12.47 billion, a P/E ratio of 17.12, a PEG ratio of 12.90 and a beta of 1.62.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, October 30th. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.19. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the previous year, the firm posted $3.07 earnings per share. Builders FirstSource’s quarterly revenue was down 6.9% compared to the same quarter last year. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on BLDR. KeyCorp set a $145.00 price target on Builders FirstSource in a research note on Wednesday, October 1st. Wall Street Zen upgraded Builders FirstSource from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Robert W. Baird set a $135.00 price target on Builders FirstSource in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $134.00 price target on shares of Builders FirstSource in a research note on Friday, August 1st. Finally, UBS Group lifted their price target on Builders FirstSource from $158.00 to $166.00 and gave the stock a “buy” rating in a research note on Friday. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $138.69.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.