Andra AP fonden Grows Stake in Builders FirstSource, Inc. $BLDR

Andra AP fonden lifted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 7.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,300 shares of the company’s stock after purchasing an additional 6,300 shares during the quarter. Andra AP fonden owned about 0.08% of Builders FirstSource worth $10,187,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Stephens Inc. AR lifted its position in Builders FirstSource by 42.5% in the 1st quarter. Stephens Inc. AR now owns 2,942 shares of the company’s stock worth $368,000 after buying an additional 877 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in Builders FirstSource by 54.5% during the first quarter. OneDigital Investment Advisors LLC now owns 2,223 shares of the company’s stock valued at $278,000 after acquiring an additional 784 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Builders FirstSource by 9.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 909,866 shares of the company’s stock worth $113,679,000 after acquiring an additional 76,368 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of Builders FirstSource by 2.4% in the 1st quarter. Brown Advisory Inc. now owns 10,446 shares of the company’s stock worth $1,305,000 after acquiring an additional 241 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Builders FirstSource by 148.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 23,873 shares of the company’s stock worth $2,786,000 after acquiring an additional 14,276 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

Shares of BLDR stock opened at $109.03 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. Builders FirstSource, Inc. has a fifty-two week low of $102.60 and a fifty-two week high of $194.36. The firm has a market cap of $12.06 billion, a P/E ratio of 16.54, a P/E/G ratio of 12.90 and a beta of 1.61. The business’s 50 day moving average price is $126.90 and its 200-day moving average price is $123.93.

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

Wall Street Analysts Forecast Growth

BLDR has been the topic of several recent research reports. The Goldman Sachs Group reduced their target price on shares of Builders FirstSource from $147.00 to $146.00 in a report on Friday, October 31st. DA Davidson decreased their price objective on Builders FirstSource from $125.00 to $115.00 and set a “neutral” rating on the stock in a report on Monday. Loop Capital dropped their target price on Builders FirstSource from $145.00 to $140.00 in a report on Friday, October 31st. BMO Capital Markets reduced their price target on Builders FirstSource from $130.00 to $123.00 in a research report on Wednesday, October 29th. Finally, Stifel Nicolaus lifted their price target on Builders FirstSource from $118.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, August 1st. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Builders FirstSource presently has a consensus rating of “Hold” and an average target price of $138.69.

Builders FirstSource Company 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.