Blair William & Co. IL Acquires 64,157 Shares of Floor & Decor Holdings, Inc. $FND

Blair William & Co. IL grew its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 61.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 168,396 shares of the company’s stock after buying an additional 64,157 shares during the quarter. Blair William & Co. IL owned 0.16% of Floor & Decor worth $12,411,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Floor & Decor by 9.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock valued at $27,346,000 after acquiring an additional 30,195 shares in the last quarter. Atria Investments Inc lifted its stake in Floor & Decor by 28.5% during the second quarter. Atria Investments Inc now owns 9,553 shares of the company’s stock worth $726,000 after purchasing an additional 2,121 shares during the period. Huntington National Bank lifted its stake in Floor & Decor by 231.3% during the second quarter. Huntington National Bank now owns 1,491 shares of the company’s stock worth $113,000 after purchasing an additional 1,041 shares during the period. Penserra Capital Management LLC boosted its holdings in Floor & Decor by 23.1% during the second quarter. Penserra Capital Management LLC now owns 3,424 shares of the company’s stock valued at $260,000 after purchasing an additional 643 shares in the last quarter. Finally, King Luther Capital Management Corp boosted its holdings in Floor & Decor by 40.9% during the second quarter. King Luther Capital Management Corp now owns 16,442 shares of the company’s stock valued at $1,249,000 after purchasing an additional 4,776 shares in the last quarter.

Analysts Set New Price Targets

FND has been the subject of several analyst reports. Wall Street Zen downgraded Floor & Decor from a “hold” rating to a “sell” rating in a research report on Sunday, November 9th. Mizuho dropped their price objective on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. UBS Group cut their price objective on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating for the company in a report on Friday, February 20th. TD Cowen reduced their target price on shares of Floor & Decor from $80.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. Finally, Zacks Research raised shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Six equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $78.24.

Floor & Decor Trading Down 4.1%

FND stock opened at $60.09 on Monday. The business has a fifty day moving average price of $68.76 and a 200 day moving average price of $70.03. Floor & Decor Holdings, Inc. has a fifty-two week low of $55.11 and a fifty-two week high of $95.83. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 2.04 and a beta of 1.72. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The business’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Company Profile

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.