Floor & Decor Holdings, Inc. $FND Stake Boosted by Davidson Kahn Capital Management LLC

Davidson Kahn Capital Management LLC increased its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 48.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,005 shares of the company’s stock after purchasing an additional 17,185 shares during the quarter. Floor & Decor accounts for about 1.7% of Davidson Kahn Capital Management LLC’s investment portfolio, making the stock its 16th largest holding. Davidson Kahn Capital Management LLC’s holdings in Floor & Decor were worth $3,206,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in Floor & Decor during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. lifted its stake in Floor & Decor by 207.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after purchasing an additional 247 shares during the last quarter. eCIO Inc. bought a new position in Floor & Decor during the fourth quarter worth $41,000. State of Wyoming bought a new position in Floor & Decor during the second quarter worth $46,000. Finally, Mather Group LLC. bought a new position in Floor & Decor during the third quarter worth $49,000.

Floor & Decor Price Performance

Shares of NYSE FND opened at $52.91 on Wednesday. Floor & Decor Holdings, Inc. has a 1-year low of $46.47 and a 1-year high of $92.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34. The business’s fifty day moving average price is $58.15 and its two-hundred day moving average price is $63.37. The firm has a market capitalization of $5.71 billion, a PE ratio of 27.56, a P/E/G ratio of 3.27 and a beta of 1.82.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, research analysts expect that Floor & Decor Holdings, Inc. will post 2.09 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group restated a “neutral” rating and set a $64.00 price objective on shares of Floor & Decor in a research note on Friday, February 20th. Barclays raised their price objective on Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. reduced their price objective on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Mizuho reduced their price objective on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, TD Cowen reduced their price objective on Floor & Decor from $75.00 to $60.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Six equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $74.11.

Floor & Decor 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.