Alua Capital Management LP Acquires New Holdings in Floor & Decor Holdings, Inc. $FND

Alua Capital Management LP acquired a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 440,800 shares of the company’s stock, valued at approximately $22,393,000. Floor & Decor accounts for approximately 2.0% of Alua Capital Management LP’s investment portfolio, making the stock its 13th largest position. Alua Capital Management LP owned approximately 0.41% of Floor & Decor at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Littlejohn & Co. LLC acquired a new stake in Floor & Decor during the 4th quarter worth approximately $7,916,000. Black Cypress Capital Management LLC boosted its position in Floor & Decor by 135.0% in the 4th quarter. Black Cypress Capital Management LLC now owns 201,673 shares of the company’s stock valued at $12,280,000 after buying an additional 115,858 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Floor & Decor in the fourth quarter worth $5,163,000. Principal Financial Group Inc. grew its stake in shares of Floor & Decor by 0.4% in the fourth quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock worth $390,981,000 after acquiring an additional 22,636 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after acquiring an additional 3,881,522 shares during the period.

Insider Activity

In other news, CEO Bradley Paulsen acquired 5,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was acquired at an average cost of $50.25 per share, with a total value of $251,250.00. Following the completion of the acquisition, the chief executive officer owned 85,010 shares of the company’s stock, valued at $4,271,752.50. The trade was a 6.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $48.28, for a total value of $733,856.00. Following the completion of the sale, the executive vice president directly owned 71,676 shares of the company’s stock, valued at $3,460,517.28. The trade was a 17.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.80% of the company’s stock.

Floor & Decor Stock Up 1.4%

FND stock opened at $53.78 on Friday. The business has a 50 day moving average price of $52.92 and a 200 day moving average price of $57.67. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 4.62 and a beta of 1.58. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the firm posted $0.46 EPS. The firm’s quarterly revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, sell-side analysts anticipate that Floor & Decor Holdings, Inc. will post 1.94 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on FND shares. Evercore set a $60.00 target price on Floor & Decor in a report on Tuesday, July 7th. Robert W. Baird set a $63.00 price target on Floor & Decor in a research report on Friday, May 1st. Stifel Nicolaus set a $75.00 price objective on Floor & Decor in a research report on Friday, May 1st. Piper Sandler restated an “overweight” rating on shares of Floor & Decor in a research note on Tuesday, May 26th. Finally, Zelman & Associates cut their target price on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Five investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $57.72.

About Floor & Decor

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.