Floor & Decor Holdings, Inc. $FND Shares Acquired by Citigroup Inc.

Citigroup Inc. boosted its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 36.2% during the 3rd quarter, Holdings Channel reports. The fund owned 59,427 shares of the company’s stock after acquiring an additional 15,808 shares during the quarter. Citigroup Inc.’s holdings in Floor & Decor were worth $4,380,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. State of Wyoming purchased a new stake in shares of Floor & Decor in the 2nd quarter valued at approximately $46,000. Steph & Co. purchased a new position in Floor & Decor in the third quarter valued at approximately $48,000. Mather Group LLC. acquired a new stake in Floor & Decor during the third quarter worth approximately $49,000. Bank of Jackson Hole Trust lifted its position in shares of Floor & Decor by 37.7% during the 3rd quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock worth $50,000 after buying an additional 186 shares during the last quarter. Finally, AlphaQuest LLC boosted its holdings in shares of Floor & Decor by 27.2% in the 3rd quarter. AlphaQuest LLC now owns 805 shares of the company’s stock valued at $59,000 after buying an additional 172 shares in the last quarter.

Floor & Decor Trading Down 3.4%

NYSE:FND opened at $64.12 on Thursday. The firm has a market cap of $6.92 billion, a P/E ratio of 33.40, a PEG ratio of 2.26 and a beta of 1.72. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a 12-month low of $55.11 and a 12-month high of $95.83. The stock’s 50 day simple moving average is $68.83 and its 200-day simple moving average is $70.42.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the business posted $0.44 EPS. The company’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. Equities analysts anticipate that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Wall Street Analyst Weigh In

FND has been the topic of several research analyst reports. Evercore cut their price target on shares of Floor & Decor from $75.00 to $65.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. Stifel Nicolaus cut their target price on Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. Zacks Research raised Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. UBS Group cut their target price on shares of Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Finally, Mizuho reduced their price target on shares of Floor & Decor from $76.00 to $72.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $78.24.

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.