Diversified Trust Co. Acquires New Shares in Floor & Decor Holdings, Inc. $FND

Diversified Trust Co. acquired a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,351 shares of the company’s stock, valued at approximately $1,300,000.

A number of other institutional investors also recently bought and sold shares of FND. AlphaQuest LLC increased its position in shares of Floor & Decor by 27.2% in the third 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. Fifth Third Bancorp increased its holdings in Floor & Decor by 19.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock valued at $84,000 after acquiring an additional 182 shares in the last quarter. Bank of Jackson Hole Trust increased its holdings in Floor & Decor by 37.7% during the 3rd quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock valued at $50,000 after acquiring an additional 186 shares in the last quarter. Amalgamated Bank raised its position in Floor & Decor by 0.4% during the third quarter. Amalgamated Bank now owns 50,069 shares of the company’s stock worth $3,690,000 after acquiring an additional 217 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in Floor & Decor by 0.3% during the third quarter. CANADA LIFE ASSURANCE Co now owns 78,410 shares of the company’s stock worth $5,895,000 after acquiring an additional 221 shares during the last quarter.

Floor & Decor Stock Down 0.3%

FND stock opened at $52.62 on Friday. The company has a 50 day moving average price of $65.28 and a two-hundred day moving average price of $67.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. The stock has a market capitalization of $5.68 billion, a P/E ratio of 27.41, a PEG ratio of 1.79 and a beta of 1.72. Floor & Decor Holdings, Inc. has a one year low of $49.89 and a one year high of $92.40.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share 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 company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the company posted $0.44 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, sell-side analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Morgan Stanley lowered their price target on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Floor & Decor in a research report on Wednesday, January 28th. Stifel Nicolaus reduced their target price on Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, December 16th. The Goldman Sachs Group reissued a “neutral” rating and set a $64.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Finally, Barclays boosted their price target on Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $78.24.

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.