Diversified Trust Co Has $1.65 Million Stock Position in Floor & Decor Holdings, Inc. $FND

Diversified Trust Co grew its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 51.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,425 shares of the company’s stock after purchasing an additional 11,074 shares during the period. Diversified Trust Co’s holdings in Floor & Decor were worth $1,647,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Capital World Investors lifted its position in shares of Floor & Decor by 8.1% during the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock worth $454,975,000 after buying an additional 557,728 shares during the period. Principal Financial Group Inc. grew its position in Floor & Decor by 0.4% in the fourth quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock valued at $390,981,000 after acquiring an additional 22,636 shares during the period. Morgan Stanley grew its position in Floor & Decor by 10.4% in the fourth quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock valued at $311,764,000 after acquiring an additional 484,243 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after acquiring an additional 3,881,522 shares during the period. Finally, State Street Corp raised its stake in Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after acquiring an additional 42,636 shares in the last quarter.

Insider Activity

In related news, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $48.28, for a total value of $733,856.00. Following the completion of the transaction, 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. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Bradley Paulsen purchased 5,000 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the transaction, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. This represents a 6.25% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on FND shares. Piper Sandler reissued an “overweight” rating on shares of Floor & Decor in a report on Tuesday, May 26th. Bank of America lowered shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 target price on the stock. in a report on Friday, April 17th. Zelman & Associates dropped their target price on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a report on Friday, May 1st. Finally, Morgan Stanley restated a “positive” rating and issued a $56.00 price target on shares of Floor & Decor in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $59.17.

Floor & Decor Price Performance

FND stock opened at $50.92 on Tuesday. The business has a fifty day moving average price of $49.97 and a 200 day moving average price of $58.66. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of 27.68, a P/E/G ratio of 4.56 and a beta of 1.62.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities analysts expect that Floor & Decor Holdings, Inc. will post 1.92 earnings per share 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.