Floor & Decor Holdings, Inc. $FND Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 33.9% in the first quarter, HoldingsChannel reports. The firm owned 2,606,871 shares of the company’s stock after acquiring an additional 659,355 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Floor & Decor were worth $132,424,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital World Investors grew its stake in 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 purchasing an additional 557,728 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Floor & Decor by 6.5% in the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock valued at $347,354,000 after buying an additional 416,572 shares during the period. Morgan Stanley grew its position in shares of Floor & Decor by 10.4% during the fourth quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after buying an additional 484,243 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew 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 buying an additional 3,881,522 shares in the last quarter. Finally, State Street Corp increased its stake in shares of 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 buying an additional 42,636 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FND. Robert W. Baird set a $63.00 target price on shares of Floor & Decor in a report on Friday, May 1st. Weiss Ratings cut shares of Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Guggenheim dropped their price objective on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Zelman & Associates reduced their price objective on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Bank of America cut shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective for the company. in a research report on Friday, April 17th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Floor & Decor presently has an average rating of “Hold” and an average price target of $57.72.

Insider Activity

In related news, CFO Bryan Langley bought 2,500 shares of the stock in a transaction dated Monday, May 4th. The stock was acquired at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the acquisition, the chief financial officer owned 42,016 shares in the company, valued at approximately $2,045,759.04. This represents a 6.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the completion of the transaction, the executive vice president directly owned 71,676 shares in the company, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.80% of the company’s stock.

Floor & Decor Stock Up 3.0%

FND stock opened at $55.37 on Tuesday. The business has a 50 day moving average price of $53.12 and a 200 day moving average price of $57.56. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 30.09, a PEG ratio of 4.59 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 announced its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. 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.

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.