Floor & Decor Holdings, Inc. $FND Shares Purchased by PineStone Asset Management Inc.

PineStone Asset Management Inc. boosted its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 16.5% in the 4th quarter, Holdings Channel reports. The fund owned 130,800 shares of the company’s stock after purchasing an additional 18,500 shares during the period. PineStone Asset Management Inc.’s holdings in Floor & Decor were worth $7,964,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in shares of Floor & Decor during the 3rd quarter worth $26,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after purchasing an additional 247 shares during the period. State of Wyoming acquired a new position in Floor & Decor in the second quarter valued at $46,000. Steph & Co. acquired a new position in Floor & Decor in the third quarter valued at $48,000. Finally, Mather Group LLC. purchased a new position in Floor & Decor during the third quarter worth about $49,000.

Analyst Ratings Changes

A number of brokerages have issued reports on FND. UBS Group decreased their price target on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Floor & Decor in a report on Wednesday, January 28th. JPMorgan Chase & Co. decreased their target price on shares of Floor & Decor from $85.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Telsey Advisory Group restated an “outperform” rating and issued a $80.00 target price on shares of Floor & Decor in a report on Friday, February 20th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $64.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Six investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Floor & Decor presently has an average rating of “Hold” and a consensus price target of $77.35.

Floor & Decor Price Performance

FND stock opened at $50.68 on Wednesday. The stock has a 50-day moving average price of $63.80 and a two-hundred day moving average price of $66.44. Floor & Decor Holdings, Inc. has a 12-month low of $49.23 and a 12-month high of $92.40. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The company has a market cap of $5.47 billion, a PE ratio of 26.40, a price-to-earnings-growth ratio of 1.68 and a beta of 1.72.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business posted $0.44 EPS. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, research analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

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.