MUFG Securities EMEA plc Makes New $5.48 Million Investment in Floor & Decor Holdings, Inc. $FND

MUFG Securities EMEA plc acquired a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) during the 4th quarter, Holdings Channel.com reports. The fund acquired 90,000 shares of the company’s stock, valued at approximately $5,480,000.

Several other large investors have also recently added to or reduced their stakes in FND. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Floor & Decor by 9.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock valued at $27,346,000 after purchasing an additional 30,195 shares during the last quarter. Invesco Ltd. grew its stake in shares of Floor & Decor by 290.8% during the second quarter. Invesco Ltd. now owns 597,083 shares of the company’s stock valued at $45,354,000 after purchasing an additional 444,290 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of Floor & Decor by 12.7% during the second quarter. California Public Employees Retirement System now owns 140,132 shares of the company’s stock valued at $10,644,000 after purchasing an additional 15,821 shares during the last quarter. State Street Corp grew 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 valued at $289,527,000 after purchasing an additional 42,636 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Floor & Decor by 33.9% during the second quarter. Sei Investments Co. now owns 343,573 shares of the company’s stock valued at $26,098,000 after purchasing an additional 87,013 shares during the last quarter.

Insiders Place Their Bets

In other news, CFO Bryan Langley bought 2,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were bought at an average cost of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the acquisition, the chief financial officer owned 42,016 shares in the company, valued at approximately $2,045,759.04. This trade represents a 6.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Bradley Paulsen bought 5,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This trade represents a 6.25% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 1.80% of the company’s stock.

Floor & Decor Stock Performance

FND opened at $51.50 on Monday. The firm’s fifty day moving average is $49.89 and its two-hundred day moving average is $59.86. The firm has a market cap of $5.56 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 4.42 and a beta of 1.62. Floor & Decor Holdings, Inc. has a twelve month low of $42.64 and a twelve month high of $92.40.

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Evercore set a $51.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Wells Fargo & Company decreased their price target on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. TD Cowen reduced their price objective on shares of Floor & Decor from $60.00 to $48.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Finally, UBS Group reduced their price objective on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Floor & Decor has a consensus rating of “Hold” and an average target price of $59.17.

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.