Floor & Decor Holdings, Inc. $FND Shares Acquired by Capital World Investors

Capital World Investors lifted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,472,044 shares of the company’s stock after purchasing an additional 557,728 shares during the quarter. Capital World Investors owned 0.07% of Floor & Decor worth $454,975,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FND. Advisory Services Network LLC acquired a new stake in shares of Floor & Decor during the 3rd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. grew its holdings in 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. Clearstead Advisors LLC increased its position in shares of Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Floor & Decor during the 4th quarter worth approximately $34,000. Finally, eCIO Inc. acquired a new position in shares of Floor & Decor during the 4th quarter worth approximately $41,000.

Insiders Place Their Bets

In other Floor & Decor news, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction on 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 sale, the executive vice president directly owned 71,676 shares of the company’s stock, valued at $3,460,517.28. This trade represents a 17.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bryan Langley bought 2,500 shares of the business’s stock in a transaction on Monday, May 4th. The stock was bought at an average cost of $48.69 per share, with a total value of $121,725.00. Following the completion of the purchase, the chief financial officer directly owned 42,016 shares in the company, valued at approximately $2,045,759.04. The trade was a 6.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.80% of the company’s stock.

Floor & Decor Stock Down 0.2%

Shares of FND opened at $47.30 on Monday. Floor & Decor Holdings, Inc. has a 52-week low of $42.64 and a 52-week high of $92.40. The company has a market capitalization of $5.10 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 4.08 and a beta of 1.62. The stock has a fifty day simple moving average of $49.63 and a two-hundred day simple moving average of $59.48.

Floor & Decor (NYSE:FND) last issued its 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). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the business earned $0.46 earnings per share. The firm’s revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Evercore set a $51.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and issued a $64.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Stifel Nicolaus set a $75.00 price target on shares of Floor & Decor in a report on Friday, May 1st. Citigroup cut their price target on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $59.17.

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.