Vaughan Nelson Investment Management L.P. Sells 286,800 Shares of Floor & Decor Holdings, Inc. $FND

Vaughan Nelson Investment Management L.P. reduced its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 51.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 271,754 shares of the company’s stock after selling 286,800 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.25% of Floor & Decor worth $16,547,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its position in Floor & Decor by 20.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 337,870 shares of the company’s stock worth $24,901,000 after buying an additional 56,870 shares during the period. TD Asset Management Inc boosted its position in shares of Floor & Decor by 134.7% in the third quarter. TD Asset Management Inc now owns 35,162 shares of the company’s stock valued at $2,591,000 after acquiring an additional 20,182 shares during the period. Principal Financial Group Inc. grew its stake in shares of Floor & Decor by 46.0% in the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company’s stock worth $471,567,000 after acquiring an additional 2,015,999 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Floor & Decor by 19.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 724,964 shares of the company’s stock worth $53,430,000 after acquiring an additional 118,232 shares during the last quarter. Finally, Timucuan Asset Management Inc. FL increased its position in Floor & Decor by 9.0% during the second quarter. Timucuan Asset Management Inc. FL now owns 2,580,609 shares of the company’s stock worth $196,023,000 after acquiring an additional 214,151 shares during the period.

Floor & Decor Trading Up 2.7%

Shares of Floor & Decor stock opened at $50.68 on Wednesday. Floor & Decor Holdings, Inc. has a 52-week low of $49.23 and a 52-week high of $92.40. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34. The company’s fifty day moving average price is $63.80 and its two-hundred day moving average price is $66.44.

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 during the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.44 EPS. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Mizuho reduced their price target on shares of Floor & Decor from $76.00 to $72.00 and set a “neutral” rating for the company in a report on Friday, February 20th. The Goldman Sachs Group restated a “neutral” rating and set a $64.00 price objective on shares of Floor & Decor in a report on Friday, February 20th. Morgan Stanley cut their price objective on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. UBS Group decreased their target price on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Finally, Barclays boosted their price target on Floor & Decor from $70.00 to $77.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Six investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $77.35.

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.