Entropy Technologies LP Takes Position in Floor & Decor Holdings, Inc. $FND

Entropy Technologies LP bought a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 25,278 shares of the company’s stock, valued at approximately $1,539,000.

Other hedge funds have also added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in Floor & Decor during the 3rd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Floor & Decor by 207.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after purchasing an additional 247 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Floor & Decor during the 4th quarter worth approximately $34,000. Clearstead Advisors LLC lifted its holdings in Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 384 shares during the last quarter. Finally, State of Wyoming acquired a new stake in Floor & Decor during the 2nd quarter worth approximately $46,000.

Floor & Decor Stock Performance

Shares of FND opened at $53.11 on Tuesday. Floor & Decor Holdings, Inc. has a 52-week low of $42.64 and a 52-week high of $92.40. The business’s fifty day moving average is $49.75 and its 200-day moving average is $59.11. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 28.86, a PEG ratio of 4.59 and a beta of 1.62.

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

Insider Activity at Floor & Decor

In related 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 transaction of $733,856.00. Following the sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Bradley Paulsen acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the acquisition, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. This represents a 6.25% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on FND shares. Weiss Ratings cut Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Barclays dropped their price target on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Telsey Advisory Group dropped their price target on Floor & Decor from $80.00 to $61.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Citigroup dropped their price target on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Bank of America cut Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price target for the company. in a report on Friday, April 17th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Floor & Decor has an average rating of “Hold” and an average price target of $59.17.

About Floor & Decor

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.