Future Fund LLC Raises Stock Holdings in Floor & Decor Holdings, Inc. $FND

Future Fund LLC increased its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 90.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,499 shares of the company’s stock after purchasing an additional 11,658 shares during the quarter. Future Fund LLC’s holdings in Floor & Decor were worth $1,492,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaQuest LLC grew its stake in Floor & Decor by 27.2% in the third quarter. AlphaQuest LLC now owns 805 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares in the last quarter. Fifth Third Bancorp grew its stake in Floor & Decor by 19.0% in the third quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock worth $84,000 after purchasing an additional 182 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Floor & Decor by 50.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock worth $34,000 after purchasing an additional 186 shares in the last quarter. Global Retirement Partners LLC grew its stake in Floor & Decor by 35.5% in the fourth quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock worth $44,000 after purchasing an additional 189 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in Floor & Decor by 0.3% in the third quarter. CANADA LIFE ASSURANCE Co now owns 78,410 shares of the company’s stock worth $5,895,000 after purchasing an additional 221 shares in the last quarter.

Wall Street Analyst Weigh In

FND has been the topic of several research analyst reports. Weiss Ratings cut Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Zacks Research cut Floor & Decor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Barclays dropped their target price on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Bank of America cut Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 target price on the stock. in a research report on Friday, April 17th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $64.00 target price on shares of Floor & Decor in a research report on Friday, February 20th. 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’s stock. According to data from MarketBeat, Floor & Decor presently has an average rating of “Hold” and an average price target of $59.17.

Floor & Decor Price Performance

Floor & Decor stock opened at $51.50 on Friday. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 4.42 and a beta of 1.63. Floor & Decor Holdings, Inc. has a 1-year low of $42.64 and a 1-year high of $92.40. The business has a fifty day moving average price of $49.89 and a 200-day moving average price of $59.86.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The business 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 firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Insider Transactions at Floor & Decor

In other 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 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Bradley Paulsen acquired 5,000 shares of the stock in a transaction dated Monday, May 4th. The stock was acquired at an average cost of $50.25 per share, with a total value of $251,250.00. Following the transaction, the chief executive officer directly owned 85,010 shares in the company, valued at approximately $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. Insiders own 1.80% of the company’s stock.

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.