Militia Capital Partners LP purchased a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,000 shares of the company’s stock, valued at approximately $1,035,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in Floor & Decor during the third quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. increased its position in Floor & Decor by 207.6% during the third 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. Clearstead Advisors LLC increased its position in Floor & Decor by 215.7% during the fourth 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. Los Angeles Capital Management LLC acquired a new position in Floor & Decor during the fourth quarter worth approximately $34,000. Finally, eCIO Inc. acquired a new position in Floor & Decor during the fourth quarter worth approximately $41,000.
Analysts Set New Price Targets
FND has been the subject of several research analyst reports. Citigroup dropped their price target on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Stifel Nicolaus set a $75.00 price target on shares of Floor & Decor in a research report on Friday, May 1st. Piper Sandler reissued an “overweight” rating on shares of Floor & Decor in a research report on Tuesday, May 26th. Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $64.00 price objective on shares of Floor & Decor in a research report on Friday, February 20th. 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $59.17.
Insider Activity at Floor & Decor
In other news, CFO Bryan Langley purchased 2,500 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average cost of $48.69 per share, with a total value of $121,725.00. Following 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the sale, the executive vice president directly owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. The trade was a 17.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.80% of the company’s stock.
Floor & Decor Stock Down 1.1%
Floor & Decor stock opened at $52.54 on Wednesday. Floor & Decor Holdings, Inc. has a 52-week low of $42.64 and a 52-week high of $92.40. The firm has a fifty day moving average of $49.85 and a 200-day moving average of $59.02. The firm has a market capitalization of $5.67 billion, a P/E ratio of 28.55, a PEG ratio of 4.57 and a beta of 1.62.
Floor & Decor (NYSE:FND – Get Free Report) last released its quarterly earnings data 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). 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%.Floor & Decor’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, research analysts expect that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.
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.
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