WINTON GROUP Ltd Makes New $5.62 Million Investment in Floor & Decor Holdings, Inc. $FND

WINTON GROUP Ltd purchased a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,734 shares of the company’s stock, valued at approximately $5,623,000. WINTON GROUP Ltd owned approximately 0.09% of Floor & Decor as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Floor & Decor by 9.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock worth $27,346,000 after purchasing an additional 30,195 shares in the last quarter. Invesco Ltd. raised its position in Floor & Decor by 290.8% in the second quarter. Invesco Ltd. now owns 597,083 shares of the company’s stock valued at $45,354,000 after purchasing an additional 444,290 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Floor & Decor by 12.7% during the second quarter. California Public Employees Retirement System now owns 140,132 shares of the company’s stock valued at $10,644,000 after purchasing an additional 15,821 shares in the last quarter. State Street Corp grew its holdings in shares of Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after purchasing an additional 42,636 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Floor & Decor by 33.9% during the second quarter. Sei Investments Co. now owns 343,573 shares of the company’s stock worth $26,098,000 after purchasing an additional 87,013 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FND. Citigroup reiterated a “neutral” rating on shares of Floor & Decor in a report on Thursday, July 16th. Wolfe Research reissued an “underperform” rating and set a $41.00 target price on shares of Floor & Decor in a report on Tuesday, July 21st. TD Cowen restated a “hold” rating on shares of Floor & Decor in a research report on Monday, August 3rd. Morgan Stanley raised their price target on shares of Floor & Decor from $56.00 to $64.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company lifted their price target on shares of Floor & Decor from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Floor & Decor has an average rating of “Hold” and an average target price of $59.42.

Floor & Decor Price Performance

Shares of FND opened at $46.88 on Friday. The business has a 50-day moving average of $55.17 and a 200-day moving average of $53.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 21.80, a price-to-earnings-growth ratio of 3.86 and a beta of 1.55. Floor & Decor Holdings, Inc. has a 1 year low of $42.64 and a 1 year high of $92.40.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current year.

Insider Activity at Floor & Decor

In other news, insider Thomas V. Taylor sold 218,189 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.80% of the company’s stock.

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.