SG Americas Securities LLC Raises Position in Floor & Decor Holdings, Inc. $FND

SG Americas Securities LLC increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 524.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,601 shares of the company’s stock after buying an additional 93,739 shares during the quarter. SG Americas Securities LLC owned about 0.10% of Floor & Decor worth $6,795,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FND. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Floor & Decor by 9.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock valued at $27,346,000 after acquiring an additional 30,195 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Floor & Decor by 0.8% during the second quarter. Franklin Resources Inc. now owns 49,769 shares of the company’s stock worth $3,780,000 after purchasing an additional 393 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of Floor & Decor by 26.9% in the second quarter. Prudential Financial Inc. now owns 10,895 shares of the company’s stock valued at $828,000 after purchasing an additional 2,310 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Floor & Decor by 5.3% in the second quarter. Russell Investments Group Ltd. now owns 117,071 shares of the company’s stock valued at $8,884,000 after purchasing an additional 5,884 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in Floor & Decor by 6.9% during the 2nd quarter. Quadrant Capital Group LLC now owns 9,087 shares of the company’s stock valued at $690,000 after purchasing an additional 586 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages have commented on FND. Morgan Stanley cut their price objective on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Telsey Advisory Group restated an “outperform” rating and set a $80.00 target price on shares of Floor & Decor in a research note on Friday, February 20th. TD Cowen cut their price target on Floor & Decor from $75.00 to $60.00 and set a “hold” rating on the stock in a research note on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a report on Wednesday, January 28th. Finally, Stifel Nicolaus lowered their price objective on Floor & Decor from $92.00 to $90.00 and set a “buy” rating for the company in a research note on Tuesday, December 16th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Floor & Decor currently has a consensus rating of “Hold” and an average target price of $77.35.

Floor & Decor Trading Up 2.7%

NYSE FND opened at $50.68 on Wednesday. The company has a market capitalization of $5.47 billion, a price-to-earnings 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. Floor & Decor Holdings, Inc. has a 12 month low of $49.23 and a 12 month high of $92.40. 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 earnings results on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate 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 company’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 EPS. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, research analysts predict that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year.

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.