Janus Henderson Group PLC boosted its position in shares of Interface, Inc. (NASDAQ:TILE – Free Report) by 195.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,021 shares of the textile maker’s stock after buying an additional 49,590 shares during the period. Janus Henderson Group PLC’s holdings in Interface were worth $1,869,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Fuller & Thaler Asset Management Inc. lifted its position in shares of Interface by 133.9% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,008,260 shares of the textile maker’s stock valued at $56,071,000 after acquiring an additional 1,149,733 shares in the last quarter. UBS Group AG increased its position in shares of Interface by 413.8% during the fourth quarter. UBS Group AG now owns 499,035 shares of the textile maker’s stock worth $13,933,000 after purchasing an additional 401,912 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of Interface by 273.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 386,828 shares of the textile maker’s stock worth $10,800,000 after purchasing an additional 283,152 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Interface by 2,333.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 280,986 shares of the textile maker’s stock valued at $7,845,000 after purchasing an additional 269,439 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Interface by 107.6% in the 1st quarter. Renaissance Technologies LLC now owns 460,156 shares of the textile maker’s stock valued at $11,467,000 after purchasing an additional 238,515 shares during the last quarter. Institutional investors and hedge funds own 98.34% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on TILE shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Interface in a research note on Wednesday, June 17th. Zacks Research cut shares of Interface from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Wall Street Zen raised shares of Interface from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Benchmark began coverage on shares of Interface in a research note on Tuesday, May 19th. They set a “buy” rating and a $36.00 price objective for the company. Finally, Barrington Research reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Interface in a research note on Friday, April 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Interface currently has an average rating of “Moderate Buy” and a consensus target price of $36.00.
Insider Transactions at Interface
In other Interface news, VP David B. Foshee sold 44,393 shares of Interface stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $29.00, for a total transaction of $1,287,397.00. Following the transaction, the vice president directly owned 175,014 shares of the company’s stock, valued at $5,075,406. The trade was a 20.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bruce Andrew Hausmann sold 50,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $29.66, for a total transaction of $1,483,000.00. Following the completion of the transaction, the chief financial officer owned 119,256 shares in the company, valued at $3,537,132.96. The trade was a 29.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.47% of the stock is owned by insiders.
Interface Stock Performance
NASDAQ TILE opened at $38.29 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.35 and a current ratio of 2.53. The stock’s fifty day moving average is $33.08 and its two-hundred day moving average is $30.46. The firm has a market capitalization of $2.22 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 1.21 and a beta of 1.90. Interface, Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $40.50.
Interface (NASDAQ:TILE – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The textile maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.64 by $0.24. The business had revenue of $395.70 million for the quarter, compared to analyst estimates of $391.22 million. Interface had a return on equity of 21.77% and a net margin of 10.10%.The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 EPS. On average, research analysts anticipate that Interface, Inc. will post 2.11 earnings per share for the current year.
Interface Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, June 5th. Interface’s dividend payout ratio (DPR) is presently 4.86%.
Key Stories Impacting Interface
Here are the key news stories impacting Interface this week:
- Positive Sentiment: Significant earnings beat: Adjusted earnings were $0.88 per share, well above the $0.63-$0.64 analyst consensus and up from $0.60 a year earlier. Interface Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Revenue exceeded expectations: Second-quarter sales totaled approximately $395.7 million, up 5.4% year over year and ahead of the roughly $391.2 million consensus estimate. Currency-neutral growth was 3.8%. Interface Reports Second Quarter 2026 Results
- Positive Sentiment: Margins improved sharply: Gross margin expanded by 560 basis points, while adjusted gross margin increased 524 basis points, including 131 basis points of operational improvement. The stronger profitability supports Interface’s earnings growth and cash-generation profile. Interface Reports Second Quarter 2026 Results
- Positive Sentiment: Full-year outlook was raised: Management lifted its 2026 outlook following the stronger-than-expected quarter, reinforcing confidence in demand, execution and profitability. Full-year revenue is now expected at approximately $1.5 billion. Interface Lifts Full-Year Outlook After Strong Q2 Results
- Neutral Sentiment: Third-quarter revenue guidance: Interface projected sales of $370 million to $380 million, close to the $379 million analyst estimate. This indicates expectations are broadly in line, although the midpoint leaves limited room for another revenue surprise.
Interface Profile
Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface’s portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.
Founded in 1973 by Ray C.
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