Man Group plc Acquires New Shares in Interface, Inc. $TILE

Posted by George Bondi on Sep 3rd, 2026

Man Group plc acquired a new position in shares of Interface, Inc. (NASDAQ:TILE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 44,129 shares of the textile maker’s stock, valued at approximately $1,582,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ProShare Advisors LLC grew its stake in Interface by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 11,282 shares of the textile maker’s stock valued at $315,000 after acquiring an additional 349 shares during the period. Larson Financial Group LLC raised its position in shares of Interface by 30.8% during the fourth quarter. Larson Financial Group LLC now owns 1,538 shares of the textile maker’s stock worth $43,000 after purchasing an additional 362 shares during the period. Los Angeles Capital Management LLC raised its position in shares of Interface by 0.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 58,483 shares of the textile maker’s stock worth $1,560,000 after purchasing an additional 403 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Interface by 2.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,953 shares of the textile maker’s stock valued at $722,000 after purchasing an additional 495 shares in the last quarter. Finally, Arjuna Capital lifted its holdings in shares of Interface by 2.3% during the 4th quarter. Arjuna Capital now owns 22,650 shares of the textile maker’s stock valued at $632,000 after purchasing an additional 509 shares in the last quarter. 98.34% of the stock is currently owned by institutional investors.

Interface Stock Down 0.4%

TILE stock opened at $36.85 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.53 and a quick ratio of 1.35. The stock has a market capitalization of $2.14 billion, a P/E ratio of 14.92, a P/E/G ratio of 1.05 and a beta of 1.92. Interface, Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $40.50. The business has a 50-day moving average of $35.66 and a 200-day moving average of $31.19.

Interface (NASDAQ:TILE – Get Free Report) last announced its earnings results on Friday, August 7th. The textile maker reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.Interface’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS. On average, sell-side analysts anticipate that Interface, Inc. will post 2.36 earnings per share for the current fiscal year.

Interface Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be issued a $0.03 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Interface’s dividend payout ratio (DPR) is 4.86%.

Insider Activity

In other news, CEO Laurel Hurd sold 7,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $39.09, for a total value of $273,630.00. Following the sale, the chief executive officer owned 506,978 shares of the company’s stock, valued at $19,817,770.02. The trade was a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.47% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Barrington Research increased their target price on Interface from $36.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Interface from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Zacks Research upgraded shares of Interface from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Wall Street Zen downgraded shares of Interface from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Benchmark began coverage on shares of Interface in a research report on Tuesday, May 19th. They set a “buy” rating and a $36.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Interface presently has an average rating of “Buy” and a consensus target price of $40.50.

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Interface Company Profile

(Free Report)

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.