WINTON GROUP Ltd Acquires New Shares in Floor & Decor Holdings, Inc. $FND

WINTON GROUP Ltd acquired a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) in the 4th quarter, Holdings Channel reports. The firm acquired 84,800 shares of the company’s stock, valued at approximately $5,163,000.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in Floor & Decor during the third quarter worth $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 buying an additional 247 shares in 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 buying an additional 384 shares in the last quarter. State of Wyoming purchased a new position in Floor & Decor during the second quarter worth $46,000. Finally, eCIO Inc. purchased a new position in Floor & Decor during the fourth quarter worth $41,000.

Insider Activity at Floor & Decor

In other news, CEO Bradley Paulsen bought 5,000 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer owned 85,010 shares of the company’s stock, valued at $4,271,752.50. The trade was a 6.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction on Monday, May 4th. The shares were sold at an average price of $48.28, for a total value of $733,856.00. Following the completion of the transaction, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. The trade was a 17.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on FND shares. Morgan Stanley reissued a “positive” rating and set a $56.00 price target on shares of Floor & Decor in a research report on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $64.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Citigroup dropped their price target on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Weiss Ratings downgraded Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Evercore set a $51.00 price target on Floor & Decor in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $59.17.

Floor & Decor Stock Down 3.3%

FND stock opened at $47.30 on Friday. Floor & Decor Holdings, Inc. has a 52-week low of $42.64 and a 52-week high of $92.40. The stock’s fifty day simple moving average is $49.63 and its 200-day simple moving average is $59.46. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 4.08 and a beta of 1.62.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business posted $0.46 EPS. Floor & Decor’s revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 earnings per share 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.