Focus Partners Wealth Has $41.15 Million Position in Floor & Decor Holdings, Inc. $FND

Focus Partners Wealth increased its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 965.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 675,798 shares of the company’s stock after purchasing an additional 612,387 shares during the quarter. Focus Partners Wealth’s holdings in Floor & Decor were worth $41,149,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cibc World Market Inc. lifted its stake in Floor & Decor by 1.6% in the fourth quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock valued at $563,000 after acquiring an additional 146 shares during the last quarter. Fifth Third Bancorp lifted its stake in Floor & Decor by 19.0% in the third quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock valued at $84,000 after acquiring an additional 182 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Floor & Decor by 50.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock valued at $34,000 after acquiring an additional 186 shares during the last quarter. Capital Analysts LLC lifted its stake in Floor & Decor by 32.2% in the fourth quarter. Capital Analysts LLC now owns 767 shares of the company’s stock valued at $47,000 after acquiring an additional 187 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its stake in Floor & Decor by 35.5% in the fourth quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock valued at $44,000 after acquiring an additional 189 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on FND shares. Bank of America cut shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 target price for the company. in a research note on Friday, April 17th. Wells Fargo & Company reduced their price objective on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. UBS Group reduced their price objective on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Zacks Research cut shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Finally, Barclays reduced their price objective on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $59.17.

Floor & Decor Stock Performance

FND opened at $53.11 on Tuesday. The firm’s 50-day simple moving average is $49.75 and its 200-day simple moving average is $59.11. Floor & Decor Holdings, Inc. has a twelve month low of $42.64 and a twelve month high of $92.40. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 28.86, a PEG ratio of 4.59 and a beta of 1.62.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the company posted $0.46 EPS. The firm’s revenue for the quarter 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, sell-side analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Insider Transactions at Floor & Decor

In other news, CFO Bryan Langley bought 2,500 shares of the stock in a transaction dated Monday, May 4th. The shares were acquired at an average price of $48.69 per share, with a total value of $121,725.00. Following the acquisition, the chief financial officer owned 42,016 shares in the company, valued at $2,045,759.04. This trade represents a 6.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Bradley Paulsen bought 5,000 shares of the stock in a transaction dated Monday, May 4th. The stock was purchased at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the acquisition, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. The trade was a 6.25% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.80% of the stock is owned by insiders.

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.