Floor & Decor Holdings, Inc. $FND Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 160.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,825 shares of the company’s stock after buying an additional 11,607 shares during the period. Sequoia Financial Advisors LLC’s holdings in Floor & Decor were worth $956,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FND. Littlejohn & Co. LLC acquired a new position in Floor & Decor in the 4th quarter valued at approximately $7,916,000. Black Cypress Capital Management LLC boosted its holdings in Floor & Decor by 135.0% in the fourth quarter. Black Cypress Capital Management LLC now owns 201,673 shares of the company’s stock worth $12,280,000 after purchasing an additional 115,858 shares in the last quarter. WINTON GROUP Ltd acquired a new position in Floor & Decor during the fourth quarter worth $5,163,000. Principal Financial Group Inc. increased its position in Floor & Decor by 0.4% during the fourth quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock worth $390,981,000 after buying an additional 22,636 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after buying an additional 3,881,522 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Mizuho reduced their target price on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Morgan Stanley reiterated a “positive” rating and issued a $56.00 target price on shares of Floor & Decor in a research note on Friday, May 1st. Zelman & Associates reduced their target price on Floor & Decor from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Piper Sandler reiterated an “overweight” rating on shares of Floor & Decor in a research note on Tuesday, May 26th. Finally, Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and an average price target of $59.67.

Floor & Decor Price Performance

FND stock opened at $56.73 on Friday. The company has a 50 day moving average price of $52.18 and a 200 day moving average price of $57.95. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40. The stock has a market capitalization of $6.12 billion, a PE ratio of 30.83, a price-to-earnings-growth ratio of 5.03 and a beta of 1.58.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.19 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. Floor & Decor’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, equities analysts expect that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

About Floor & Decor

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.