23,268 Shares in Floor & Decor Holdings, Inc. $FND Purchased by Tabor Asset Management LP

Key Points

• Tabor Asset Management purchased a new stake of 23,268 shares in Floor & Decor (NYSE:FND) in Q3, valued at about $1.715 million according to the firm's 13F filing.
• Other institutions also shifted positions—TimesSquare Capital holds 508,642 shares (~$38.6M) and UBS Asset Management increased its stake to 339,833 shares—showing notable institutional activity in FND.
• Analysts have an average "Hold" rating with a $78.24 consensus price target; FND reported Q results of $0.36 EPS (beat by $0.01) on $1.13B revenue (+2% YoY), set FY26 guidance of $1.98–$2.18 EPS, and trades at a market cap of about $6.45B (P/E 31.16).

Tabor Asset Management LP bought a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,268 shares of the company's stock, valued at approximately $1,715,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FND. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Floor & Decor by 9.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company's stock valued at $27,346,000 after acquiring an additional 30,195 shares during the last quarter. Penserra Capital Management LLC increased its stake in Floor & Decor by 23.1% during the second quarter. Penserra Capital Management LLC now owns 3,424 shares of the company's stock worth $260,000 after purchasing an additional 643 shares during the period. King Luther Capital Management Corp lifted its holdings in Floor & Decor by 40.9% during the 2nd quarter. King Luther Capital Management Corp now owns 16,442 shares of the company's stock worth $1,249,000 after buying an additional 4,776 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Floor & Decor by 4.4% in the second quarter. ProShare Advisors LLC now owns 4,770 shares of the company's stock valued at $362,000 after acquiring an additional 202 shares in the last quarter. Finally, TimesSquare Capital Management LLC raised its position in Floor & Decor by 1.8% in the 2nd quarter. TimesSquare Capital Management LLC now owns 508,642 shares of the company's stock valued at $38,636,000 after purchasing an additional 8,935 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FND shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $80.00 price objective on shares of Floor & Decor in a research report on Friday, February 20th. Morgan Stanley reduced their price objective on Floor & Decor from $90.00 to $88.00 and set an "equal weight" rating for the company in a research note on Thursday, January 15th. Zacks Research upgraded shares of Floor & Decor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, November 25th. Piper Sandler reiterated an "overweight" rating and issued a $80.00 price objective on shares of Floor & Decor in a research note on Friday, February 20th. Finally, Barclays lifted their price target on Floor & Decor from $70.00 to $77.00 and gave the stock an "equal weight" rating in a research note on Friday, February 20th. Six investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $78.24.

Floor & Decor Stock Down 0.5%

Shares of Floor & Decor stock opened at $59.82 on Tuesday. The stock has a market cap of $6.45 billion, a price-to-earnings ratio of 31.16, a price-to-earnings-growth ratio of 2.04 and a beta of 1.72. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a twelve month low of $55.11 and a twelve month high of $95.83. The company has a fifty day moving average price of $68.72 and a 200 day moving average price of $69.88.

Floor & Decor (NYSE:FND - Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the prior year, the company posted $0.44 EPS. Floor & Decor's quarterly revenue was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Equities research analysts forecast that Floor & Decor Holdings, Inc. will post 2 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.

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