95,000 Shares in Builders FirstSource, Inc. $BLDR Acquired by Strs Ohio

Key Points

• Strs Ohio has acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR), purchasing 95,000 shares valued at approximately $11.87 million.
• Various institutional investors have increased their holdings in Builders FirstSource, with 95.53% of the stock owned by such entities.
• Recent analyst reports show mixed ratings for Builders FirstSource, with an average rating of "Moderate Buy" and a consensus price target of $154.44.

Strs Ohio acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 95,000 shares of the company's stock, valued at approximately $11,869,000. Strs Ohio owned approximately 0.09% of Builders FirstSource at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC acquired a new position in Builders FirstSource in the 1st quarter valued at $225,000. Focus Partners Wealth grew its position in Builders FirstSource by 2.0% during the 1st quarter. Focus Partners Wealth now owns 21,728 shares of the company's stock worth $2,715,000 after acquiring an additional 427 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Builders FirstSource by 14.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 640,858 shares of the company's stock worth $80,069,000 after acquiring an additional 82,588 shares during the last quarter. Woodline Partners LP grew its position in shares of Builders FirstSource by 40.7% in the 1st quarter. Woodline Partners LP now owns 9,723 shares of the company's stock valued at $1,215,000 after buying an additional 2,812 shares during the last quarter. Finally, MBB Public Markets I LLC bought a new stake in shares of Builders FirstSource in the 1st quarter valued at about $301,000. 95.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BLDR has been the topic of a number of analyst reports. Royal Bank Of Canada lowered Builders FirstSource from an "outperform" rating to a "sector perform" rating and reduced their price target for the company from $132.00 to $129.00 in a research report on Friday, August 1st. Stifel Nicolaus upped their price target on Builders FirstSource from $118.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, August 1st. Oppenheimer set a $155.00 price objective on Builders FirstSource and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Wedbush lowered their price objective on Builders FirstSource from $190.00 to $145.00 and set an "outperform" rating for the company in a research note on Friday, June 20th. Finally, Robert W. Baird lowered Builders FirstSource from an "outperform" rating to a "neutral" rating and reduced their target price for the company from $145.00 to $130.00 in a report on Friday, August 1st. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $154.44.

Builders FirstSource Price Performance

NYSE:BLDR opened at $142.74 on Friday. The firm has a market capitalization of $15.78 billion, a price-to-earnings ratio of 21.66, a P/E/G ratio of 15.52 and a beta of 1.61. Builders FirstSource, Inc. has a 52-week low of $102.60 and a 52-week high of $203.14. The stock has a fifty day moving average of $135.07 and a 200 day moving average of $124.89. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.03. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The firm's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the company earned $3.50 earnings per share. Builders FirstSource has set its FY 2025 guidance at EPS. On average, research analysts expect that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.

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