Baillie Gifford & Co. Reduces Holdings in Floor & Decor Holdings, Inc. $FND

Key Points

• Baillie Gifford trimmed its stake in Floor & Decor by 3.8% in Q4, selling 62,050 shares and ending the period with 1,587,372 shares (about 1.47% ownership) valued at roughly $96.7 million.
• Several large institutions boosted positions sharply—Capital World Investors (+37.2% to 6.91M shares), Principal Financial (+46.0% to 6.40M), and Massachusetts Financial Services (+161.1% to 1.89M)—indicating rising institutional accumulation.
• Analysts have an average rating of Hold with an average target of $77.35; Floor & Decor reported a slight quarterly EPS beat and set FY2026 guidance of $1.98–$2.18, while the stock trades near $50 with a P/E of about 26.

Baillie Gifford & Co. lowered its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,587,372 shares of the company's stock after selling 62,050 shares during the period. Baillie Gifford & Co. owned approximately 1.47% of Floor & Decor worth $96,655,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Capital World Investors raised its stake in shares of Floor & Decor by 37.2% during the third quarter. Capital World Investors now owns 6,914,316 shares of the company's stock valued at $509,589,000 after purchasing an additional 1,872,892 shares during the period. Principal Financial Group Inc. grew its position in shares of Floor & Decor by 46.0% during the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company's stock worth $471,567,000 after buying an additional 2,015,999 shares in the last quarter. State Street Corp grew its position in shares of Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company's stock worth $289,527,000 after buying an additional 42,636 shares in the last quarter. Wasatch Advisors LP grew its position in shares of Floor & Decor by 19.2% during the second quarter. Wasatch Advisors LP now owns 2,717,183 shares of the company's stock worth $206,397,000 after buying an additional 437,396 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Floor & Decor by 161.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,893,048 shares of the company's stock worth $115,268,000 after buying an additional 1,168,084 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FND. JPMorgan Chase & Co. decreased their price target on shares of Floor & Decor from $85.00 to $78.00 and set a "neutral" rating for the company in a research report on Friday, February 20th. Barclays raised their price target on shares of Floor & Decor from $70.00 to $77.00 and gave the stock an "equal weight" rating in a research report on Friday, February 20th. Piper Sandler reissued an "overweight" rating and set a $80.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Mizuho decreased their price target on shares of Floor & Decor from $76.00 to $72.00 and set a "neutral" rating for the company in a research report on Friday, February 20th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Floor & Decor in a research report on Wednesday, January 28th. Six equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $77.35.

Floor & Decor Stock Performance

Floor & Decor stock opened at $50.07 on Tuesday. The company has a market cap of $5.40 billion, a PE ratio of 26.08, a P/E/G ratio of 1.76 and a beta of 1.82. The company has a fifty day moving average price of $59.98 and a two-hundred day moving average price of $64.26. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34. Floor & Decor Holdings, Inc. has a 12 month low of $46.47 and a 12 month high of $92.40.

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