Builders FirstSource, Inc. $BLDR Shares Bought by Vaughan Nelson Investment Management L.P.

Key Points

• Vaughan Nelson Investment Management L.P. increased its holdings in Builders FirstSource by 28.7%, amounting to a total of 8,845 shares valued at approximately $1,032,000 as of the latest SEC filing.
• The consensus average target price for Builders FirstSource shares is set at $151.50, with 11 analysts giving a Buy rating, while 9 have rated the stock as Hold.
• Despite reporting $2.38 EPS for the last quarter, Builders FirstSource saw a 5.0% year-over-year decline in revenue, totaling $4.23 billion, falling short of analysts' expectations.

Vaughan Nelson Investment Management L.P. raised its holdings in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 28.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,845 shares of the company's stock after buying an additional 1,975 shares during the period. Vaughan Nelson Investment Management L.P.'s holdings in Builders FirstSource were worth $1,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. IMA Advisory Services Inc. acquired a new stake in Builders FirstSource in the first quarter valued at $31,000. CX Institutional acquired a new stake in Builders FirstSource in the first quarter valued at $45,000. Mather Group LLC. raised its stake in Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company's stock valued at $74,000 after buying an additional 98 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Builders FirstSource by 21.0% in the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company's stock valued at $78,000 after buying an additional 109 shares in the last quarter. Finally, New Age Alpha Advisors LLC raised its stake in Builders FirstSource by 22.8% in the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company's stock valued at $80,000 after buying an additional 119 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on BLDR. KeyCorp set a $145.00 price target on Builders FirstSource in a research note on Wednesday. Robert W. Baird cut Builders FirstSource from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $145.00 to $130.00 in a research report on Friday, August 1st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Builders FirstSource in a research report on Saturday, September 27th. Wall Street Zen upgraded Builders FirstSource from a "sell" rating to a "hold" rating in a research report on Saturday, August 30th. Finally, Royal Bank Of Canada cut Builders FirstSource from an "outperform" rating to a "sector perform" rating and cut their target price for the stock from $132.00 to $129.00 in a research report on Friday, August 1st. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Builders FirstSource has an average rating of "Hold" and a consensus target price of $151.50.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $128.67 on Friday. The stock has a market capitalization of $14.22 billion, a PE ratio of 19.52, a price-to-earnings-growth ratio of 14.39 and a beta of 1.62. Builders FirstSource, Inc. has a 52-week low of $102.60 and a 52-week high of $201.53. The stock's 50-day moving average price is $133.79 and its 200 day moving average price is $124.23. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12.

Builders FirstSource (NYSE:BLDR - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $4.23 billion for the quarter, compared to analysts' expectations of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The firm's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, equities research analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current 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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