Builders FirstSource, Inc. $BLDR Shares Purchased by Whittier Trust Co. of Nevada Inc.

Key Points

• Whittier Trust Co. of Nevada Inc. increased its stake in Builders FirstSource, Inc. by 3.2%, owning 74,510 shares valued at approximately $8.69 million.
• Builders FirstSource reported $2.38 EPS for the last quarter, exceeding estimates, with revenue of $4.23 billion, down 5% from the previous year.
• The stock of Builders FirstSource has received mixed ratings from analysts, with an average target price of $145.19 and ten analysts rating it as a Buy.

Whittier Trust Co. of Nevada Inc. increased its stake in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,510 shares of the company's stock after purchasing an additional 2,333 shares during the quarter. Whittier Trust Co. of Nevada Inc. owned 0.07% of Builders FirstSource worth $8,694,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BLDR. GAMMA Investing LLC boosted its position in shares of Builders FirstSource by 68.5% during the 1st quarter. GAMMA Investing LLC now owns 1,949 shares of the company's stock worth $244,000 after acquiring an additional 792 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Builders FirstSource by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 13,484 shares of the company's stock worth $1,684,000 after acquiring an additional 360 shares in the last quarter. PFG Investments LLC boosted its position in shares of Builders FirstSource by 30.1% during the 1st quarter. PFG Investments LLC now owns 1,921 shares of the company's stock worth $240,000 after acquiring an additional 445 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Builders FirstSource during the 1st quarter worth about $411,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Builders FirstSource by 18.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,010 shares of the company's stock worth $2,500,000 after acquiring an additional 3,131 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Builders FirstSource Stock Down 0.1%

BLDR opened at $122.44 on Tuesday. The business has a 50 day moving average price of $132.57 and a two-hundred day moving average price of $124.07. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12. The company has a market cap of $13.53 billion, a PE ratio of 18.58, a P/E/G ratio of 13.72 and a beta of 1.62. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $194.79.

Builders FirstSource (NYSE:BLDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.35 by $0.03. The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate 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 was down 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BLDR. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $134.00 price objective on shares of Builders FirstSource in a research report on Friday, August 1st. Vertical Research initiated coverage on Builders FirstSource in a research report on Monday. They issued a "sell" rating and a $109.41 target price for the company. Stifel Nicolaus upped their target price on Builders FirstSource from $118.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, August 1st. Barclays decreased their target price on Builders FirstSource from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, August 1st. Finally, DA Davidson decreased their target price on Builders FirstSource from $135.00 to $125.00 and set a "neutral" rating for the company in a research report on Monday, August 4th. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Builders FirstSource currently has an average rating of "Hold" and an average target price of $145.19.

Builders FirstSource Company 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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