Capital World Investors Raises Position in Floor & Decor Holdings, Inc. $FND

Key Points

• Capital World Investors increased its stake in Floor & Decor by 37.2% in Q3 to 6,914,316 shares (about 6.42% ownership), adding 1,872,892 shares and valuing the position at roughly $509.6 million.
• Floor & Decor posted quarterly EPS of $0.36 (beating by $0.01) on $1.13 billion of revenue and set FY2026 guidance of 1.98–2.18 EPS, in line with analysts' expectations near 2.0 EPS.
• Analysts' consensus is a Hold with a $78.24 price target; the stock trades around $59.72 (12‑month range $55.11–$93.93) and carries a market cap of $6.44 billion and a P/E of 31.1.

Capital World Investors lifted its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 37.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,914,316 shares of the company's stock after purchasing an additional 1,872,892 shares during the quarter. Capital World Investors owned about 6.42% of Floor & Decor worth $509,589,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FND. The Goldman Sachs Group reiterated a "neutral" rating and issued a $64.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Floor & Decor in a report on Wednesday, January 28th. Morgan Stanley decreased their target price on Floor & Decor from $90.00 to $88.00 and set an "equal weight" rating for the company in a report on Thursday, January 15th. Telsey Advisory Group restated an "outperform" rating and set a $80.00 target price on shares of Floor & Decor in a research report on Friday, February 20th. Finally, JPMorgan Chase & Co. lowered their price objective on Floor & Decor from $85.00 to $78.00 and set a "neutral" rating on the stock in a research report on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $78.24.

Floor & Decor Price Performance

Floor & Decor stock opened at $59.72 on Wednesday. Floor & Decor Holdings, Inc. has a 12-month low of $55.11 and a 12-month high of $93.93. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6.44 billion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 2.03 and a beta of 1.72. The company has a fifty day simple moving average of $68.69 and a 200-day simple moving average of $69.68.

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

Floor & Decor Company 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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