Comerica Bank Cuts Stake in Builders FirstSource, Inc. $BLDR

Key Points

• Comerica Bank cut its stake by 87.4%, selling 203,008 shares and retaining 29,204 shares in Builders FirstSource valued at about $3.005 million at quarter‑end.
• Builders FirstSource reported a Q1 EPS miss of $0.27 versus $0.39 expected and revenue of $3.29B (down 10.1% YoY) amid margin pressure, and its board approved a $500 million share buyback (up to 5.4% of shares).
• Multiple analysts trimmed price targets, leaving an average consensus rating of "Hold" with a $102.45 average target, while the stock trades near a one‑year low around $73.71.

Comerica Bank cut its stake in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 87.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,204 shares of the company's stock after selling 203,008 shares during the quarter. Comerica Bank's holdings in Builders FirstSource were worth $3,005,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in BLDR. Integrated Wealth Concepts LLC raised its position in Builders FirstSource by 9.3% in the first quarter. Integrated Wealth Concepts LLC now owns 3,460 shares of the company's stock valued at $432,000 after purchasing an additional 295 shares during the period. Woodline Partners LP raised its position in Builders FirstSource by 40.7% in the first quarter. Woodline Partners LP now owns 9,723 shares of the company's stock valued at $1,215,000 after purchasing an additional 2,812 shares during the period. EverSource Wealth Advisors LLC raised its position in Builders FirstSource by 180.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,582 shares of the company's stock valued at $185,000 after purchasing an additional 1,017 shares during the period. Baird Financial Group Inc. raised its position in Builders FirstSource by 230.7% in the second quarter. Baird Financial Group Inc. now owns 18,942 shares of the company's stock valued at $2,210,000 after purchasing an additional 13,215 shares during the period. Finally, Jump Financial LLC raised its position in Builders FirstSource by 144.1% in the second quarter. Jump Financial LLC now owns 7,223 shares of the company's stock valued at $843,000 after purchasing an additional 4,264 shares during the period. 95.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on BLDR. Barclays cut their price objective on Builders FirstSource from $114.00 to $93.00 and set an "overweight" rating on the stock in a research report on Friday. Stephens cut their price objective on Builders FirstSource from $125.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, April 27th. Benchmark cut their price objective on Builders FirstSource from $138.00 to $105.00 and set a "buy" rating on the stock in a research report on Friday. Loop Capital cut their price objective on Builders FirstSource from $140.00 to $110.00 in a research report on Friday. Finally, Bank of America cut their price objective on Builders FirstSource from $123.00 to $100.00 and set a "neutral" rating on the stock in a research report on Monday, April 20th. Nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Builders FirstSource currently has an average rating of "Hold" and an average price target of $102.45.

Insider Activity

In other Builders FirstSource news, Director Paul S. Levy bought 50,000 shares of the company's stock in a transaction dated Friday, March 13th. The shares were acquired at an average cost of $87.73 per share, with a total value of $4,386,500.00. Following the completion of the transaction, the director owned 1,727,191 shares in the company, valued at $151,526,466.43. The trade was a 2.98% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.70% of the company's stock.

Key Headlines Impacting Builders FirstSource

Here are the key news stories impacting Builders FirstSource this week:

• Neutral Sentiment: Analysts' consensus remains tepid: the street now shows an average "Hold" on BLDR, signaling limited near‑term enthusiasm from analysts. Builders FirstSource, Inc. NYSE: BLDR Receives Average Recommendation of "Hold" from Analysts
• Negative Sentiment: Operational pressure: a recent Q1 deep‑dive notes persistent margin compression driven by housing weakness and rising costs — a fundamental headwind to near‑term profitability. BLDR Q1 Deep Dive: Margin Pressures Persist Amid Housing Weakness and Cost Headwinds
• Negative Sentiment: Deutsche Bank cut its price target to $81 (from $102) and kept a Hold rating — a sizable downward revision that trims analyst upside and likely weighs on sentiment. Deutsche Bank adjusts Builders FirstSource PT to $81 from $102, maintains Hold rating
• Negative Sentiment: Wells Fargo lowered its price target to $85, another cut that narrows the gap between expectations and current share levels. Wells Fargo & Company Lowers Builders FirstSource NYSE: BLDR Price Target to $85.00
• Negative Sentiment: Royal Bank of Canada trimmed its target to $107 — still above the current price but reduced — reflecting a downgrade in expected recovery. Royal Bank Of Canada Lowers Builders FirstSource NYSE: BLDR Price Target to $107.00
• Negative Sentiment: Multiple houses (Loop Capital, Robert W. Baird) have lowered expectations for BLDR, and Raymond James issued a pessimistic forecast — signaling broad analyst skepticism. Consolidated analyst coverage links (Loop Capital, Baird, Raymond James)

Builders FirstSource Stock Down 2.7%

Shares of NYSE BLDR opened at $73.71 on Tuesday. Builders FirstSource, Inc. has a 1 year low of $73.50 and a 1 year high of $151.03. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 2.35 and a beta of 1.49. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.09 and a current ratio of 1.76. The stock's 50-day simple moving average is $89.22 and its 200-day simple moving average is $104.78.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by ($0.12). Builders FirstSource had a return on equity of 14.89% and a net margin of 1.97%.The business had revenue of $3.29 billion for the quarter, compared to analysts' expectations of $3.17 billion. During the same period in the previous year, the firm posted $1.51 earnings per share. The firm's revenue was down 10.1% compared to the same quarter last year. As a group, equities analysts anticipate that Builders FirstSource, Inc. will post 5.43 earnings per share for the current fiscal year.

Builders FirstSource declared that its board has approved a share buyback program on Thursday, April 30th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company's core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.

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