Eminence Capital LP Buys 24,972 Shares of Floor & Decor Holdings, Inc. $FND

Key Points

• Eminence Capital increased its stake in Floor & Decor by 16.2%, buying 24,972 shares to hold 178,686 shares (about 0.17% of the company) worth roughly $13.17 million per its latest SEC filing.
• Floor & Decor reported Q results with EPS of $0.36 beating the $0.35 estimate and revenue of $1.13 billion in line with expectations, and set FY2026 guidance of $1.98–$2.18 per share (analysts expect ~2.0 EPS).
• Analysts have a consensus rating of "Hold" with an average price target of $78.24 (six Buys, thirteen Holds, one Sell), versus the stock's recent trading in the mid‑$50s/low‑$60s and a 12‑month high of $92.40.

Eminence Capital LP lifted its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 16.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,686 shares of the company's stock after buying an additional 24,972 shares during the period. Eminence Capital LP owned approximately 0.17% of Floor & Decor worth $13,169,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FND. State of Wyoming purchased a new position in Floor & Decor in the 2nd quarter worth approximately $46,000. Steph & Co. bought a new stake in Floor & Decor in the third quarter valued at approximately $48,000. Mather Group LLC. purchased a new stake in shares of Floor & Decor during the third quarter valued at approximately $49,000. Bank of Jackson Hole Trust boosted its stake in shares of Floor & Decor by 37.7% during the third quarter. Bank of Jackson Hole Trust now owns 679 shares of the company's stock valued at $50,000 after purchasing an additional 186 shares during the period. Finally, AlphaQuest LLC grew its holdings in shares of Floor & Decor by 27.2% in the third quarter. AlphaQuest LLC now owns 805 shares of the company's stock worth $59,000 after purchasing an additional 172 shares during the last quarter.

Analysts Set New Price Targets

A number of research firms recently commented on FND. Stifel Nicolaus lowered their price target on shares of Floor & Decor from $92.00 to $90.00 and set a "buy" rating for the company in a report on Tuesday, December 16th. Zacks Research upgraded shares of Floor & Decor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, November 25th. Barclays upped their price objective on shares of Floor & Decor from $70.00 to $77.00 and gave the company an "equal weight" rating in a research note on Friday, February 20th. Telsey Advisory Group reiterated an "outperform" rating and set a $80.00 target price on shares of Floor & Decor in a report on Friday, February 20th. Finally, TD Cowen cut their target price on Floor & Decor from $80.00 to $75.00 and set a "hold" rating on the stock in a research note on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Floor & Decor has a consensus rating of "Hold" and an average price target of $78.24.

Floor & Decor Stock Up 2.3%

Shares of Floor & Decor stock opened at $57.01 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a 12-month low of $55.11 and a 12-month high of $92.40. The company has a market cap of $6.15 billion, a P/E ratio of 29.69, a PEG ratio of 1.94 and a beta of 1.72. The company's fifty day simple moving average is $68.41 and its two-hundred day simple moving average is $69.23.

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