Fenimore Asset Management Inc Buys 126,730 Shares of Floor & Decor Holdings, Inc. $FND

Key Points

• Fenimore Asset Management increased its stake in Floor & Decor by 73.1%, buying 126,730 shares to hold 300,203 shares worth about $18.28 million (≈0.28% of the company).
• Floor & Decor missed Q1 expectations (EPS $0.37 vs. $0.42; revenue $1.15B vs. $1.19B), reported comps down ~3.7%, and set FY26 EPS guidance of $1.83–2.08 versus consensus ~2.06, driving near‑term downside risk.
• Several analysts cut ratings and price targets after the results; the consensus is a Hold with a $60.74 target, while the stock trades near $50.54.

Fenimore Asset Management Inc increased its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 73.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 300,203 shares of the company's stock after acquiring an additional 126,730 shares during the quarter. Fenimore Asset Management Inc owned about 0.28% of Floor & Decor worth $18,279,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital World Investors boosted its position in shares of Floor & Decor by 37.2% during the third quarter. Capital World Investors now owns 6,914,316 shares of the company's stock worth $509,589,000 after acquiring an additional 1,872,892 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Floor & Decor by 46.0% during the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company's stock worth $471,567,000 after acquiring an additional 2,015,999 shares during the last quarter. State Street Corp boosted its position in shares of Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company's stock worth $289,527,000 after acquiring an additional 42,636 shares during the last quarter. Wasatch Advisors LP raised its stake in Floor & Decor by 19.2% during the second quarter. Wasatch Advisors LP now owns 2,717,183 shares of the company's stock valued at $206,397,000 after purchasing an additional 437,396 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Floor & Decor by 161.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,893,048 shares of the company's stock valued at $115,268,000 after purchasing an additional 1,168,084 shares in the last quarter.

Wall Street Analyst Weigh In

FND has been the topic of a number of recent research reports. Bank of America downgraded shares of Floor & Decor from a "buy" rating to an "underperform" rating and set a $45.00 price target on the stock. in a research note on Friday, April 17th. UBS Group decreased their price target on shares of Floor & Decor from $70.00 to $55.00 and set a "neutral" rating on the stock in a research note on Friday. Wells Fargo & Company decreased their price target on shares of Floor & Decor from $70.00 to $50.00 and set an "equal weight" rating on the stock in a research note on Friday. Morgan Stanley reaffirmed a "positive" rating and set a $56.00 price target on shares of Floor & Decor in a research note on Friday. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $70.00 price target (down from $78.00) on shares of Floor & Decor in a research note on Friday. Five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Floor & Decor has a consensus rating of "Hold" and a consensus target price of $60.74.

Trending Headlines about Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Telsey Advisory remains constructive: although it cut its target, Telsey still rates FND "outperform" with a $61 target (meaning material upside from current levels), signaling at least one shop sees recovery potential. Telsey report
• Positive Sentiment: Company describes execution in a challenging demand environment — management framed results as execution against a tough big‑ticket discretionary backdrop, which may reassure investors focused on long‑term rollout/operational execution. Press release
• Neutral Sentiment: Citigroup trimmed its target to $52 and kept a "neutral" stance — modestly different from the market but not a strong sell signal. Citigroup note
• Neutral Sentiment: Full Q1 earnings call transcript and analyst writeups are available for diligence — useful for investors who want management commentary on comps, margin drivers and cadence through FY26. Earnings call transcript
• Negative Sentiment: Q1 missed estimates and outlook trimmed: EPS $0.37 vs. $0.42 est., revenue $1.15B vs. $1.19B est.; comps down ~3.7% and Q1 EPS materially below prior year — the company set FY26 EPS guidance of $1.83–2.08 vs. consensus ~2.06 and revenue guidance at $4.8–5.0B (vs. $5.0B consensus). Those misses and lowered guidance are the primary drivers of near‑term downside. Press release / results
• Negative Sentiment: Multiple analyst cuts and more cautious stances (TD Cowen to $48/hold; Wells Fargo to $50/equal weight) increase near‑term selling pressure and lower the bar for negative revisions. TD Cowen / Benzinga Wells Fargo writeup
• Negative Sentiment: Bear case highlighted: Seeking Alpha warns of persistent comp and earnings pressure, argues FND's premium multiple is at risk and models a possible downside toward ~$37/share if weak comps persist — a reminder of valuation risk if the consumer stays soft. No Turn Here

Floor & Decor Trading Up 4.4%

Shares of FND opened at $50.54 on Friday. Floor & Decor Holdings, Inc. has a twelve month low of $46.47 and a twelve month high of $92.40. The company has a market cap of $5.45 billion, a P/E ratio of 27.47, a P/E/G ratio of 3.02 and a beta of 1.63. 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 company's fifty day simple moving average is $55.44 and its 200-day simple moving average is $62.45.

Floor & Decor (NYSE:FND - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). The firm had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.47%. The company's revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 1.98 EPS for the current year.

About Floor & Decor

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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