Floor & Decor Holdings, Inc. $FND Shares Sold by Capital International Investors

Key Points

• Capital International Investors cut its stake in Floor & Decor (FND) by 18.7%, selling 306,955 shares to hold 1,331,888 shares (about 1.24% ownership) valued at roughly $98.16M.
• Analysts show a consensus "Hold" rating with a mean target of $78.24; recent notes include Piper Sandler and Telsey at $80, JPMorgan cutting to $78, and Barclays raising to $77.
• Quarterly results beat EPS estimates at $0.36 versus $0.35 on $1.13B revenue, the company set FY2026 guidance of $1.98–$2.18 EPS, and the stock has a market cap near $6.27B.

Capital International Investors lowered its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 18.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,331,888 shares of the company's stock after selling 306,955 shares during the period. Capital International Investors owned 1.24% of Floor & Decor worth $98,162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FND. State of Wyoming purchased a new stake in shares of Floor & Decor during the second quarter valued at $46,000. Steph & Co. purchased a new position in Floor & Decor in the 3rd quarter worth $48,000. Mather Group LLC. acquired a new stake in Floor & Decor during the 3rd quarter worth about $49,000. Bank of Jackson Hole Trust grew its stake in Floor & Decor by 37.7% during the 3rd 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 last quarter. Finally, AlphaQuest LLC grew its stake in Floor & Decor by 27.2% during the 3rd quarter. AlphaQuest LLC now owns 805 shares of the company's stock valued at $59,000 after purchasing an additional 172 shares during the last quarter.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Piper Sandler restated an "overweight" rating and issued a $80.00 price objective on shares of Floor & Decor in a research note on Friday, February 20th. JPMorgan Chase & Co. dropped their target price 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. Telsey Advisory Group reiterated an "outperform" rating and issued a $80.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Zacks Research raised shares of Floor & Decor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, November 25th. Finally, 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 report 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 company's stock. According to data from MarketBeat, Floor & Decor presently has an average rating of "Hold" and a consensus target price of $78.24.

Floor & Decor Price Performance

Floor & Decor stock opened at $58.08 on Thursday. The stock has a market capitalization of $6.27 billion, a P/E ratio of 30.25, a P/E/G ratio of 2.03 and a beta of 1.72. The company's fifty day moving average price is $68.63 and its 200 day moving average price is $69.60. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. Floor & Decor Holdings, Inc. has a 1 year low of $55.11 and a 1 year high of $93.93.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.36 earnings per share 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 analysts' expectations of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.