Luma Capital S.A. SPF Buys Shares of 60,200 Floor & Decor Holdings, Inc. $FND

Key Points

• Luma Capital S.A. SPF opened a new position in Floor & Decor by purchasing 60,200 shares worth about $3.67 million, representing ~3.4% of its portfolio and roughly 0.06% of FND outstanding.
• Other institutions also boosted stakes — most notably Invesco added 444,290 shares (up 290.8%) to hold 597,083 shares, while State Street now owns ~3.81 million shares, indicating growing institutional interest.
• Analysts have a consensus rating of Hold with a $77.35 target; FND trades around $51.64 (1-year range $46.47–$92.40), has a $5.57B market cap, and FY2026 guidance of 1.98–2.18 EPS (sell-side ~2 EPS expected).

Luma Capital S.A. SPF purchased a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 60,200 shares of the company's stock, valued at approximately $3,666,000. Floor & Decor makes up approximately 3.4% of Luma Capital S.A. SPF's portfolio, making the stock its 10th biggest position. Luma Capital S.A. SPF owned about 0.06% of Floor & Decor as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Floor & Decor by 9.8% during 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 period. Invesco Ltd. grew its holdings in Floor & Decor by 290.8% during the second quarter. Invesco Ltd. now owns 597,083 shares of the company's stock valued at $45,354,000 after purchasing an additional 444,290 shares during the last quarter. California Public Employees Retirement System raised its position in shares of Floor & Decor by 12.7% in the second quarter. California Public Employees Retirement System now owns 140,132 shares of the company's stock valued at $10,644,000 after purchasing an additional 15,821 shares during the period. State Street Corp lifted its stake in shares of Floor & Decor by 1.1% in the second quarter. State Street Corp now owns 3,811,571 shares of the company's stock worth $289,527,000 after buying an additional 42,636 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Floor & Decor by 33.9% in the second quarter. Sei Investments Co. now owns 343,573 shares of the company's stock worth $26,098,000 after buying an additional 87,013 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FND. JPMorgan Chase & Co. lowered their target price on shares of Floor & Decor from $85.00 to $78.00 and set a "neutral" rating on the stock in a research note on Friday, February 20th. TD Cowen cut their target price on shares of Floor & Decor from $75.00 to $60.00 and set a "hold" rating for the company in a research report on Monday, March 30th. Barclays upped their price target 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. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $64.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Finally, Stifel Nicolaus cut their price objective on Floor & Decor from $92.00 to $90.00 and set a "buy" rating for the company in a research report on Tuesday, December 16th. Six equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Floor & Decor has an average rating of "Hold" and a consensus target price of $77.35.

Floor & Decor Trading Down 1.8%

Shares of FND stock opened at $51.64 on Friday. Floor & Decor Holdings, Inc. has a 1 year low of $46.47 and a 1 year high of $92.40. The firm's fifty day simple moving average is $60.29 and its 200 day simple moving average is $64.55. The firm has a market capitalization of $5.57 billion, a P/E ratio of 26.89, a price-to-earnings-growth ratio of 1.76 and a beta of 1.82. 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 (NYSE:FND - Get Free Report) last issued its quarterly 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. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, sell-side analysts predict 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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