Massachusetts Financial Services Co. MA Has $115.27 Million Stake in Floor & Decor Holdings, Inc. $FND

Key Points

• Massachusetts Financial Services Co. MA increased its stake in Floor & Decor by 161.1% in Q4, buying 1,168,084 shares to hold 1,893,048 shares (about 1.76% of the company) valued at roughly $115.27 million.
• Wall Street's consensus rating is a 'Hold' with an average target of $77.35, reflecting mixed analyst views (6 Buy, 12 Hold, 1 Sell) and several recent price-target cuts.
• FND shares opened at $50.07 (down 3.1%) with a market cap around $5.4B; the recent quarter delivered $0.36 EPS (beat by $0.01) and $1.13B revenue (+2% y/y), and the company issued FY2026 guidance of $1.98–$2.18 EPS (analysts ~2.0).

Massachusetts Financial Services Co. MA increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 161.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,893,048 shares of the company's stock after purchasing an additional 1,168,084 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 1.76% of Floor & Decor worth $115,268,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Portside Wealth Group LLC acquired a new position in Floor & Decor during the fourth quarter valued at approximately $303,000. eCIO Inc. acquired a new position in Floor & Decor during the fourth quarter valued at approximately $41,000. PineStone Asset Management Inc. grew its holdings in Floor & Decor by 16.5% during the fourth quarter. PineStone Asset Management Inc. now owns 130,800 shares of the company's stock valued at $7,964,000 after purchasing an additional 18,500 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in Floor & Decor by 49.6% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 350,723 shares of the company's stock valued at $21,356,000 after purchasing an additional 116,219 shares during the last quarter. Finally, Norden Group LLC acquired a new position in Floor & Decor during the fourth quarter valued at approximately $302,000.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FND. Morgan Stanley lowered their price target on Floor & Decor from $90.00 to $88.00 and set an "equal weight" rating on the stock in a report on Thursday, January 15th. Stifel Nicolaus lowered their price target on Floor & Decor from $92.00 to $90.00 and set a "buy" rating on the stock in a report on Tuesday, December 16th. Telsey Advisory Group reiterated an "outperform" rating and set a $80.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Piper Sandler reiterated an "overweight" rating and set a $80.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Finally, Barclays upped their price target on Floor & Decor from $70.00 to $77.00 and gave the stock an "equal weight" rating in a report on Friday, February 20th. Six 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $77.35.

Floor & Decor Stock Down 3.1%

Shares of FND stock opened at $50.07 on Tuesday. Floor & Decor Holdings, Inc. has a 12 month low of $46.47 and a 12 month high of $92.40. The firm has a market cap of $5.40 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 1.76 and a beta of 1.82. The stock has a 50 day moving average of $59.98 and a 200-day moving average of $64.26. The company has a quick ratio of 0.34, a current ratio of 1.33 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 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The company's quarterly revenue 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. On average, equities 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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