2,407 Shares in Builders FirstSource, Inc. $BLDR Bought by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC acquired a new stake in Builders FirstSource, purchasing 2,407 shares valued at approximately $301,000 in the first quarter.
• Barclays and Royal Bank Of Canada both adjusted their price targets on Builders FirstSource, with Barclays setting a target of $135.00 and Royal Bank lowering it to $129.00, indicating varying outlooks among analysts.
• Builders FirstSource reported a net margin of 4.74% and earnings per share of $2.38 for the last quarter, surpassing analysts' expectations despite a 5% revenue decline year-over-year.

MBB Public Markets I LLC bought a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 2,407 shares of the company's stock, valued at approximately $301,000.

Several other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP grew its position in shares of Builders FirstSource by 42.6% during the 1st quarter. Wellington Management Group LLP now owns 3,217,125 shares of the company's stock worth $401,948,000 after buying an additional 960,603 shares during the period. Invesco Ltd. grew its position in shares of Builders FirstSource by 11.8% during the 1st quarter. Invesco Ltd. now owns 2,519,461 shares of the company's stock worth $314,781,000 after buying an additional 265,873 shares during the period. Diamond Hill Capital Management Inc. grew its position in shares of Builders FirstSource by 16.8% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,270,362 shares of the company's stock worth $283,659,000 after buying an additional 326,923 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Builders FirstSource by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,244,449 shares of the company's stock worth $280,387,000 after buying an additional 6,453 shares during the period. Finally, Brave Warrior Advisors LLC acquired a new position in shares of Builders FirstSource during the 1st quarter worth about $155,123,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Stock Down 1.8%

NYSE:BLDR traded down $2.50 during trading hours on Monday, reaching $140.23. 1,591,411 shares of the stock were exchanged, compared to its average volume of 1,958,916. Builders FirstSource, Inc. has a twelve month low of $102.60 and a twelve month high of $203.14. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.79 and a quick ratio of 1.08. The firm has a 50 day moving average of $135.07 and a 200 day moving average of $124.79. The stock has a market cap of $15.50 billion, a PE ratio of 21.28, a PEG ratio of 15.12 and a beta of 1.61.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $2.35 by $0.03. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the firm posted $3.50 EPS. The business's revenue was down 5.0% on a year-over-year basis. Builders FirstSource has set its FY 2025 guidance at EPS. On average, equities analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on BLDR. Oppenheimer set a $155.00 target price on Builders FirstSource and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $134.00 price objective on shares of Builders FirstSource in a research report on Friday, August 1st. Robert W. Baird lowered Builders FirstSource from an "outperform" rating to a "neutral" rating and decreased their price objective for the company from $145.00 to $130.00 in a research report on Friday, August 1st. Barclays decreased their price objective on Builders FirstSource from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, August 1st. Finally, Zelman & Associates reiterated an "underperform" rating on shares of Builders FirstSource in a research report on Friday, July 18th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Builders FirstSource has an average rating of "Hold" and an average target price of $154.44.

Builders FirstSource Company Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.