Mitsubishi UFJ Trust & Banking Corp Sells 23,328 Shares of Floor & Decor Holdings, Inc. $FND

Key Points

• Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Floor & Decor by 20.1%, selling 23,328 shares and now holding 92,723 shares (about 0.09% of the company) worth roughly $5.65 million.
• Floor & Decor missed Q1 estimates (EPS $0.37 vs $0.42; revenue $1.15B vs $1.19B), cut FY26 EPS guidance to $1.83–2.08 (below consensus ~2.06), and has faced multiple analyst downgrades and lower price targets, increasing near‑term downside risk.

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 20.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 92,723 shares of the company's stock after selling 23,328 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.09% of Floor & Decor worth $5,646,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company's stock valued at $27,000 after purchasing an additional 247 shares in the last quarter. State of Wyoming purchased a new stake in shares of Floor & Decor in the 2nd quarter valued at $46,000. Mather Group LLC. purchased a new stake in shares of Floor & Decor in the 3rd quarter valued at $49,000. Finally, eCIO Inc. purchased a new stake in shares of Floor & Decor in the 4th quarter valued at $41,000.

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 Price Performance

Shares of Floor & Decor stock opened at $50.54 on Monday. The company has a 50-day moving average of $55.44 and a 200 day moving average of $62.39. The firm has a market cap of $5.45 billion, a price-to-earnings ratio of 27.47, a PEG ratio of 3.19 and a beta of 1.63. Floor & Decor Holdings, Inc. has a 1 year low of $46.47 and a 1 year high of $92.40.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.98 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FND shares. Bank of America cut shares of Floor & Decor from a "buy" rating to an "underperform" rating and set a $45.00 price objective for the company. in a research note on Friday, April 17th. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research report on Friday. Stifel Nicolaus set a $75.00 price target on shares of Floor & Decor in a research report on Friday. Zelman & Associates dropped their price target on shares of Floor & Decor from $80.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, April 17th. Finally, TD Cowen dropped their price target on shares of Floor & Decor from $60.00 to $48.00 and set a "hold" rating for the company in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Floor & Decor has an average rating of "Hold" and an average target price of $60.74.

Floor & Decor Company 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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