Polianta Ltd Buys Shares of 9,600 Builders FirstSource, Inc. $BLDR

Key Points

• Polianta Ltd acquired a new position in Builders FirstSource, buying 9,600 shares valued at approximately $1.12 million in the second quarter.
• Builders FirstSource's stock has recently received mixed ratings from analysts, with ten analysts giving it a "Buy" rating and others downgrading target prices, leading to an average rating of "Hold."
• The company reported a 4.74% net margin with a year-over-year revenue decline of 5% in its latest quarterly earnings, showing resilience despite market challenges.

Polianta Ltd purchased a new position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,600 shares of the company's stock, valued at approximately $1,120,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in shares of Builders FirstSource by 42.6% in the 1st quarter. Wellington Management Group LLP now owns 3,217,125 shares of the company's stock worth $401,948,000 after acquiring an additional 960,603 shares during the period. Invesco Ltd. raised its stake in shares of Builders FirstSource by 11.8% in the first quarter. Invesco Ltd. now owns 2,519,461 shares of the company's stock valued at $314,781,000 after purchasing an additional 265,873 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its position in Builders FirstSource by 16.8% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,270,362 shares of the company's stock worth $283,659,000 after purchasing an additional 326,923 shares during the period. Dimensional Fund Advisors LP boosted its stake in Builders FirstSource by 0.3% during the first 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 in the last quarter. Finally, Voya Investment Management LLC increased its holdings in Builders FirstSource by 29.9% in the 1st quarter. Voya Investment Management LLC now owns 1,840,171 shares of the company's stock valued at $229,809,000 after buying an additional 423,891 shares during the period. Institutional investors own 95.53% of the company's stock.

Builders FirstSource Price Performance

Builders FirstSource stock traded down $3.23 on Monday, reaching $120.92. The company's stock had a trading volume of 1,317,951 shares, compared to its average volume of 1,972,025. The business's fifty day moving average price is $135.18 and its 200 day moving average price is $124.70. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 13.15 and a beta of 1.61. Builders FirstSource, Inc. has a twelve month low of $102.60 and a twelve month high of $201.79.

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

Analysts Set New Price Targets

A number of research firms have recently commented on BLDR. Wedbush reaffirmed a "neutral" rating and set a $145.00 price objective on shares of Builders FirstSource in a report on Monday, September 15th. Barclays dropped their price target on shares of Builders FirstSource from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, August 1st. DA Davidson decreased their price objective on Builders FirstSource from $135.00 to $125.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Stifel Nicolaus increased their target price on Builders FirstSource from $118.00 to $128.00 and gave the stock a "hold" rating in a report on Friday, August 1st. Finally, Robert W. Baird downgraded Builders FirstSource from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $145.00 to $130.00 in a research report on Friday, August 1st. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $151.88.

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.