Public Employees Retirement System of Ohio Purchases Shares of 31,796 Floor & Decor Holdings, Inc. $FND

Key Points

• Public Employees Retirement System of Ohio initiated a position in Floor & Decor with 31,796 shares valued at approximately $1.9 million. Several other institutional investors also established or increased holdings during the second quarter.
• Floor & Decor exceeded quarterly expectations, reporting $0.58 EPS versus the $0.56 consensus and $1.25 billion in revenue, up 3% year over year. The company provided fiscal 2026 EPS guidance of $2.20–$2.45.
• Analysts maintain a generally cautious outlook, with an average rating of “Hold” and an average price target of $59.42 versus the stock’s reported $50.30 price. Insider Thomas V. Taylor also sold 218,189 shares for about $13.6 million.

Public Employees Retirement System of Ohio purchased a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 31,796 shares of the company's stock, valued at approximately $1,887,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Madison Asset Management LLC purchased a new stake in shares of Floor & Decor in the second quarter worth about $78,941,000. Summit Creek Advisors LLC acquired a new position in Floor & Decor in the second quarter valued at approximately $3,570,000. Trust Co. of Vermont purchased a new stake in Floor & Decor in the 2nd quarter worth approximately $68,000. Handelsbanken Fonder AB boosted its position in Floor & Decor by 16.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 40,300 shares of the company's stock worth $2,392,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new stake in shares of Floor & Decor during the 2nd quarter worth approximately $7,795,000.

Floor & Decor Stock Performance

NYSE:FND opened at $50.30 on Monday. The company's 50-day moving average price is $56.03 and its 200-day moving average price is $54.46. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08. The company has a market cap of $5.36 billion, a P/E ratio of 23.40, a P/E/G ratio of 4.07 and a beta of 1.55. Floor & Decor Holdings, Inc. has a twelve month low of $42.64 and a twelve month high of $92.40.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.23 billion. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. Floor & Decor's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 EPS. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. On average, sell-side analysts forecast that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FND has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Floor & Decor from $55.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Robert W. Baird set a $67.00 price objective on shares of Floor & Decor in a report on Friday, July 31st. Citigroup reiterated a "neutral" rating on shares of Floor & Decor in a research report on Thursday, July 16th. The Goldman Sachs Group set a $53.00 target price on shares of Floor & Decor in a research note on Saturday, August 1st. Finally, Piper Sandler lifted their price target on Floor & Decor from $70.00 to $72.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $59.42.

Insider Activity at Floor & Decor

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the business's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider owned 229,820 shares of the company's stock, valued at approximately $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.80% of the company's stock.

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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