UniSuper Management Pty Ltd Grows Stake in Builders FirstSource, Inc. $BLDR

Key Points

• UniSuper Management Pty Ltd increased its stake in Builders FirstSource, Inc. by 18.7% during the 1st quarter, bringing their total holdings to 16,652 shares valued at approximately $2.08 million.
• Builders FirstSource reported earnings of $2.38 per share for the last quarter, exceeding analysts' expectations, but its revenue decreased by 5.0% year-over-year.
• Research firms have varied price targets for Builders FirstSource, with recent adjustments ranging from $118.00 to $154.44, reflecting a consensus rating of "Moderate Buy".

UniSuper Management Pty Ltd increased its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 18.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,652 shares of the company's stock after purchasing an additional 2,624 shares during the quarter. UniSuper Management Pty Ltd's holdings in Builders FirstSource were worth $2,081,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BLDR. Auxano Advisors LLC grew its holdings in Builders FirstSource by 3.8% during the 1st quarter. Auxano Advisors LLC now owns 2,479 shares of the company's stock valued at $310,000 after buying an additional 91 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Builders FirstSource by 2.3% in the 4th quarter. Baird Financial Group Inc. now owns 4,391 shares of the company's stock valued at $628,000 after purchasing an additional 98 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Builders FirstSource by 19.7% in the 1st quarter. Mather Group LLC. now owns 595 shares of the company's stock valued at $74,000 after purchasing an additional 98 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its stake in shares of Builders FirstSource by 8.8% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 1,222 shares of the company's stock valued at $153,000 after purchasing an additional 99 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Builders FirstSource by 21.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company's stock valued at $78,000 after purchasing an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company's stock.

Builders FirstSource Trading Down 0.2%

Shares of NYSE BLDR opened at $140.22 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12. The business has a fifty day simple moving average of $134.34 and a two-hundred day simple moving average of $124.94. The firm has a market cap of $15.50 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 14.88 and a beta of 1.61. Builders FirstSource, Inc. has a twelve month low of $102.60 and a twelve month high of $203.14.

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

Analysts Set New Price Targets

Several research firms have recently issued reports on BLDR. Zelman & Associates reaffirmed an "underperform" rating on shares of Builders FirstSource in a research note on Friday, July 18th. Stifel Nicolaus raised their price target on Builders FirstSource from $118.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, August 1st. DA Davidson decreased their price target on Builders FirstSource from $135.00 to $125.00 and set a "neutral" rating for the company in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $134.00 price target on shares of Builders FirstSource in a research note on Friday, August 1st. Finally, Wall Street Zen raised Builders FirstSource from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Eleven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.

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