2,841 Shares in Builders FirstSource, Inc. $BLDR Bought by United Services Automobile Association

Key Points

• United Services Automobile Association acquired 2,841 shares of Builders FirstSource, Inc. (NYSE: BLDR), valued at approximately $354,000, reflecting growing institutional interest in the company.
• Builders FirstSource reported a net margin of 4.74% and quarterly earnings of $2.38 per share, surpassing estimates while facing a 5% decrease in revenue compared to the previous year.
• The company has an average rating of "Moderate Buy" from analysts, with a consensus price target set at $154.44.

United Services Automobile Association bought a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,841 shares of the company's stock, valued at approximately $354,000.

Other institutional investors have also recently bought and sold shares of the company. IMA Advisory Services Inc. acquired a new position in shares of Builders FirstSource in the first quarter valued at approximately $31,000. Sentry Investment Management LLC acquired a new position in shares of Builders FirstSource in the first quarter valued at approximately $40,000. CX Institutional acquired a new position in shares of Builders FirstSource in the first quarter valued at approximately $45,000. Mather Group LLC. increased its stake in shares of Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company's stock valued at $74,000 after buying an additional 98 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of Builders FirstSource by 21.0% in the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company's stock valued at $78,000 after buying an additional 109 shares during the period. Institutional investors and hedge funds own 95.53% of the company's stock.

Builders FirstSource Trading Down 1.8%

Shares of Builders FirstSource stock traded down $2.50 on Monday, reaching $140.23. 1,591,411 shares of the company's stock were exchanged, compared to its average volume of 1,958,916. The company has a market capitalization of $15.50 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 15.12 and a beta of 1.61. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $203.14. The firm's 50-day moving average is $135.07 and its two-hundred day moving average is $124.79. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on BLDR shares. Royal Bank Of Canada downgraded Builders FirstSource from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from $132.00 to $129.00 in a research note on Friday, August 1st. DA Davidson reduced their target price 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 upped their target price on Builders FirstSource from $118.00 to $128.00 and gave the company a "hold" rating in a report on Friday, August 1st. Wall Street Zen upgraded Builders FirstSource from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Finally, Baird R W cut Builders FirstSource from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. Ten research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $154.44.

Builders FirstSource 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.