WINTON GROUP Ltd Makes New $5.62 Million Investment in Floor & Decor Holdings, Inc. $FND

Key Points

• WINTON GROUP Ltd acquired 94,734 Floor & Decor shares worth approximately $5.62 million, representing about 0.09% of the company. Several other institutional investors also increased their positions during the second quarter.
• Analyst sentiment remains cautious, with an overall “Hold” rating from MarketBeat based on five Buys, 13 Holds and two Sells; the average price target is $59.42.
• Floor & Decor beat quarterly expectations with $0.58 in earnings per share and $1.25 billion in revenue, while its stock opened at $46.88—near its one-year low of $42.64 and well below its one-year high of $92.40.

WINTON GROUP Ltd purchased a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,734 shares of the company's stock, valued at approximately $5,623,000. WINTON GROUP Ltd owned approximately 0.09% of Floor & Decor as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Floor & Decor by 9.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company's stock worth $27,346,000 after purchasing an additional 30,195 shares in the last quarter. Invesco Ltd. raised its position in Floor & Decor by 290.8% in the second quarter. Invesco Ltd. now owns 597,083 shares of the company's stock valued at $45,354,000 after purchasing an additional 444,290 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Floor & Decor by 12.7% during the second quarter. California Public Employees Retirement System now owns 140,132 shares of the company's stock valued at $10,644,000 after purchasing an additional 15,821 shares in the last quarter. State Street Corp grew its holdings in shares of Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company's stock worth $289,527,000 after purchasing an additional 42,636 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Floor & Decor by 33.9% during the second quarter. Sei Investments Co. now owns 343,573 shares of the company's stock worth $26,098,000 after purchasing an additional 87,013 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FND. Citigroup reiterated a "neutral" rating on shares of Floor & Decor in a report on Thursday, July 16th. Wolfe Research reissued an "underperform" rating and set a $41.00 target price on shares of Floor & Decor in a report on Tuesday, July 21st. TD Cowen restated a "hold" rating on shares of Floor & Decor in a research report on Monday, August 3rd. Morgan Stanley raised their price target on shares of Floor & Decor from $56.00 to $64.00 and gave the company an "equal weight" rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company lifted their price target on shares of Floor & Decor from $50.00 to $55.00 and gave the stock an "equal weight" rating in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, thirteen have given 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 $59.42.

Floor & Decor Price Performance

Shares of FND opened at $46.88 on Friday. The business has a 50-day moving average of $55.17 and a 200-day moving average of $53.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 21.80, a price-to-earnings-growth ratio of 3.86 and a beta of 1.55. Floor & Decor Holdings, Inc. has a 1 year low of $42.64 and a 1 year high of $92.40.

Floor & Decor (NYSE:FND - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.23 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The firm's revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current year.

Insider Activity at Floor & Decor

In other news, insider Thomas V. Taylor sold 218,189 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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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