Worldly Partners Management LLC Acquires 42,000 Shares of Floor & Decor Holdings, Inc. $FND

Key Points

• Worldly Partners Management increased its Floor & Decor stake by 42,000 shares, bringing its holdings to 1.37 million shares worth approximately $81.4 million. The investment represents 66.5% of the firm’s portfolio and about 1.29% of Floor & Decor.
• Floor & Decor exceeded quarterly expectations, reporting $0.58 in EPS versus a $0.56 consensus estimate and $1.25 billion in revenue, up 3% year over year. The company guided for fiscal 2026 EPS of $2.20–$2.45.
• Analysts maintain a broadly neutral outlook, with a consensus “Hold” rating and a $59.42 target price, while insider Thomas V. Taylor sold 218,189 shares for roughly $13.6 million.

Worldly Partners Management LLC lifted its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 3.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,371,180 shares of the company's stock after buying an additional 42,000 shares during the period. Floor & Decor comprises 66.5% of Worldly Partners Management LLC's investment portfolio, making the stock its biggest holding. Worldly Partners Management LLC owned approximately 1.29% of Floor & Decor worth $81,393,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its position in Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company's stock worth $236,368,000 after acquiring an additional 3,881,522 shares in the last quarter. Champlain Investment Partners LLC purchased a new stake in shares of Floor & Decor during the 4th quarter worth $108,060,000. Durable Capital Partners LP acquired a new position in shares of Floor & Decor during the 2nd quarter worth $106,221,000. Madison Asset Management LLC acquired a new position in shares of Floor & Decor during the 2nd quarter worth $78,941,000. Finally, FIL Ltd increased its holdings in shares of Floor & Decor by 193.9% in the 4th quarter. FIL Ltd now owns 1,836,696 shares of the company's stock valued at $111,836,000 after purchasing an additional 1,211,731 shares in the last quarter.

Floor & Decor Trading Up 1.9%

Shares of FND stock opened at $50.30 on Friday. The firm has a 50-day moving average price of $56.03 and a 200 day moving average price of $54.57. Floor & Decor Holdings, Inc. has a twelve month low of $42.64 and a twelve month high of $92.40. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 4.07 and a beta of 1.55. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. The company had revenue of $1.25 billion for 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%. The firm's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.58 EPS. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Research analysts forecast that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FND has been the topic of several recent analyst reports. TD Cowen restated a "hold" rating on shares of Floor & Decor in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Floor & Decor from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 26th. Robert W. Baird set a $67.00 price target on Floor & Decor in a research note on Friday, July 31st. Wall Street Zen upgraded Floor & Decor from a "sell" rating to a "hold" rating in a report on Saturday, August 1st. Finally, Telsey Advisory Group raised their price objective on Floor & Decor from $61.00 to $68.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Floor & Decor currently has a consensus rating of "Hold" and a consensus target price of $59.42.

Insider Activity

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 value of $13,593,174.70. Following the completion of the transaction, the insider directly owned 229,820 shares in the company, valued at approximately $14,317,786. The trade was a 48.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.80% of the company's stock.

Floor & Decor Company 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.

Want to see what other hedge funds are holding FND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Floor & Decor Holdings, Inc. (NYSE:FND - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source