Triton Wealth Management PLLC Makes New $400,000 Investment in Builders FirstSource, Inc. $BLDR

Triton Wealth Management PLLC purchased a new position in shares of Builders FirstSource, Inc. (NYSE:BLDRFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,426 shares of the company’s stock, valued at approximately $400,000.

Other institutional investors have also recently made changes to their positions in the company. IMA Advisory Services Inc. purchased a new stake in Builders FirstSource during the 1st quarter worth approximately $31,000. CX Institutional acquired a new position in shares of Builders FirstSource in the first quarter worth $45,000. Mather Group LLC. increased its position in shares of Builders FirstSource by 19.7% during the first quarter. Mather Group LLC. now owns 595 shares of the company’s stock worth $74,000 after acquiring an additional 98 shares during the period. Smartleaf Asset Management LLC raised 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 acquiring an additional 109 shares in the last quarter. Finally, New Age Alpha Advisors LLC raised its stake in shares of Builders FirstSource by 22.8% in the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after acquiring an additional 119 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Trading Up 6.0%

Shares of BLDR opened at $127.97 on Wednesday. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The firm’s 50-day moving average is $133.15 and its two-hundred day moving average is $124.11. Builders FirstSource, Inc. has a twelve month low of $102.60 and a twelve month high of $201.53. The firm has a market capitalization of $14.15 billion, a P/E ratio of 19.42, a PEG ratio of 13.51 and a beta of 1.62.

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BLDR shares. Royal Bank Of Canada cut Builders FirstSource from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from $132.00 to $129.00 in a research note on Friday, August 1st. Zelman & Associates reaffirmed an “underperform” rating on shares of Builders FirstSource in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $134.00 target price on shares of Builders FirstSource in a research report on Friday, August 1st. Oppenheimer set a $155.00 price target on Builders FirstSource and gave the company an “outperform” rating in a research report on Thursday, July 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Builders FirstSource in a research report on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $147.29.

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Builders FirstSource Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Builders FirstSource (NYSE:BLDR)

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