Swiss National Bank Acquires 19,700 Shares of Builders FirstSource, Inc. $BLDR

Swiss National Bank lifted its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 344,287 shares of the company’s stock after purchasing an additional 19,700 shares during the period. Swiss National Bank owned 0.31% of Builders FirstSource worth $40,175,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Auxano Advisors LLC boosted its holdings in Builders FirstSource by 13.0% during the second quarter. Auxano Advisors LLC now owns 2,801 shares of the company’s stock worth $327,000 after buying an additional 322 shares during the last quarter. Wisconsin Wealth Advisors LLC raised its position in shares of Builders FirstSource by 14.4% in the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 4,771 shares of the company’s stock valued at $557,000 after acquiring an additional 600 shares during the period. Seizert Capital Partners LLC boosted its stake in Builders FirstSource by 0.9% during the 2nd quarter. Seizert Capital Partners LLC now owns 300,990 shares of the company’s stock worth $35,123,000 after acquiring an additional 2,799 shares during the last quarter. Wealthspire Advisors LLC bought a new position in Builders FirstSource during the 2nd quarter worth approximately $200,000. Finally, Empowered Funds LLC grew its holdings in Builders FirstSource by 21.1% during the second quarter. Empowered Funds LLC now owns 42,566 shares of the company’s stock valued at $4,967,000 after purchasing an additional 7,423 shares during the period. Institutional investors own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. BMO Capital Markets cut their price objective on Builders FirstSource from $130.00 to $123.00 in a report on Wednesday, October 29th. DA Davidson reduced their price target on shares of Builders FirstSource from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Stephens dropped their price objective on shares of Builders FirstSource from $140.00 to $137.00 in a report on Monday, November 3rd. Benchmark boosted their price objective on shares of Builders FirstSource from $138.00 to $142.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, UBS Group increased their target price on Builders FirstSource from $158.00 to $166.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Ten research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $136.92.

Builders FirstSource Stock Down 0.8%

Shares of BLDR stock opened at $100.78 on Tuesday. The firm’s fifty day moving average price is $117.40 and its two-hundred day moving average price is $122.95. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. Builders FirstSource, Inc. has a 1 year low of $94.35 and a 1 year high of $194.36. The firm has a market capitalization of $11.14 billion, a P/E ratio of 15.29, a PEG ratio of 12.90 and a beta of 1.60.

Builders FirstSource (NYSE:BLDR) last released its earnings results on Thursday, October 30th. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.19. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.86 billion. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The firm’s revenue was down 6.9% on a year-over-year basis. During the same period last year, the business earned $3.07 earnings per share. Builders FirstSource has set its FY 2025 guidance at EPS. On average, equities analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

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.