Natixis Advisors LLC Has $39.27 Million Stock Holdings in Floor & Decor Holdings, Inc. $FND

Natixis Advisors LLC cut its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 30.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 644,947 shares of the company’s stock after selling 277,462 shares during the quarter. Natixis Advisors LLC’s holdings in Floor & Decor were worth $39,271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Advisory Services Network LLC bought a new stake in shares of Floor & Decor during the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Floor & Decor by 207.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after acquiring an additional 247 shares during the last quarter. Clearstead Advisors LLC lifted its stake in shares of Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 384 shares during the period. eCIO Inc. acquired a new position in shares of Floor & Decor in the 4th quarter worth approximately $41,000. Finally, Global Retirement Partners LLC boosted its position in Floor & Decor by 35.5% during the fourth quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock valued at $44,000 after acquiring an additional 189 shares during the last quarter.

Floor & Decor Price Performance

Shares of Floor & Decor stock opened at $49.61 on Thursday. The stock has a fifty day moving average price of $49.79 and a 200-day moving average price of $59.62. The firm has a market cap of $5.35 billion, a PE ratio of 26.96, a P/E/G ratio of 4.35 and a beta of 1.62. Floor & Decor Holdings, Inc. has a 1 year low of $42.64 and a 1 year high of $92.40.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $0.46 EPS. Floor & Decor’s quarterly revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings cut Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Morgan Stanley reiterated a “positive” rating and issued a $56.00 price objective on shares of Floor & Decor in a research note on Friday, May 1st. Wells Fargo & Company decreased their price target on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Mizuho lowered their target price on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Finally, Guggenheim dropped their price target on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Floor & Decor has an average rating of “Hold” and a consensus target price of $59.17.

Insider Activity at Floor & Decor

In other Floor & Decor news, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $48.28, for a total transaction of $733,856.00. Following the completion of the transaction, the executive vice president directly owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. This represents a 17.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Bradley Paulsen bought 5,000 shares of the stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the purchase, the chief executive officer owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This trade represents a 6.25% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.80% of the stock is owned by company insiders.

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.