Floor & Decor Holdings, Inc. $FND Stake Reduced by Sterling Capital Management LLC

Sterling Capital Management LLC lowered its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 84.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,027 shares of the company’s stock after selling 16,002 shares during the period. Sterling Capital Management LLC’s holdings in Floor & Decor were worth $139,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Quadrant Capital Group LLC acquired a new stake in Floor & Decor in the 3rd quarter valued at $177,000. Diversify Advisory Services LLC boosted its stake in shares of Floor & Decor by 3.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 40,359 shares of the company’s stock worth $1,847,000 after buying an additional 1,420 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Floor & Decor during the 3rd quarter worth about $43,000. GK Wealth Management LLC acquired a new position in shares of Floor & Decor during the 3rd quarter worth about $57,000. Finally, Balefire LLC grew its holdings in shares of Floor & Decor by 42.7% in the 3rd quarter. Balefire LLC now owns 7,152 shares of the company’s stock valued at $328,000 after acquiring an additional 2,139 shares in the last quarter.

Floor & Decor Stock Performance

Shares of FND stock opened at $47.86 on Monday. The company has a fifty day moving average price of $47.80 and a two-hundred day moving average price of $54.90. Floor & Decor Holdings, Inc. has a one year low of $42.64 and a one year high of $77.46. The stock has a market cap of $5.10 billion, a P/E ratio of 21.46, a P/E/G ratio of 3.97 and a beta of 1.60. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.32 and a quick ratio of 0.44.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.22 billion. Floor & Decor had a net margin of 5.05% and a return on equity of 8.40%. Floor & Decor’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. As a group, equities analysts predict that Floor & Decor Holdings, Inc. will post 1.93 EPS for the current year.

Floor & Decor News Summary

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wolfe Research reaffirmed an “underperform” rating and issued a $41.00 target price on shares of Floor & Decor in a research report on Tuesday, July 21st. Morgan Stanley upped their target price on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Truist Financial reduced their price target on Floor & Decor from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Friday. JPMorgan Chase & Co. decreased their price target on Floor & Decor from $59.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Wells Fargo & Company lowered their price target on Floor & Decor from $55.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $55.70.

Insider Transactions at Floor & Decor

In related news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the completion of the transaction, the insider owned 229,820 shares in the company, valued at approximately $14,317,786. This trade represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.80% of the company’s stock.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.