Savant Capital LLC Sells 716 Shares of Builders FirstSource, Inc. $BLDR

Savant Capital LLC lowered its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 24.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,194 shares of the company’s stock after selling 716 shares during the quarter. Savant Capital LLC’s holdings in Builders FirstSource were worth $256,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brave Warrior Advisors LLC purchased a new position in Builders FirstSource during the first quarter valued at approximately $155,123,000. Wellington Management Group LLP boosted its position in Builders FirstSource by 42.6% during the 1st quarter. Wellington Management Group LLP now owns 3,217,125 shares of the company’s stock valued at $401,948,000 after acquiring an additional 960,603 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in Builders FirstSource by 957.1% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 528,984 shares of the company’s stock valued at $66,091,000 after acquiring an additional 478,942 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of Builders FirstSource by 29.9% in the 1st quarter. Voya Investment Management LLC now owns 1,840,171 shares of the company’s stock valued at $229,809,000 after acquiring an additional 423,891 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its position in shares of Builders FirstSource by 16.8% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,270,362 shares of the company’s stock worth $283,659,000 after acquiring an additional 326,923 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $95.60 on Thursday. The business has a fifty day moving average of $120.05 and a 200 day moving average of $123.07. Builders FirstSource, Inc. has a 1 year low of $95.44 and a 1 year high of $194.36. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.79 and a quick ratio of 1.08. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 12.90 and a beta of 1.60.

Builders FirstSource (NYSE:BLDR) last posted its quarterly 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 for the quarter, compared to the consensus estimate of $3.86 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The company’s quarterly revenue was down 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.07 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, research analysts expect that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Analyst Ratings Changes

BLDR has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Builders FirstSource in a research report on Wednesday, October 8th. Baird R W lowered shares of Builders FirstSource from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. DA Davidson cut their price objective on shares of Builders FirstSource from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Barclays decreased their target price on shares of Builders FirstSource from $135.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, Wall Street Zen raised shares of Builders FirstSource from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $136.92.

About Builders FirstSource

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.