Fenimore Asset Management Inc Boosts Position in Floor & Decor Holdings, Inc. $FND

Fenimore Asset Management Inc increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 73.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 300,203 shares of the company’s stock after buying an additional 126,730 shares during the period. Fenimore Asset Management Inc’s holdings in Floor & Decor were worth $18,279,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FND. Advisory Services Network LLC purchased a new position in Floor & Decor in the 3rd quarter worth about $26,000. Northwestern Mutual Wealth Management Co. increased its stake in Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after buying an additional 247 shares during the period. eCIO Inc. purchased a new position in Floor & Decor in the 4th quarter worth about $41,000. State of Wyoming purchased a new position in Floor & Decor in the 2nd quarter worth about $46,000. Finally, Mather Group LLC. purchased a new position in Floor & Decor in the 3rd quarter worth about $49,000.

Key Stories Impacting Floor & Decor

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

• Positive Sentiment: Telsey Advisory remains constructive: although it cut its target, Telsey still rates FND “outperform” with a $61 target (meaning material upside from current levels), signaling at least one shop sees recovery potential. Telsey report
• Positive Sentiment: Company describes execution in a challenging demand environment — management framed results as execution against a tough big‑ticket discretionary backdrop, which may reassure investors focused on long‑term rollout/operational execution. Press release
• Neutral Sentiment: Citigroup trimmed its target to $52 and kept a “neutral” stance — modestly different from the market but not a strong sell signal. Citigroup note
• Neutral Sentiment: Full Q1 earnings call transcript and analyst writeups are available for diligence — useful for investors who want management commentary on comps, margin drivers and cadence through FY26. Earnings call transcript
• Negative Sentiment: Q1 missed estimates and outlook trimmed: EPS $0.37 vs. $0.42 est., revenue $1.15B vs. $1.19B est.; comps down ~3.7% and Q1 EPS materially below prior year — the company set FY26 EPS guidance of $1.83–2.08 vs. consensus ~2.06 and revenue guidance at $4.8–5.0B (vs. $5.0B consensus). Those misses and lowered guidance are the primary drivers of near‑term downside. Press release / results
• Negative Sentiment: Multiple analyst cuts and more cautious stances (TD Cowen to $48/hold; Wells Fargo to $50/equal weight) increase near‑term selling pressure and lower the bar for negative revisions. TD Cowen / Benzinga Wells Fargo writeup
• Negative Sentiment: Bear case highlighted: Seeking Alpha warns of persistent comp and earnings pressure, argues FND’s premium multiple is at risk and models a possible downside toward ~$37/share if weak comps persist — a reminder of valuation risk if the consumer stays soft. No Turn Here

Wall Street Analyst Weigh In

Several research firms recently commented on FND. Piper Sandler reaffirmed an “overweight” rating and issued a $70.00 price target (down from $78.00) on shares of Floor & Decor in a research note on Friday. TD Cowen dropped their target price on shares of Floor & Decor from $60.00 to $48.00 and set a “hold” rating on the stock in a report on Friday. The Goldman Sachs Group reiterated a “neutral” rating and set a $64.00 target price on shares of Floor & Decor in a report on Friday, February 20th. Citigroup dropped their target price on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Robert W. Baird set a $63.00 target price on shares of Floor & Decor in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and an average price target of $60.74.

Floor & Decor Stock Up 4.4%

NYSE:FND opened at $50.54 on Friday. The company’s 50-day simple moving average is $55.44 and its 200-day simple moving average is $62.45. The stock has a market capitalization of $5.45 billion, a P/E ratio of 27.47, a P/E/G ratio of 3.02 and a beta of 1.63. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. Floor & Decor Holdings, Inc. has a fifty-two week low of $46.47 and a fifty-two week high of $92.40.

Floor & Decor (NYSE:FND) last released its earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a return on equity of 8.47% and a net margin of 4.27%.The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the business earned $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.98 earnings per share for the current fiscal year.

About Floor & Decor

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.