Floor & Decor Holdings, Inc. $FND Stock Holdings Trimmed by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. decreased its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 902,361 shares of the company’s stock after selling 16,382 shares during the quarter. Van Berkom & Associates Inc. owned 0.84% of Floor & Decor worth $45,840,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Capital World Investors boosted its holdings in Floor & Decor by 8.1% in the fourth quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock worth $454,975,000 after purchasing an additional 557,728 shares during the period. Principal Financial Group Inc. lifted its holdings in Floor & Decor by 6.5% in the first quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock worth $347,354,000 after acquiring an additional 416,572 shares during the last quarter. Morgan Stanley boosted its position in Floor & Decor by 10.4% during the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock valued at $311,764,000 after purchasing an additional 484,243 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after acquiring an additional 3,881,522 shares during the period. Finally, State Street Corp grew its position in shares of Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after acquiring an additional 42,636 shares during the last quarter.

Analyst Ratings Changes

FND has been the topic of several recent research reports. Bank of America downgraded shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective on the stock. in a research report on Friday, April 17th. Weiss Ratings cut shares of Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Barclays dropped their price target on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Piper Sandler reiterated an “overweight” rating on shares of Floor & Decor in a research report on Tuesday, May 26th. Finally, TD Cowen decreased their price objective on Floor & Decor from $60.00 to $48.00 and set a “hold” rating for the company in a report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Floor & Decor has an average rating of “Hold” and an average price target of $59.67.

Floor & Decor Price Performance

FND opened at $56.73 on Monday. The business has a 50 day moving average price of $52.18 and a two-hundred day moving average price of $57.92. The company has a market capitalization of $6.12 billion, a price-to-earnings ratio of 30.83, a price-to-earnings-growth ratio of 4.89 and a beta of 1.58. 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 issued its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Equities analysts expect that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Insider Buying and Selling at Floor & Decor

In other news, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were 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 owned 71,676 shares in the company, valued at approximately $3,460,517.28. This trade represents a 17.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Bradley Paulsen bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer directly owned 85,010 shares in the company, valued at approximately $4,271,752.50. This represents a 6.25% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.80% of the stock is owned by corporate 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.