Janus Henderson Group PLC Raises Stake in Interface, Inc. $TILE

Janus Henderson Group PLC increased its holdings in Interface, Inc. (NASDAQ:TILE) by 195.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,021 shares of the textile maker’s stock after buying an additional 49,590 shares during the quarter. Janus Henderson Group PLC owned about 0.13% of Interface worth $1,869,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Interface by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,689,857 shares of the textile maker’s stock valued at $75,105,000 after acquiring an additional 36,530 shares during the last quarter. State Street Corp raised its holdings in shares of Interface by 0.7% during the fourth quarter. State Street Corp now owns 2,192,472 shares of the textile maker’s stock worth $61,214,000 after purchasing an additional 14,764 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Interface by 133.9% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,008,260 shares of the textile maker’s stock worth $56,071,000 after purchasing an additional 1,149,733 shares during the last quarter. GW&K Investment Management LLC lifted its position in Interface by 12.7% during the fourth quarter. GW&K Investment Management LLC now owns 993,413 shares of the textile maker’s stock valued at $27,736,000 after purchasing an additional 111,564 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Interface by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 870,156 shares of the textile maker’s stock valued at $24,295,000 after purchasing an additional 33,650 shares during the period. 98.34% of the stock is owned by hedge funds and other institutional investors.

More Interface News

Here are the key news stories impacting Interface this week:

• Positive Sentiment: Significant earnings beat: Adjusted earnings were $0.88 per share, well above the $0.63-$0.64 analyst consensus and up from $0.60 a year earlier. Interface Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue exceeded expectations: Second-quarter sales totaled approximately $395.7 million, up 5.4% year over year and ahead of the roughly $391.2 million consensus estimate. Currency-neutral growth was 3.8%. Interface Reports Second Quarter 2026 Results
• Positive Sentiment: Margins improved sharply: Gross margin expanded by 560 basis points, while adjusted gross margin increased 524 basis points, including 131 basis points of operational improvement. The stronger profitability supports Interface’s earnings growth and cash-generation profile. Interface Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Management lifted its 2026 outlook following the stronger-than-expected quarter, reinforcing confidence in demand, execution and profitability. Full-year revenue is now expected at approximately $1.5 billion. Interface Lifts Full-Year Outlook After Strong Q2 Results
• Neutral Sentiment: Third-quarter revenue guidance: Interface projected sales of $370 million to $380 million, close to the $379 million analyst estimate. This indicates expectations are broadly in line, although the midpoint leaves limited room for another revenue surprise.

Insider Activity at Interface

In other news, VP David B. Foshee sold 44,393 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $29.00, for a total transaction of $1,287,397.00. Following the completion of the transaction, the vice president directly owned 175,014 shares of the company’s stock, valued at $5,075,406. This represents a 20.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Bruce Andrew Hausmann sold 50,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $29.66, for a total value of $1,483,000.00. Following the transaction, the chief financial officer owned 119,256 shares in the company, valued at $3,537,132.96. This trade represents a 29.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.47% of the company’s stock.

Wall Street Analyst Weigh In

TILE has been the topic of a number of recent research reports. Barrington Research restated an “outperform” rating and issued a $36.00 target price on shares of Interface in a research note on Friday, April 17th. Benchmark started coverage on Interface in a research report on Tuesday, May 19th. They set a “buy” rating and a $36.00 price target for the company. Zacks Research downgraded Interface from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Interface in a research report on Wednesday, June 17th. Finally, Wall Street Zen raised shares of Interface from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $36.00.

Interface Stock Performance

TILE stock opened at $38.29 on Monday. Interface, Inc. has a 52-week low of $24.40 and a 52-week high of $40.50. The company has a quick ratio of 1.35, a current ratio of 2.53 and a debt-to-equity ratio of 0.29. The firm has a market cap of $2.22 billion, a P/E ratio of 15.50, a PEG ratio of 1.21 and a beta of 1.90. The company’s 50-day simple moving average is $33.08 and its 200-day simple moving average is $30.46.

Interface (NASDAQ:TILE) last announced its quarterly earnings results on Friday, August 7th. The textile maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.24. The firm had revenue of $395.70 million during the quarter, compared to analyst estimates of $391.22 million. Interface had a return on equity of 21.77% and a net margin of 10.10%.Interface’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 EPS. As a group, equities analysts forecast that Interface, Inc. will post 2.11 EPS for the current fiscal year.

Interface Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were given a $0.03 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Interface’s payout ratio is 4.86%.

About Interface

Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface’s portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.

Founded in 1973 by Ray C.