1,329,870 Shares in Floor & Decor Holdings, Inc. $FND Acquired by Madison Asset Management LLC

Madison Asset Management LLC bought a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,329,870 shares of the company’s stock, valued at approximately $78,941,000. Madison Asset Management LLC owned 1.25% of Floor & Decor as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new position in shares of Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Floor & Decor by 207.6% during 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 last quarter. Summit Securities Group LLC purchased a new position in shares of Floor & Decor in the 1st quarter worth $31,000. Clearstead Advisors LLC raised its position in shares of Floor & Decor by 215.7% in the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 384 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Floor & Decor in the fourth quarter valued at $34,000.

Insider Buying and Selling at Floor & Decor

In other 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 sale, the insider directly owned 229,820 shares of the company’s stock, valued at approximately $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.80% of the stock is owned by corporate insiders.

Floor & Decor Price Performance

Shares of FND stock opened at $57.38 on Thursday. The company has a market capitalization of $6.11 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 4.54 and a beta of 1.57. The firm has a fifty day simple moving average of $56.46 and a 200-day simple moving average of $55.85. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a twelve month low of $42.64 and a twelve month high of $92.40.

Floor & Decor (NYSE:FND) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FND shares. Mizuho dropped their price target on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Wolfe Research reaffirmed an “underperform” rating and issued a $41.00 price objective on shares of Floor & Decor in a research note on Tuesday, July 21st. Guggenheim decreased their target price on Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a report on Friday, May 1st. Evercore set a $60.00 target price on shares of Floor & Decor in a research report on Tuesday, July 7th. Finally, Stifel Nicolaus set a $75.00 price objective on shares of Floor & Decor in a research note on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $59.42.

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.