Matthew 25 Management Corp cut its holdings in shares of Interface, Inc. (NASDAQ:TILE – Free Report) by 47.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 225,000 shares of the textile maker’s stock after selling 200,000 shares during the period. Interface accounts for 2.0% of Matthew 25 Management Corp’s holdings, making the stock its 15th biggest holding. Matthew 25 Management Corp’s holdings in Interface were worth $6,512,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the business. TD Private Client Wealth LLC purchased a new stake in Interface during the third quarter worth $32,000. Blue Trust Inc. purchased a new position in shares of Interface in the 3rd quarter valued at $34,000. EverSource Wealth Advisors LLC purchased a new position in shares of Interface in the 2nd quarter valued at $35,000. Richardson Financial Services Inc. raised its position in shares of Interface by 166.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 1,569 shares of the textile maker’s stock worth $45,000 after acquiring an additional 980 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Interface by 63.3% in the 3rd quarter. Global Retirement Partners LLC now owns 1,759 shares of the textile maker’s stock worth $51,000 after acquiring an additional 682 shares in the last quarter. 98.34% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on TILE shares. Barrington Research raised their price objective on Interface from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Wall Street Zen downgraded shares of Interface from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 1st. Weiss Ratings lowered shares of Interface from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Zacks Research cut shares of Interface from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Interface has a consensus rating of “Hold” and a consensus target price of $36.00.
Insider Buying and Selling at Interface
In other news, VP James Poppens sold 8,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $28.05, for a total transaction of $224,400.00. Following the transaction, the vice president owned 103,846 shares in the company, valued at $2,912,880.30. This represents a 7.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 25,650 shares of company stock worth $736,292 in the last 90 days. 2.30% of the stock is currently owned by insiders.
Interface Stock Performance
Shares of TILE opened at $28.14 on Friday. The company has a current ratio of 2.34, a quick ratio of 1.18 and a debt-to-equity ratio of 0.27. The firm has a market cap of $1.64 billion, a PE ratio of 14.36, a P/E/G ratio of 0.92 and a beta of 1.87. Interface, Inc. has a 12 month low of $17.24 and a 12 month high of $35.11. The stock has a fifty day moving average price of $31.18 and a 200-day moving average price of $28.76.
Interface (NASDAQ:TILE – Get Free Report) last announced its earnings results on Tuesday, February 24th. The textile maker reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.09. Interface had a return on equity of 19.54% and a net margin of 8.37%.The firm had revenue of $349.39 million for the quarter, compared to the consensus estimate of $350.54 million. During the same period in the previous year, the business earned $0.34 EPS. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. Equities research analysts predict that Interface, Inc. will post 1.37 earnings per share for the current fiscal year.
Interface Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be issued a $0.03 dividend. This is a boost from Interface’s previous quarterly dividend of $0.02. This represents a $0.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Friday, March 27th. Interface’s dividend payout ratio is 4.08%.
Key Stories Impacting Interface
Here are the key news stories impacting Interface this week:
- Positive Sentiment: Quarterly earnings beat — Interface reported $0.49 EPS vs. $0.40 expected, showing improving profitability and year‑over‑year EPS growth; that beat supports valuation and investor confidence. MarketBeat TILE page
- Positive Sentiment: Dividend increase — the board raised the quarterly payout to $0.03 (annualized $0.12), signaling confidence in cash flow and adding modest income appeal. MarketBeat TILE page
- Positive Sentiment: Institutional buying — multiple hedge funds and asset managers materially increased stakes in Q4 (Fuller & Thaler, UBS, Balyasny, etc.), which can provide a stable shareholder base and reduce volatility. MarketBeat TILE page
- Neutral Sentiment: Technicals/analyst views — Zacks notes TILE is in oversold territory and analysts have been raising estimates, which could support a technical bounce; consensus target remains around $36. Zacks turnaround article
- Negative Sentiment: Insider selling — VP James Poppens sold shares on multiple days (Mar 3–6), totaling roughly 25k+ shares across consecutive transactions; while insiders still hold large positions, the volume and cadence of sales can be perceived as a near‑term negative signal. SEC filing: SEC filing
Interface Profile
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.
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