Wolf Hill Capital Management LP Sells 428,286 Shares of Floor & Decor Holdings, Inc. $FND

Wolf Hill Capital Management LP cut its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 43.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 548,315 shares of the company’s stock after selling 428,286 shares during the period. Floor & Decor accounts for 3.7% of Wolf Hill Capital Management LP’s holdings, making the stock its 9th biggest holding. Wolf Hill Capital Management LP’s holdings in Floor & Decor were worth $33,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in Floor & Decor in the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. increased its position in Floor & Decor by 207.6% in the third 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. Los Angeles Capital Management LLC acquired a new position in shares of Floor & Decor during the fourth quarter valued at $34,000. Clearstead Advisors LLC increased its holdings in shares of Floor & Decor by 215.7% during the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 384 shares during the period. Finally, State of Wyoming acquired a new position in shares of Floor & Decor during the second quarter valued at $46,000.

Insiders Place Their Bets

In other Floor & Decor news, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $48.28, for a total transaction of $733,856.00. Following the completion of the sale, the executive vice president directly 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Bradley Paulsen acquired 5,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were acquired at an average price of $50.25 per share, with a total value of $251,250.00. Following the completion of the transaction, the chief executive officer directly owned 85,010 shares in the company, valued at approximately $4,271,752.50. This trade represents a 6.25% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

FND has been the subject of several research reports. JPMorgan Chase & Co. decreased their target price on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. UBS Group decreased their target price on Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Robert W. Baird set a $63.00 target price on Floor & Decor in a research note on Friday, May 1st. Evercore set a $51.00 target price on Floor & Decor in a research note on Friday, May 1st. Finally, TD Cowen decreased their target price on Floor & Decor from $60.00 to $48.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $59.17.

Floor & Decor Stock Down 0.1%

NYSE:FND opened at $53.28 on Monday. Floor & Decor Holdings, Inc. has a 1-year low of $42.64 and a 1-year high of $92.40. The firm has a market capitalization of $5.75 billion, a price-to-earnings ratio of 28.96, a price-to-earnings-growth ratio of 4.59 and a beta of 1.62. The stock has a fifty day simple moving average of $49.64 and a 200 day simple moving average of $59.18.

Floor & Decor (NYSE:FND) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business earned $0.46 EPS. The company’s revenue for the quarter was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Equities analysts predict that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current year.

Floor & Decor 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.