Littlejohn & Co. LLC Buys Shares of 130,000 Floor & Decor Holdings, Inc. $FND

Littlejohn & Co. LLC bought a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 130,000 shares of the company’s stock, valued at approximately $7,916,000. Floor & Decor comprises 4.1% of Littlejohn & Co. LLC’s investment portfolio, making the stock its 7th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of FND. Advisory Services Network LLC purchased a new position in shares of Floor & Decor in the 3rd quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after purchasing an additional 247 shares during the last quarter. Clearstead Advisors LLC grew its stake in shares of Floor & Decor by 215.7% in the 4th 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 last quarter. eCIO Inc. acquired a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $41,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of Floor & Decor by 35.5% in the 4th quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock valued at $44,000 after buying an additional 189 shares during the period.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. UBS Group reduced their price target on Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Stifel Nicolaus set a $75.00 price target on Floor & Decor in a report on Friday, May 1st. Telsey Advisory Group reduced their price target on Floor & Decor from $80.00 to $61.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Mizuho reduced their price target on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Finally, Robert W. Baird set a $63.00 price target on Floor & Decor in a report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $59.17.

Insider Transactions at Floor & Decor

In related news, CFO Bryan Langley purchased 2,500 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was bought at an average cost of $48.69 per share, with a total value of $121,725.00. Following the completion of the acquisition, the chief financial officer directly owned 42,016 shares in the company, valued at $2,045,759.04. The trade was a 6.33% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $48.28, for a total value of $733,856.00. Following the completion of the transaction, the executive vice president directly owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company’s stock.

Floor & Decor Stock Performance

Shares of FND stock opened at $47.30 on Friday. The stock has a fifty day moving average price of $49.63 and a 200 day moving average price of $59.46. The stock has a market cap of $5.10 billion, a PE ratio of 25.71, a P/E/G ratio of 4.21 and a beta of 1.62. 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 data 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 return on equity of 8.38% and a net margin of 4.27%.The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, equities research 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.