KPP Advisory Services LLC Grows Stock Holdings in Builders FirstSource, Inc. $BLDR

KPP Advisory Services LLC lifted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 58.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,131 shares of the company’s stock after buying an additional 1,895 shares during the period. KPP Advisory Services LLC’s holdings in Builders FirstSource were worth $599,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. IMA Advisory Services Inc. acquired a new stake in shares of Builders FirstSource in the 1st quarter worth $31,000. CX Institutional purchased a new stake in Builders FirstSource in the first quarter valued at about $45,000. Mather Group LLC. boosted its holdings in Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company’s stock worth $74,000 after acquiring an additional 98 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Builders FirstSource by 21.0% during the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after acquiring an additional 109 shares in the last quarter. Finally, New Age Alpha Advisors LLC raised its position in shares of Builders FirstSource by 22.8% in the 1st quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after purchasing an additional 119 shares during the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BLDR has been the subject of a number of research analyst reports. DA Davidson decreased their price target on shares of Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Stifel Nicolaus upped their target price on Builders FirstSource from $118.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Barclays reduced their target price on Builders FirstSource from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, August 1st. Zelman & Associates reissued an “underperform” rating on shares of Builders FirstSource in a report on Friday, July 18th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Builders FirstSource in a research note on Saturday, September 27th. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $151.50.

Builders FirstSource Trading Up 0.7%

BLDR stock opened at $128.67 on Monday. The business’s 50-day moving average is $133.79 and its 200 day moving average is $124.20. Builders FirstSource, Inc. has a 12-month low of $102.60 and a 12-month high of $201.53. The stock has a market cap of $14.22 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 14.39 and a beta of 1.62. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $0.03. The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The firm’s revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $3.50 earnings per share. Builders FirstSource has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.