Vanguard Personalized Indexing Management LLC Sells 1,075 Shares of Builders FirstSource, Inc. $BLDR

Vanguard Personalized Indexing Management LLC trimmed its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 9.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 10,770 shares of the company’s stock after selling 1,075 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Builders FirstSource were worth $1,257,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BLDR. IMA Advisory Services Inc. bought a new position in shares of Builders FirstSource in the 1st quarter worth $31,000. Mather Group LLC. raised its position in shares of Builders FirstSource by 19.7% in the 1st 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 raised its position in shares of Builders FirstSource by 21.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock worth $78,000 after acquiring an additional 109 shares in the last quarter. New Age Alpha Advisors LLC increased its position in Builders FirstSource by 22.8% during the 1st quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after buying an additional 119 shares in the last quarter. Finally, Brooklyn Investment Group increased its position in Builders FirstSource by 363.9% during the 1st quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock valued at $90,000 after buying an additional 564 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Stock Down 0.2%

Builders FirstSource stock opened at $122.75 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. The business’s 50-day simple moving average is $132.70 and its two-hundred day simple moving average is $124.05. The company has a market cap of $13.57 billion, a PE ratio of 18.63, a PEG ratio of 13.72 and a beta of 1.62. Builders FirstSource, Inc. has a fifty-two week low of $102.60 and a fifty-two week high of $196.47.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.03. The business 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 company’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. Equities analysts anticipate that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Robert W. Baird lowered Builders FirstSource from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $145.00 to $130.00 in a research report on Friday, August 1st. Royal Bank Of Canada lowered Builders FirstSource from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $132.00 to $129.00 in a research report on Friday, August 1st. 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. DA Davidson reduced their target price on Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, August 4th. Finally, Wedbush reaffirmed a “neutral” rating and set a $145.00 target price on shares of Builders FirstSource in a research report on Monday, September 15th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $147.29.

About Builders FirstSource

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.