EMG Holdings L.P. Sells 18,137 Shares of Floor & Decor Holdings, Inc. $FND

EMG Holdings L.P. trimmed its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 31.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,000 shares of the company’s stock after selling 18,137 shares during the quarter. Floor & Decor accounts for 0.5% of EMG Holdings L.P.’s holdings, making the stock its 16th largest holding. EMG Holdings L.P.’s holdings in Floor & Decor were worth $2,032,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after acquiring an additional 3,881,522 shares during the period. Champlain Investment Partners LLC purchased a new position in Floor & Decor during the 4th quarter valued at about $108,060,000. Durable Capital Partners LP bought a new stake in shares of Floor & Decor in the 2nd quarter valued at about $106,221,000. FIL Ltd raised its holdings in shares of Floor & Decor by 193.9% in the 4th quarter. FIL Ltd now owns 1,836,696 shares of the company’s stock valued at $111,836,000 after purchasing an additional 1,211,731 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Floor & Decor by 161.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,893,048 shares of the company’s stock worth $115,268,000 after purchasing an additional 1,168,084 shares during the period.

Key Headlines Impacting Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor earned $0.58 per share, exceeding analyst estimates of approximately $0.56-$0.57. Revenue reached $1.25 billion, above the roughly $1.23 billion consensus estimate. Floor & Decor Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised or reaffirmed fiscal 2026 EPS guidance at $2.20-$2.45, well above the approximately $1.91 analyst consensus. Full-year revenue guidance of $4.8 billion-$5.0 billion was at least in line with expectations. Floor & Decor Announces Second-Quarter Fiscal 2026 Results
• Neutral Sentiment: Quarterly revenue increased 3.0% year over year, but EPS was unchanged from the prior-year quarter at $0.58. This suggests the earnings beat was favorable, though underlying growth remains relatively measured. Floor & Decor Earnings Report
• Negative Sentiment: The company indicated that demand for larger discretionary home-improvement projects remains challenging. That caution could temper investor enthusiasm despite the quarterly beat and improved earnings outlook. Floor & Decor Announces Second-Quarter Fiscal 2026 Results

Floor & Decor Stock Down 0.7%

Shares of Floor & Decor stock opened at $55.37 on Friday. The firm’s 50 day moving average price is $53.69 and its 200-day moving average price is $57.30. Floor & Decor Holdings, Inc. has a 52-week low of $42.64 and a 52-week high of $92.40. The company has a market cap of $5.97 billion, a P/E ratio of 30.09, a PEG ratio of 4.65 and a beta of 1.58.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the business posted $0.58 EPS. Floor & Decor’s revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities research analysts forecast that Floor & Decor Holdings, Inc. will post 1.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other Floor & Decor news, CEO Bradley Paulsen acquired 5,000 shares of the stock in a transaction dated Monday, May 4th. The stock was purchased at an average price of $50.25 per share, with a total value of $251,250.00. Following the transaction, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at $4,271,752.50. This trade represents a 6.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Bryan Langley acquired 2,500 shares of the stock in a transaction dated Monday, May 4th. The stock was acquired at an average cost of $48.69 per share, with a total value of $121,725.00. Following the transaction, the chief financial officer directly owned 42,016 shares in the company, valued at approximately $2,045,759.04. This represents a 6.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $75.00 price objective on shares of Floor & Decor in a research note on Friday, May 1st. Citigroup reissued a “neutral” rating on shares of Floor & Decor in a research note on Thursday, July 16th. TD Cowen lowered their target price on Floor & Decor from $60.00 to $48.00 and set a “hold” rating for the company in a report on Friday, May 1st. Mizuho dropped their target price on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Finally, Zacks Research upgraded Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $57.72.

Floor & Decor Company 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.