JPMorgan Chase & Co. increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 15.2% during the third quarter, acquiring an additional 222,401 shares, bringing its total to 1,684,030 shares valued at approximately $124.1 million. This increase makes JPMorgan Chase & Co. the largest institutional shareholder with about 1.56% ownership. Other institutional investors also adjusted their positions, and despite a recent consensus “Hold” rating, Floor & Decor reported Q4 EPS above estimates and 2% revenue growth, though its FY2026 guidance was slightly below consensus, leading to mixed analyst sentiment.
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JPMorgan Chase & Co. Boosts Position in Floor & Decor Holdings, Inc. $FND
JPMorgan Chase & Co. increased its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 15.2% during the third quarter, acquiring an additional 222,401 shares, bringing its total to 1,684,030 shares valued at approximately $124.1 million. This increase makes JPMorgan Chase & Co. the largest institutional shareholder with about 1.56% ownership. Other institutional investors also adjusted their positions, and despite a recent consensus “Hold” rating, Floor & Decor reported Q4 EPS above estimates and 2% revenue growth, though its FY2026 guidance was slightly below consensus, leading to mixed analyst sentiment.