<div id="readability-page-1"><p>Wedge Capital Management L L P NC raised its position in  Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 16.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 67,883 shares of the company's stock after purchasing an additional 9,664 shares during the quarter. Wedge Capital Management L L P NC owned approximately 0.06% of Builders FirstSource worth $7,921,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Builders FirstSource</strong> alerts:</span></p></div><ul><li>Potential Rate Cuts Could Benefit These Firms</li></ul><p>A number of other institutional investors and hedge funds have also recently bought and sold shares of BLDR. IMA Advisory Services Inc. purchased a new position in  Builders FirstSource in the first quarter valued at about $31,000.  Sentry Investment Management LLC purchased a new position in  Builders FirstSource in the first quarter valued at about $40,000.  CX Institutional purchased a new position in  Builders FirstSource in the first quarter valued at about $45,000.  Mather Group LLC. grew its stake in  Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company's stock valued at $74,000 after purchasing an additional 98 shares in the last quarter.  Finally, Smartleaf Asset Management LLC boosted its stake in shares of  Builders FirstSource by 21.0% during 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. Hedge funds and other institutional investors own  95.53% of the company's stock. </p><h2>Builders FirstSource Stock Down 3.8%</h2><p>Shares of BLDR opened at $123.98 on Friday. The firm has a market capitalization of $13.71 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 13.15 and a beta of 1.61. 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 fifty day moving average price is $135.18 and its two-hundred day moving average price is $124.76. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $201.79. </p><ul><li>Insiders Spent Millions on These 3 Stocks Over the Past 2 Months</li></ul><p>Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.38 EPS for the quarter, beating analysts' consensus estimates of $2.35 by $0.03. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company earned $3.50 EPS.  Builders FirstSource has set its FY 2025 guidance at  EPS. On average, analysts predict that  Builders FirstSource, Inc. will post 11.59 earnings per share for the current year. </p><h2>Analyst Ratings Changes</h2><p>Several analysts have recently issued reports on BLDR shares. Baird R W downgraded Builders FirstSource from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, August 1st. Royal Bank Of Canada downgraded Builders FirstSource from an &#34;outperform&#34; rating to a &#34;sector perform&#34; rating and decreased their price target for the stock from $132.00 to $129.00 in a research note on Friday, August 1st. Stifel Nicolaus upped their price target on Builders FirstSource from $118.00 to $128.00 and gave the stock a &#34;hold&#34; rating in a research note on Friday, August 1st. Barclays decreased their price target on Builders FirstSource from $137.00 to $135.00 and set an &#34;overweight&#34; rating for the company in a research note on Friday, August 1st. Finally, Oppenheimer  set a $155.00 price target on Builders FirstSource and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, July 10th. Ten analysts have rated the stock with a Buy rating, eight have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat.com, Builders FirstSource  has an average rating of &#34;Hold&#34; and an average price target of $151.88.</p><ul><li>The Housing Market Is in Trouble - What to Watch Out For</li></ul><p><b>Get Our Latest Stock Analysis on Builders FirstSource</b></p><h2>Builders FirstSource Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Builders FirstSource</li><li>Bank Stocks - Best Bank Stocks to Invest In</li><li>Caterpillar Stock Hits All-Time High—Is There More Room to Run?</li><li>Trading Halts Explained</li><li>Berkshire-Backed Lennar Slides After Weak Q3 Earnings</li><li>3 Monster Growth Stocks to Buy Now</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJMRFI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJMRFI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Builders FirstSource Right Now?</h2><p>Before you consider Builders FirstSource, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Builders FirstSource wasn't on the list.</p><p>While Builders FirstSource currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BLDR

<p>Wedge Capital Management L L P NC increased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 16.6% in Q2, now owning 67,883 shares valued at approximately $7.92 million. Other institutional investors also acquired shares, with hedge funds holding 95.53% of the company. Builders FirstSource's stock recently opened at $123.98, down 3.8%, with a market cap of $13.71 billion. The company reported Q2 earnings of $2.38 EPS, beating estimates, but revenue fell 5% year-over-year. Analysts have mixed ratings, with an average price target of $151.88.</p>

Builders FirstSource, Inc. $BLDR Holdings Lifted by Wedge Capital Management L L P NC