Builders FirstSource jumps on earnings beat and steady 2026 outlook

By: Quiver PriceTracker

Posted: 2 hours ago / Oct. 29, 2026 5:36 p.m. UTC

BLDR

Builders FirstSource (BLDR) is up 9.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a stronger-than-expected third-quarter earnings report, with Builders FirstSource delivering a profit and revenue beat despite a difficult housing backdrop. Investors also seemed encouraged that management kept a full-year sales and EBITDA outlook in place, suggesting operating discipline and market share gains are helping offset softer demand.

Details:

Builders FirstSource reported third-quarter adjusted earnings of $1.51 per share, ahead of Wall Street expectations.

Quarterly net sales were about $3.9 billion, down modestly from a year earlier but still better than consensus estimates.

The company indicated core organic sales fell in single-family construction, while multifamily activity improved and repair-and-remodel trends were roughly stable.

Management said it still expects 2026 net sales of $14.2 billion to $14.6 billion and adjusted EBITDA of $1.075 billion to $1.125 billion, which likely helped reinforce confidence in the outlook.

Sources:

Builders FirstSource investor relations, SEC, Zacks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BLDR Hedge Fund Activity

We have seen 324 institutional investors add shares of $BLDR stock to their portfolio, and 415 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PICTET ASSET MANAGEMENT HOLDING SA added 2,422,744 shares (+175.8%) to their portfolio in Q2 2026, for an estimated $216,787,133
VICTORY CAPITAL MANAGEMENT INC removed 1,689,440 shares (-83.3%) from their portfolio in Q2 2026, for an estimated $151,171,091
D1 CAPITAL PARTNERS L.P. added 1,639,222 shares (+inf%) to their portfolio in Q2 2026, for an estimated $146,677,584
BOSTON PARTNERS removed 1,574,234 shares (-98.2%) from their portfolio in Q2 2026, for an estimated $140,862,458
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,222,034 shares (+inf%) to their portfolio in Q2 2026, for an estimated $109,347,602
CAPITAL INTERNATIONAL INVESTORS added 964,190 shares (+32.8%) to their portfolio in Q2 2026, for an estimated $86,275,721
BLACKROCK, INC. removed 927,860 shares (-10.6%) from their portfolio in Q2 2026, for an estimated $83,024,912

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.