Schonfeld Strategic Advisors 13F: Adds $11M to BLDR Stake

Schonfeld Expands Its Footprint in Builders FirstSource

Schonfeld Strategic Advisors lifted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 78.8% during the period, according to a Form 13F filing with the Securities and Exchange Commission. The quantitative and multi-manager firm added 120,629 shares to its holdings, bringing its total count to 273,723 shares. Based on the fund's reported cost basis of $109.85 per share, the expanded stake is valued at roughly $24.49 million. Because 13F filings are backward-looking snapshots taken at the end of a reporting period, this update captures past portfolio moves and may not reflect the fund's current holdings today.

Builders FirstSource Stock and Market Valuation

Shares of Builders FirstSource trade around $89.48. The company operates with a forward P/E ratio of 13.24, pointing to expected earnings growth relative to its current share price. The stock's valuation reflects its position in the building products sector, where demand shifts alongside residential construction and repair activity.

Wall Street Analyst Rating Updates

Wall Street research firms have actively adjusted their outlooks on the building products provider. On October 16, 2026, Oppenheimer kept its Outperform rating while moving its target from $90.00 to $78.00. On the same day, Wells Fargo maintained an Equal-Weight rating and lowered its target from $63.00 to $55.00. Earlier, Truist Securities kept a Buy rating on October 8, 2026, while adjusting its target to $70.00 from $90.00. RBC Capital downgraded the stock to Sector Perform on October 7, 2026, setting a $62.00 target. StoneX maintained a Buy rating on October 1, 2026, with an $85.00 target. Wells Fargo also kept an Equal-Weight rating on September 11, 2026, with a $63.00 target, following an initiation from Citizens with a Market Perform rating on August 21, 2026, and a UBS Buy rating on July 31, 2026, at an $88.00 target. Across the broader analyst community, the stock carries a consensus buy recommendation from 21 analysts with a target mean price of $80.62.

Building Materials and Residential Construction

Builders FirstSource, Inc. provides building materials and manufactured products for professional builders across the United States. The company supplies factory-built framing substitutes, roof and floor trusses, windows, doors, and various specialty building products to support new residential construction, repair, and remodeling projects.

What to Watch Next for BLDR

Investors tracking the stock can look ahead to the company's next scheduled financial update on October 29, 2026, for further operational results. As institutional investors file subsequent reports, market participants will gain additional clarity on how funds like Schonfeld manage their positions.