Builders FirstSource Gains New Institutional Stakes as Bessemer and Fifth Third Increase Holdings

Bessemer Group Inc. increased its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 5.4% during the first quarter, bringing its holding to 528,056 shares—about 0.49% of the company’s stock and worth roughly $43.5 million. Fifth Third Bancorp also expanded its position, buying an additional 52,259 shares to own 54,016 shares valued at about $4.45 million. Both filings were disclosed in recent SEC 13‑F reports.

The filings note that institutional investors collectively own approximately 95.5% of Builders FirstSource’s outstanding shares. Analyst coverage of the stock has shifted, with Benchmark lowering its price target to $105, Robert W. Baird to $95, and UBS to $122, while Royal Bank of Canada set an "outperform" target of $107. These updates were released in early May.