FergusonFERG
FERG
About: Ferguson distributes plumbing and HVAC products to North American repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 36,000 suppliers. Ferguson engages customers through approximately 1,800 North American branches, over the phone, online, and in residential showrooms. According to Modern Distribution Management, Ferguson is the largest plumbing distributor and second-largest HVAC distributor (next to Watsco) in North America. The firm sold its UK business in 2021 and is now solely focused on the North American market.
Employees: 36,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
3.15% more ownership
Funds ownership: 83.73% [Q3] → 86.88% (+3.15%) [Q4]
9% more call options, than puts
Call options by funds: $98.2M | Put options by funds: $90.1M
2% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 101
4% less funds holding
Funds holding: 693 [Q3] → 663 (-30) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 279
21% less capital invested
Capital invested by funds: $38.4B [Q3] → $30.1B (-$8.22B) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 27 [Q3] → 18 (-9) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$189
7%
upside
Avg. target
$212
21%
upside
High target
$240
36%
upside
9 analyst ratings
7 positive
78%
2 neutral
22%
0 negative
0%
Wells Fargo Sam Reid 28% 1-year accuracy 8 / 29 met price target | 16%upside $205 | Overweight Maintained | 4 Feb 2025 |
Morgan Stanley Annelies Vermeulen 100% 1-year accuracy 1 / 1 met price target | 16%upside $204 | Overweight Initiated | 3 Feb 2025 |
Barclays Matthew Bouley 34% 1-year accuracy 23 / 68 met price target | 20%upside $211 | Overweight Maintained | 16 Jan 2025 |
UBS John Lovallo 14% 1-year accuracy 4 / 28 met price target | 10%upside $193 | Neutral Downgraded | 8 Jan 2025 |
B of A Securities Arnaud Lehmann 100% 1-year accuracy 1 / 1 met price target | 28%upside $225 | Buy Upgraded | 8 Jan 2025 |
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
PERENfra announces Perennial Infrastructure Fund I
DENVER, Feb. 13, 2025 /PRNewswire/ -- PERENfra LLC ("PERENfra") today announced the launch of Perennial Infrastructure Fund I™ (the "Fund"), a private investment fund focused on core water infrastructure assets. The Fund aims to provide investors with income and long-term capital appreciation through investments in safe, sustainable, efficient water solutions in a growing industry.
Neutral
Business Wire
1 month ago
Ferguson Enterprises Inc.: Notice of Dividend Currency Exchange Rate
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On December 10, 2024, Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announced its intention to pay a quarterly dividend of $0.83 per share. The dividend will be paid on February 6, 2025, to stockholders of record as of the close of business on December 20, 2024. Holders of Depositary Interests, being participants within CREST, will receive pounds sterling (“GBP”) as the default currency unless an election is made for payment in an alternative currency. Fu.
Neutral
PRNewsWire
1 month ago
WINT and Ferguson announce strategic collaboration to elevate water management and leak mitigation for real estate and construction
Industry leaders deliver comprehensive distribution of AI-based water management, protection and risk mitigation solutions throughout the U.S. NEW YORK, Jan. 14, 2025 /PRNewswire/ -- WINT Water Intelligence, a global leader in cutting-edge water management and leak-prevention solutions, announces a strategic collaboration with Ferguson, the largest value-added distributor of plumbing supplies, PVF, waterworks, and fire and fabrication products in the United States. WINT's solutions are now available to Ferguson's extensive distribution network, offering a broader selection of advanced technologies that complement Ferguson's existing commercial building solutions.
Neutral
Business Wire
1 month ago
Ferguson Files Form 8-K
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On January 10, 2025, Ferguson Enterprises Inc. (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. January 10, 2025 – Form 8-K About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in.
Negative
24/7 Wall Street
1 month ago
Billionaire Nelson Peltz Shifts Focus: Sells Ferguson Enterprises Stake While Investing in Troubled Financial Services Stock
The story of 2024 for billionaire activist investor Nelson Peltz and his Trian Fund Management was the investment firm's complete exit from its significant stake in Walt Disney (NYSE:DIS) after a 16-month fight with the House That Walt Built.
Negative
Seeking Alpha
2 months ago
Ferguson: Rating Downgrade On Uncertain Near-Term Margin Outlook
Downgrade Ferguson to hold due to disappointing 1Q25 results, with sales in line, but margins significantly compressed by price deflation and rising SG&A costs. The residential demand outlook remains uncertain, with no positive signs from macro indicators like housing starts and existing home sales. FERG's near-term margin performance is at risk, with potential for further compression if revenue does not grow and SG&A costs remain high.
Neutral
PRNewsWire
2 months ago
$500,000 ACT Grant Awarded to Fund Newport News Public Schools' New Teacher Institute Program
Four leading companies partner in support of education and workforce development mission NEWPORT NEWS, Va. , Dec. 11, 2024 /PRNewswire/ -- Today, the BayPort Foundation, Ferguson, Newport News Shipbuilding, a division of HII, and Virginia Natural Gas announced that the Newport News Education Foundation has been awarded the $500,000 Accelerating Change Together (ACT) Grant to support the Newport News Public Schools (NNPS) New Teacher Institute (NTI) program.
Neutral
Business Wire
2 months ago
Ferguson Files Form 10-Q
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On December 10, 2024, Ferguson Enterprises Inc. (the "Company") filed a Form 10-Q with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. December 10, 2024 – Form 10-Q About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professiona.
Neutral
Seeking Alpha
2 months ago
Ferguson Enterprises (FERG) Q1 2025 Earnings Call Transcript
Ferguson Enterprises Inc. (NYSE:FERG ) Q1 2025 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants Kevin Murphy - President, Chief Executive Officer Bill Brundage - Chief Financial Officer Brian Lantz - Vice President, Investor Relations Conference Call Participants Keith Hughes - Truist Phil Ng - Jefferies Matthew Bouley - Barclays Stephen Mia - RBC Capital Markets Matt Johnson - UBS David Manthey - Baird Brian Biros - Thompson Research Group Operator Good morning all and thank you for joining us for Ferguson's first quarter conference call. My name is Colin and I'll be coordinating your call today.
Neutral
Business Wire
2 months ago
Ferguson Reports First Quarter Results
NEWPORT NEWS, Va.--(BUSINESS WIRE)--Kevin Murphy, Ferguson CEO, commented, “Our associates remained focused on execution, delivering revenue growth in the quarter, despite continued market headwinds and commodity price deflation. The year has started largely as expected and our balanced business mix and ability to deploy scale locally give us confidence in our continued market outperformance. Our strong balance sheet and cash generative model allow us to continue to invest for organic growth, c.
Charts implemented using Lightweight Charts™