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 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more funds holding in top 10
Funds holding in top 10: 17 [Q2] → 27 (+10) [Q3]
44% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 102
16% more call options, than puts
Call options by funds: $133M | Put options by funds: $115M
7% more funds holding
Funds holding: 647 [Q2] → 692 (+45) [Q3]
6% more capital invested
Capital invested by funds: $36B [Q2] → $38.1B (+$2.1B) [Q3]
1.68% more ownership
Funds ownership: 81.35% [Q2] → 83.02% (+1.68%) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 243
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$215
21%
upside
Avg. target
$228
28%
upside
High target
$240
35%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Wells Fargo Sam Reid 21% 1-year accuracy 5 / 24 met price target | 21%upside $215 | Overweight Maintained | 17 Dec 2024 |
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target | 31%upside $234 | Overweight Maintained | 12 Dec 2024 |
Berenberg Harry Goad 0% 1-year accuracy 0 / 1 met price target | 35%upside $240 | Buy Maintained | 11 Dec 2024 |
RBC Capital Mike Dahl 54% 1-year accuracy 31 / 57 met price target | 23%upside $219 | Outperform Reiterated | 11 Dec 2024 |
Baird David Manthey 59% 1-year accuracy 22 / 37 met price target | 26%upside $225 | Outperform Maintained | 11 Dec 2024 |
Financial journalist opinion
Based on 9 articles about FERG published over the past 30 days
Negative
Seeking Alpha
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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.
Neutral
Business Wire
1 week ago
Ferguson Files Form 8-K
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On December 6, 2024, 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. All business conducted at the 2024 annual meeting of stockholders and referenced in the Form 8-K constitutes ordinary business for the purpose of the UK L.
Neutral
CNBC Television
2 weeks ago
Josh Brown's watchlist: Johnson Controls, Ferguson Enterprises and Cloudflare
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss some of the stocks he's got on his watchlist.
Positive
Seeking Alpha
2 weeks ago
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
Neutral
Business Wire
3 weeks ago
Ferguson to Issue First Quarter Results And Host Conference Call on December 10, 2024
NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson (NYSE: FERG; LSE: FERG) announces today that it will issue its first quarter results on Tuesday, December 10, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation th.
Neutral
Business Wire
1 month ago
Ferguson Files Form 8-K
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On October 31 2024, 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. October 31 - Form 8-K About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in our $3.
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