Ferguson plc $FERG Shares Newly Purchased by ProShare Advisors LLC

ProShare Advisors LLC acquired a new stake in Ferguson plc (NYSE:FERG) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 30,071 shares of the company’s stock, valued at approximately $6,694,000.

Several other hedge funds have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new position in shares of Ferguson in the third quarter valued at approximately $28,000. Compass Financial Management LLC purchased a new stake in shares of Ferguson during the second quarter valued at approximately $32,000. Eastern Bank bought a new stake in Ferguson during the second quarter worth $42,000. Vega Investment Solutions lifted its holdings in Ferguson by 50.5% during the second quarter. Vega Investment Solutions now owns 277 shares of the company’s stock worth $66,000 after acquiring an additional 93 shares during the period. Finally, Keating Financial Advisory Services Inc. lifted its holdings in Ferguson by 93.5% during the second quarter. Keating Financial Advisory Services Inc. now owns 296 shares of the company’s stock worth $70,000 after acquiring an additional 143 shares during the period. Institutional investors own 81.98% of the company’s stock.

Insider Activity

In other Ferguson news, insider Kevin Murphy sold 11,259 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $216.78, for a total transaction of $2,440,726.02. Following the sale, the insider owned 173,863 shares of the company’s stock, valued at $37,690,021.14. The trade was a 6.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO William Brundage sold 5,986 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $218.74, for a total value of $1,309,377.64. Following the sale, the chief financial officer owned 54,908 shares in the company, valued at approximately $12,010,575.92. This represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 38,808 shares of company stock valued at $8,571,587. 0.15% of the stock is currently owned by corporate insiders.

More Ferguson News

Here are the key news stories impacting Ferguson this week:

• Neutral Sentiment: Ferguson’s board declared a quarterly dividend of $0.89 per share, payable January 8, 2027, to shareholders of record on November 20, 2026. The payout supports shareholder returns, but the announcement does not say the dividend was increased, so it may offer limited explanation for the stock’s trading. Ferguson Declares Dividend

Ferguson Stock Performance

NYSE:FERG opened at $248.36 on Thursday. The company has a market capitalization of $48.05 billion, a P/E ratio of 29.18, a P/E/G ratio of 1.75 and a beta of 1.11. The business has a fifty day simple moving average of $225.41 and a two-hundred day simple moving average of $237.27. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.73 and a quick ratio of 0.93. Ferguson plc has a 1 year low of $212.13 and a 1 year high of $271.64.

Ferguson (NYSE:FERG) last issued its quarterly earnings results on Monday, August 10th. The company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.16. The firm had revenue of $8.75 billion for the quarter. Ferguson had a return on equity of 37.24% and a net margin of 6.82%. On average, analysts expect that Ferguson plc will post 11.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Robert W. Baird boosted their price objective on Ferguson from $285.00 to $288.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein raised their target price on Ferguson from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. DA Davidson lifted their target price on Ferguson from $278.00 to $284.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Jefferies Financial Group cut their price target on shares of Ferguson from $295.00 to $292.00 in a report on Thursday, October 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Ferguson in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $287.44.

Ferguson Profile

Ferguson plc (NYSE: FERG) is a value-added distributor of plumbing, heating, ventilation and air conditioning (HVAC), waterworks, fire protection and other building and industrial products. The company serves professional contractors, municipalities, commercial and industrial businesses, and other customers through a network of branches, distribution centers, showrooms and digital platforms.

Its product offering includes pipes, valves, fittings, plumbing fixtures, water and wastewater infrastructure products, HVAC equipment, fire protection systems, industrial supplies and related tools and services.