Ferguson plc $FERG Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its holdings in shares of Ferguson plc (NYSE:FERG) by 96.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,457 shares of the company’s stock after selling 205,843 shares during the quarter. Renaissance Technologies LLC’s holdings in Ferguson were worth $1,739,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FERG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Ferguson by 23.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,262 shares of the company’s stock valued at $2,445,000 after buying an additional 2,940 shares in the last quarter. Caxton Associates LLP acquired a new position in Ferguson during the first quarter worth $310,000. Focus Partners Wealth raised its position in Ferguson by 22.7% during the first quarter. Focus Partners Wealth now owns 3,140 shares of the company’s stock worth $503,000 after acquiring an additional 581 shares during the period. Sivia Capital Partners LLC purchased a new position in Ferguson during the second quarter valued at $257,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Ferguson by 7.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 690 shares of the company’s stock valued at $150,000 after purchasing an additional 48 shares in the last quarter. 81.98% of the stock is owned by institutional investors and hedge funds.

Ferguson Price Performance

Ferguson stock opened at $252.52 on Wednesday. The company has a fifty day simple moving average of $234.66 and a 200-day simple moving average of $240.91. The firm has a market capitalization of $48.97 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.87 and a beta of 1.14. The company has a quick ratio of 0.96, a current ratio of 1.78 and a debt-to-equity ratio of 0.68. Ferguson plc has a 52-week low of $207.64 and a 52-week high of $271.64.

Ferguson (NYSE:FERG) last posted its quarterly earnings results on Monday, August 10th. The company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.16. The firm had revenue of $8.75 billion for the quarter. Ferguson had a net margin of 6.82% and a return on equity of 37.68%. On average, equities analysts anticipate that Ferguson plc will post 11.25 EPS for the current fiscal year.

Ferguson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, August 21st will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 21st. Ferguson’s dividend payout ratio (DPR) is 41.40%.

Ferguson announced that its board has initiated a share repurchase plan on Tuesday, May 5th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 3.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Ferguson News Roundup

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Ferguson reported second-quarter adjusted earnings of $3.39 per share, above the $3.23 consensus estimate, on revenue of $8.75 billion. Management cited market outperformance, strong non-residential growth and a return to residential growth despite a challenging backdrop. The company also completed five acquisitions and agreed to acquire FloWorks, expanding its distribution platform. Ferguson Reports Second Quarter Ended June 30, 2026
• Positive Sentiment: Analysts raised their expectations following the earnings beat and improved outlook. Wells Fargo increased its price target to $295 from $285 and maintained an “overweight” rating, while Robert W. Baird raised its target to $288 from $285 and kept an “outperform” rating. These targets imply meaningful potential upside from the recent trading level. Ferguson Analysts Boost Their Forecasts Following Better-Than-Expected Q2 Earnings
• Neutral Sentiment: Ferguson narrowed its full-year sales guidance while remaining optimistic about business trends. It also raised its capital expenditure forecast to $375 million-$425 million, signaling continued investment but potentially limiting near-term free-cash-flow growth. Ferguson Beats Earnings Estimates and Narrows Full-Year Sales Guidance
• Negative Sentiment: Ferguson priced $1.2 billion of senior unsecured notes, consisting of $700 million of 4.8% notes due 2029 and $500 million of 5.6% notes due 2036. The financing provides funds for general corporate purposes, acquisitions or refinancing, but increases debt and future interest costs at a time when investors are monitoring leverage. Ferguson Prices $1.2 Billion of Senior Unsecured Notes

Wall Street Analysts Forecast Growth

FERG has been the subject of a number of research reports. UBS Group boosted their target price on shares of Ferguson from $252.00 to $256.00 and gave the stock a “neutral” rating in a research note on Tuesday. Royal Bank Of Canada raised their price target on shares of Ferguson from $281.00 to $290.00 and gave the company an “outperform” rating in a research note on Tuesday. Zelman & Associates upgraded Ferguson from a “hold” rating to an “outperform” rating and set a $285.00 price objective on the stock in a report on Friday, July 17th. Barclays boosted their price objective on Ferguson from $297.00 to $313.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Wells Fargo & Company increased their target price on Ferguson from $285.00 to $295.00 and gave the company an “overweight” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $284.86.

Ferguson Profile

Ferguson (NYSE: FERG) is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers.