Ferguson (NYSE:FERG) VP Robert Anthony Jr. Camposano Sells 201 Shares of Company Stock

Ferguson plc (NYSE:FERG) VP Anthony Camposano sold 201 shares of the stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $220.63, for a total transaction of $44,346.63. Following the transaction, the vice president owned 10,686 shares in the company, valued at approximately $2,357,652.18. This trade represents a 1.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robert Anthony Jr. Camposano also recently made the following trade(s):

• On Thursday, October 15th, Anthony Camposano sold 185 shares of Ferguson stock. The shares were sold at an average price of $224.50, for a total transaction of $41,532.50.
• On Monday, October 12th, Anthony Camposano sold 1,580 shares of Ferguson stock. The shares were sold at an average price of $218.74, for a total transaction of $345,609.20.

Ferguson Stock Up 1.3%

Shares of FERG stock traded up $2.98 on Friday, hitting $231.74. The company’s stock had a trading volume of 348,936 shares, compared to its average volume of 1,679,277. The stock has a market capitalization of $44.83 billion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.61 and a beta of 1.14. Ferguson plc has a fifty-two week low of $212.13 and a fifty-two week high of $271.64. The firm’s fifty day moving average price is $228.56 and its 200-day moving average price is $234.55. 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 (NYSE:FERG) last posted its earnings results on Monday, August 10th. The company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.23 by $0.16. Ferguson had a net margin of 6.82% and a return on equity of 37.24%. The firm had revenue of $8.75 billion for the quarter. Research analysts anticipate that Ferguson plc will post 11.42 EPS for the current year.

Ferguson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Friday, August 21st were given a $0.89 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.5%. Ferguson’s payout ratio is currently 41.83%.

Institutional Trading of Ferguson

A number of hedge funds have recently modified their holdings of FERG. Guyasuta Investment Advisors Inc. increased its position in shares of Ferguson by 0.5% during the third quarter. Guyasuta Investment Advisors Inc. now owns 83,468 shares of the company’s stock valued at $18,582,000 after purchasing an additional 423 shares during the period. V Square Quantitative Management LLC raised its stake in shares of Ferguson by 38.9% in the third quarter. V Square Quantitative Management LLC now owns 5,678 shares of the company’s stock valued at $1,264,000 after purchasing an additional 1,590 shares in the last quarter. State of Alaska Department of Revenue bought a new position in Ferguson in the third quarter worth $4,079,000. Formuepleje A S bought a new position in Ferguson in the third quarter worth $1,960,000. Finally, First Citizens Bank & Trust Co. acquired a new stake in Ferguson during the third quarter worth $864,000. Institutional investors own 81.98% of the company’s stock.

Key Stories Impacting Ferguson

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Ferguson’s prior quarterly results exceeded expectations, with earnings per share of $3.39 versus the $3.23 consensus estimate. Analysts maintain a generally bullish outlook, with a consensus “Moderate Buy” rating and an average price target of $285.78. Ferguson analyst and earnings information
• Neutral Sentiment: Multiple executives, including COO William Thees Jr., VP Anthony Camposano, Ian Graham, Jake Schlicher and Kevin Murphy, completed additional sales on October 14–15. The sellers retained substantial holdings, suggesting the transactions may reflect routine portfolio diversification rather than a broad loss of confidence in Ferguson’s business. SEC insider transaction filing
• Negative Sentiment: Recent filings show significant aggregate insider selling, including Kevin Murphy’s sale of 11,259 shares for approximately $2.44 million on October 12 and CFO William Brundage’s sale of 5,986 shares worth about $1.31 million. Additional sales by other executives bring the recent reported total to roughly $6 million, potentially weighing on sentiment. SEC insider sale filing

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Oppenheimer increased their price objective on Ferguson from $280.00 to $288.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. The Goldman Sachs Group downgraded shares of Ferguson from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $315.00 to $265.00 in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $261.00 target price on shares of Ferguson in a research report on Tuesday, August 18th. Melius Research assumed coverage on shares of Ferguson in a report on Tuesday, October 6th. They set a “hold” rating and a $252.00 price target for the company. Finally, Zelman & Associates raised Ferguson from a “hold” rating to an “outperform” rating and set a $285.00 price target on the stock in a research report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $285.78.

About Ferguson

Ferguson plc (NYSE: FERG) is a North American distributor of plumbing and heating products, supplying professional customers across the residential, commercial, industrial and infrastructure markets. The company serves contractors, builders, remodelers, municipalities, industrial businesses and other trade professionals through branch locations, distribution centers and digital ordering platforms.

Its product offerings include plumbing supplies and fixtures, heating and cooling equipment, water and wastewater products, fire protection systems, waterworks materials, industrial piping and related maintenance, repair and operating supplies.