Ferguson plc (NASDAQ:FERG – Free Report) – Investment analysts at William Blair reduced their Q3 2026 earnings per share (EPS) estimates for Ferguson in a research note issued on Tuesday, September 9th. William Blair analyst R. Merkel now anticipates that the company will post earnings of $2.59 per share for the quarter, down from their prior forecast of $2.60. The consensus estimate for Ferguson’s current full-year earnings is $9.40 per share.
Other equities research analysts also recently issued research reports about the company. Truist Financial reiterated a “buy” rating and issued a $230.00 price objective on shares of Ferguson in a report on Wednesday, June 4th. JPMorgan Chase & Co. upped their price objective on Ferguson from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, September 4th. Oppenheimer upped their price objective on Ferguson from $189.00 to $235.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. Wells Fargo & Company upped their price objective on Ferguson from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. Finally, Royal Bank Of Canada upped their price objective on Ferguson from $189.00 to $231.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $221.00.
Ferguson Trading Down 6.4%
NASDAQ FERG opened at $211.23 on Thursday. The stock has a 50-day simple moving average of $226.61 and a 200 day simple moving average of $196.33. The company has a market capitalization of $41.65 billion, a PE ratio of 25.36, a P/E/G ratio of 1.69 and a beta of 1.15. The company has a current ratio of 1.68, a quick ratio of 0.91 and a debt-to-equity ratio of 0.83. Ferguson has a 12 month low of $146.00 and a 12 month high of $243.40.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of FERG. True Wealth Design LLC boosted its position in shares of Ferguson by 145.3% during the second quarter. True Wealth Design LLC now owns 130 shares of the company’s stock worth $28,000 after buying an additional 77 shares during the period. Grove Bank & Trust boosted its position in shares of Ferguson by 247.4% during the first quarter. Grove Bank & Trust now owns 198 shares of the company’s stock worth $32,000 after buying an additional 141 shares during the period. Whipplewood Advisors LLC boosted its position in shares of Ferguson by 166.7% during the first quarter. Whipplewood Advisors LLC now owns 208 shares of the company’s stock worth $33,000 after buying an additional 130 shares during the period. TD Private Client Wealth LLC boosted its position in shares of Ferguson by 56.5% during the first quarter. TD Private Client Wealth LLC now owns 205 shares of the company’s stock worth $33,000 after buying an additional 74 shares during the period. Finally, Hemington Wealth Management boosted its position in shares of Ferguson by 51.5% during the second quarter. Hemington Wealth Management now owns 153 shares of the company’s stock worth $33,000 after buying an additional 52 shares during the period. 81.98% of the stock is owned by institutional investors and hedge funds.
Ferguson Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, September 26th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, September 26th. Ferguson’s payout ratio is presently 41.40%.
About Ferguson
Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.
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