T. Rowe Price Investment Management Inc. Reduces Holdings in Ferguson plc $FERG

Posted by Brian Himes on Jun 19th, 2026

T. Rowe Price Investment Management Inc. decreased its holdings in shares of Ferguson plc (NYSE:FERG – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,724,193 shares of the company’s stock after selling 24,222 shares during the quarter. T. Rowe Price Investment Management Inc. owned 1.39% of Ferguson worth $606,488,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FERG. Leonteq Securities AG bought a new position in Ferguson during the 4th quarter worth about $26,000. Basepoint Wealth LLC purchased a new stake in shares of Ferguson during the 4th quarter valued at $26,000. Central Pacific Bank Trust Division purchased a new stake in Ferguson in the fourth quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Ferguson in the 3rd quarter worth approximately $28,000. Finally, Grove Bank & Trust lifted its stake in shares of Ferguson by 154.4% during the fourth quarter. Grove Bank & Trust now owns 145 shares of the company’s stock worth $32,000 after buying an additional 88 shares during the period. 81.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FERG shares. Weiss Ratings lowered shares of Ferguson from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 target price on shares of Ferguson in a research note on Tuesday, February 24th. Citigroup reissued a “neutral” rating on shares of Ferguson in a report on Wednesday, May 6th. Truist Financial lifted their price objective on shares of Ferguson from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company upped their price objective on shares of Ferguson from $260.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $277.58.

Get Our Latest Research Report on Ferguson

Ferguson Trading Up 4.1%

NYSE:FERG opened at $239.04 on Friday. The stock has a fifty day moving average price of $240.87 and a 200 day moving average price of $240.61. The company has a current ratio of 1.78, a quick ratio of 0.96 and a debt-to-equity ratio of 0.68. Ferguson plc has a 12-month low of $207.64 and a 12-month high of $271.64. The firm has a market cap of $46.36 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 1.63 and a beta of 1.15.

Ferguson (NYSE:FERG – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.14 by $0.14. The firm had revenue of $7.47 billion for the quarter. Ferguson had a return on equity of 38.81% and a net margin of 6.98%.The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $2.50 EPS. Sell-side analysts anticipate that Ferguson plc will post 11.26 earnings per share for the current fiscal year.

Ferguson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, May 15th. Ferguson’s dividend payout ratio is 41.40%.

Ferguson announced that its Board of Directors has approved a stock buyback plan on Tuesday, May 5th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 3.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Ferguson Profile

(Free Report)

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.