Edgestream Partners L.P. Takes $7.46 Million Position in Ferguson plc $FERG

Posted by Stanley Muller on Jul 31st, 2026

Edgestream Partners L.P. bought a new position in Ferguson plc (NYSE:FERG – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 31,973 shares of the company’s stock, valued at approximately $7,458,000.

Several other large investors have also made changes to their positions in the company. Raiffeisen Bank International AG grew its position in Ferguson by 350,745.0% during the fourth quarter. Raiffeisen Bank International AG now owns 522,759 shares of the company’s stock valued at $116,382,000 after buying an additional 522,610 shares during the period. Marsico Capital Management LLC purchased a new position in shares of Ferguson during the 4th quarter worth $11,017,000. Lmcg Investments LLC bought a new stake in shares of Ferguson during the 1st quarter valued at $1,806,000. V Square Quantitative Management LLC bought a new stake in shares of Ferguson during the 4th quarter valued at $891,000. Finally, D.A. Davidson & CO. increased its stake in shares of Ferguson by 89.6% in the 4th quarter. D.A. Davidson & CO. now owns 30,983 shares of the company’s stock worth $6,898,000 after purchasing an additional 14,644 shares in the last quarter. Institutional investors own 81.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FERG. Wells Fargo & Company raised their target price on Ferguson from $260.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Zelman & Associates raised Ferguson from a “hold” rating to an “outperform” rating and set a $285.00 price target for the company in a report on Friday, July 17th. Barclays upped their price target on Ferguson from $295.00 to $297.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Weiss Ratings raised Ferguson from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group cut Ferguson from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $315.00 to $265.00 in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $277.21.

Check Out Our Latest Stock Report on Ferguson

Ferguson Stock Performance

NYSE FERG opened at $226.74 on Friday. The stock has a market capitalization of $43.97 billion, a PE ratio of 26.37, a P/E/G ratio of 1.60 and a beta of 1.13. The business has a 50 day simple moving average of $230.40 and a two-hundred day simple moving average of $240.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.78 and a quick ratio of 0.96. Ferguson plc has a 1-year low of $207.64 and a 1-year high of $271.64.

Ferguson (NYSE:FERG – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.14. The business 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 revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.50 EPS. On average, research analysts predict that Ferguson plc will post 11.25 EPS for the current fiscal year.

Ferguson announced that its board has initiated a share buyback plan on Tuesday, May 5th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 3.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

About Ferguson

(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.