Ferguson (NYSE:FERG) Stock Gets Price Target Cut from Royal Bank Of Canada

Posted by George Bondi on Oct 10th, 2026

Ferguson (NYSE:FERG – Free Report) had its target price reduced by Royal Bank Of Canada from $290.00 to $286.00 in a report released on Wednesday morning, Marketbeat reports. They currently have an outperform rating on the stock.

FERG has been the topic of a number of other reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ferguson in a research note on Tuesday, September 29th. Wolfe Research assumed coverage on shares of Ferguson in a research report on Tuesday, September 15th. They issued a “peer perform” rating for the company. Barclays increased their price target on shares of Ferguson from $297.00 to $313.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group cut shares of Ferguson from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $315.00 to $265.00 in a research note on Monday, July 6th. Finally, Zelman & Associates upgraded shares of Ferguson from a “hold” rating to an “outperform” rating and set a $285.00 price objective for the company in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $283.07.

Read Our Latest Analysis on Ferguson

Ferguson Stock Performance

FERG opened at $219.83 on Wednesday. The firm has a market cap of $42.53 billion, a P/E ratio of 25.83, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. Ferguson has a 52-week low of $212.13 and a 52-week high of $271.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.93 and a current ratio of 1.73. The business’s fifty day moving average is $230.93 and its 200-day moving average is $234.51.

Ferguson (NYSE:FERG – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.16. The company had revenue of $8.75 billion for the quarter. Ferguson had a return on equity of 37.24% and a net margin of 6.82%. Sell-side analysts expect that Ferguson will post 11.42 EPS for the current fiscal year.

Ferguson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Friday, August 21st were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $3.56 annualized dividend and a yield of 1.6%. Ferguson’s payout ratio is presently 41.83%.

Insider Activity at Ferguson

In other news, insider Jake Schlicher sold 5,177 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $230.92, for a total value of $1,195,472.84. Following the completion of the transaction, the insider owned 9,490 shares of the company’s stock, valued at approximately $2,191,430.80. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Ferguson

A number of institutional investors have recently added to or reduced their stakes in the stock. Wedmont Private Capital lifted its stake in Ferguson by 37.0% in the 3rd quarter. Wedmont Private Capital now owns 1,271 shares of the company’s stock valued at $275,000 after purchasing an additional 343 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its position in Ferguson by 31.3% in the third quarter. Legacy Wealth Asset Management LLC now owns 3,799 shares of the company’s stock valued at $846,000 after buying an additional 906 shares in the last quarter. Diversified Management Inc. grew its stake in shares of Ferguson by 356.8% during the third quarter. Diversified Management Inc. now owns 15,070 shares of the company’s stock worth $3,355,000 after buying an additional 11,771 shares during the last quarter. Norman Fields Gottscho Capital Management LLC grew its stake in shares of Ferguson by 1.4% during the third quarter. Norman Fields Gottscho Capital Management LLC now owns 14,628 shares of the company’s stock worth $3,256,000 after buying an additional 205 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Ferguson by 26.1% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 300 shares of the company’s stock worth $67,000 after buying an additional 62 shares in the last quarter. 81.98% of the stock is currently owned by institutional investors and hedge funds.

About Ferguson

(Get Free Report)

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.