Ferguson plc (NYSE:FERG – Get Free Report) insider Jake Schlicher sold 314 shares of Ferguson stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $224.50, for a total transaction of $70,493.00. Following the completion of the sale, the insider owned 8,621 shares in the company, valued at approximately $1,935,414.50. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jake Schlicher also recently made the following trade(s):
- On Wednesday, October 14th, Jake Schlicher sold 217 shares of Ferguson stock. The shares were sold at an average price of $220.63, for a total transaction of $47,876.71.
- On Monday, October 12th, Jake Schlicher sold 3,138 shares of Ferguson stock. The stock was sold at an average price of $218.74, for a total transaction of $686,406.12.
- On Friday, August 28th, Jake Schlicher sold 5,177 shares of Ferguson stock. The stock was sold at an average price of $230.92, for a total transaction of $1,195,472.84.
Ferguson Trading Up 1.3%
Shares of NYSE:FERG traded up $2.98 on Friday, hitting $231.74. The company had a trading volume of 348,936 shares, compared to its average volume of 1,679,277. The firm’s 50-day simple moving average is $228.56 and its two-hundred day simple moving average is $234.55. Ferguson plc has a 1 year low of $212.13 and a 1 year high of $271.64. The company has a quick ratio of 0.93, a current ratio of 1.73 and a debt-to-equity ratio of 0.72. The firm 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 (NYSE:FERG – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates 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. Equities analysts anticipate that Ferguson plc will post 11.42 earnings per share for the current fiscal year.
Ferguson Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Friday, August 21st were issued a $0.89 dividend. The ex-dividend date was Friday, August 21st. This represents a $3.56 annualized dividend and a yield of 1.5%. Ferguson’s dividend payout ratio (DPR) is 41.83%.
Wall Street Analysts Forecast Growth
FERG has been the subject of a number of research analyst reports. Jefferies Financial Group set a $295.00 target price on Ferguson in a research note on Thursday, September 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferguson in a research note on Tuesday, September 29th. Barclays increased their price objective on Ferguson from $297.00 to $313.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $261.00 price objective on shares of Ferguson in a report on Tuesday, August 18th. Finally, Melius Research started coverage on Ferguson in a research report on Tuesday, October 6th. They set a “hold” rating and a $252.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ferguson presently has an average rating of “Moderate Buy” and an average price target of $285.78.
Check Out Our Latest Report on FERG
Key Ferguson News
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
Hedge Funds Weigh In On Ferguson
Institutional investors and hedge funds have recently modified their holdings of the stock. Compass Financial Management LLC purchased a new position in shares of Ferguson in the 2nd quarter worth about $32,000. Eastern Bank purchased a new stake in Ferguson during the 2nd quarter valued at about $42,000. Vega Investment Solutions grew its position in Ferguson by 50.5% during the 2nd quarter. Vega Investment Solutions now owns 277 shares of the company’s stock valued at $66,000 after purchasing an additional 93 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Ferguson by 26.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 300 shares of the company’s stock valued at $67,000 after purchasing an additional 62 shares in the last quarter. Finally, Keating Financial Advisory Services Inc. increased its stake in Ferguson by 93.5% during the 2nd quarter. Keating Financial Advisory Services Inc. now owns 296 shares of the company’s stock valued at $70,000 after purchasing an additional 143 shares in the last quarter. 81.98% of the stock is currently owned by institutional investors.
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.
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