Oppenheimer Issues Positive Forecast for Ferguson (NYSE:FERG) Stock Price

Ferguson (NYSE:FERG) had its price objective hoisted by investment analysts at Oppenheimer from $288.00 to $296.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer‘s price target indicates a potential upside of 14.95% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. Wells Fargo & Company raised their target price on Ferguson from $285.00 to $295.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. The Goldman Sachs Group cut their price target on Ferguson from $290.00 to $270.00 and set a “neutral” rating for the company in a report on Tuesday, September 15th. Robert W. Baird upped their price target on Ferguson from $288.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday. Jefferies Financial Group reduced their price target on Ferguson from $295.00 to $292.00 in a research report on Thursday, October 15th. Finally, Rothschild & Co Redburn raised their price objective on Ferguson from $295.00 to $307.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $288.72.

Ferguson Stock Performance

FERG traded down $2.42 during trading on Tuesday, hitting $257.51. The company’s stock had a trading volume of 489,702 shares, compared to its average volume of 1,673,468. The business’s 50 day simple moving average is $226.03 and its 200-day simple moving average is $237.21. The firm has a market cap of $49.81 billion, a PE ratio of 30.16, a P/E/G ratio of 1.79 and a beta of 1.11. Ferguson has a one year low of $212.13 and a one 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.

Ferguson (NYSE:FERG) last issued its quarterly earnings data on Monday, November 9th. The company reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.28 by $0.15. Ferguson had a net margin of 6.82% and a return on equity of 37.24%. The firm had revenue of $9.03 billion during the quarter. As a group, sell-side analysts predict that Ferguson will post 11.42 EPS for the current fiscal year.

Insider Transactions at Ferguson

In other news, COO William Thees, Jr. sold 353 shares of the stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $224.50, for a total value of $79,248.50. Following the completion of the sale, the chief operating officer directly owned 31,745 shares of the company’s stock, valued at $7,126,752.50. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jake Schlicher sold 314 shares of the firm’s 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 sale, the insider owned 8,621 shares in the company, valued at $1,935,414.50. The trade was a 3.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 38,808 shares of company stock valued at $8,571,587. Company insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Ferguson

Institutional investors have recently bought and sold shares of the business. Jupiter Topco LLC bought a new position in shares of Ferguson in the second quarter worth about $1,789,368,000. Janus Henderson Group PLC raised its stake in Ferguson by 2.1% during the 1st quarter. Janus Henderson Group PLC now owns 6,107,108 shares of the company’s stock valued at $1,424,075,000 after purchasing an additional 125,317 shares during the period. State Street Corp raised its stake in Ferguson by 1.1% during the 2nd quarter. State Street Corp now owns 4,619,995 shares of the company’s stock valued at $1,100,474,000 after purchasing an additional 48,544 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Ferguson by 0.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,055,351 shares of the company’s stock valued at $487,796,000 after purchasing an additional 16,866 shares during the period. Finally, W1M Asset Management Ltd lifted its holdings in Ferguson by 6.2% in the 2nd quarter. W1M Asset Management Ltd now owns 1,980,510 shares of the company’s stock worth $469,945,000 after purchasing an additional 116,418 shares in the last quarter. Hedge funds and other institutional investors own 81.98% of the company’s stock.

More Ferguson News

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Strong Q3 results and higher guidance: Ferguson reported $9.03 billion in revenue and adjusted earnings of $3.43 per share, above the $3.28 consensus estimate. Sales grew about 9%–9.5%, including 15% growth in non-residential and 6% in residential. Management raised its 2026 guidance, supporting expectations for continued growth. Ferguson Q3 results
• Positive Sentiment: Analysts raised targets: Barclays lifted its target to $314 and maintained an “overweight” rating; Robert W. Baird raised its target to $300 and kept an “outperform” rating. Both moves point to further potential upside in analysts’ view. Barclays ratings Baird ratings
• Neutral Sentiment: Execution amid a mixed market: Commentary highlighted steady operating margins and cost discipline despite flat construction activity and supplier-related margin pressure. This suggests Ferguson is managing headwinds, though the market remains challenging. Ferguson and the mixed macro environment
• Negative Sentiment: Valuation may limit upside: The same commentary described the shares as expensive relative to forward earnings, which could make the stock more sensitive to any slowdown or disappointment.

Ferguson Company Profile

Ferguson plc is a distributor of plumbing, heating, ventilation and air conditioning (HVAC), waterworks, and fire protection products. It supplies contractors and other professional customers with products, services, and expertise for residential, commercial, industrial, and infrastructure projects.

The company serves customers primarily in the United States and Canada through branches, distribution centers, and digital channels. Its offerings include pipes, valves and fittings, plumbing fixtures, HVAC equipment, water and wastewater products, and fire protection systems.

Ferguson traces its history to Wolseley, a British company that entered the plumbing and heating distribution business in the 1950s.