30,071 Shares in Ferguson plc $FERG Acquired by ProShare Advisors LLC

ProShare Advisors LLC acquired a new stake in shares of Ferguson plc (NYSE:FERG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 30,071 shares of the company’s stock, valued at approximately $6,694,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FERG. Farmers & Merchants Investments Inc. purchased a new stake in Ferguson in the 3rd quarter worth approximately $28,000. Compass Financial Management LLC bought a new position in Ferguson in the 2nd quarter valued at $32,000. Eastern Bank purchased a new position in shares of Ferguson during the 2nd quarter valued at $42,000. Vega Investment Solutions grew its position in shares of 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 in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Ferguson by 26.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 300 shares of the company’s stock worth $67,000 after purchasing an additional 62 shares during the period. Institutional investors own 81.98% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FERG. Citigroup upgraded Ferguson from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $285.00 to $288.00 in a research report on Tuesday, October 27th. Oppenheimer boosted their target price on Ferguson from $280.00 to $288.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Jefferies Financial Group decreased their target price on Ferguson from $295.00 to $292.00 in a research note on Thursday, October 15th. DA Davidson raised their price target on Ferguson from $278.00 to $284.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, Robert W. Baird lifted their price target on Ferguson from $285.00 to $288.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $287.44.

Ferguson Price Performance

FERG stock opened at $248.36 on Thursday. The firm has a 50 day simple moving average of $225.41 and a two-hundred day simple moving average of $237.27. The stock has a market cap of $48.05 billion, a PE ratio of 29.18, a P/E/G ratio of 1.75 and a beta of 1.11. Ferguson plc has a one year low of $212.13 and a one year high of $271.64. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.73 and a quick ratio of 0.93.

Ferguson (NYSE:FERG) last posted its quarterly earnings data on Monday, August 10th. The company reported $3.39 earnings per share for the quarter, beating the consensus estimate 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. On average, analysts predict that Ferguson plc will post 11.42 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO William Brundage sold 5,986 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $218.74, for a total value of $1,309,377.64. Following the transaction, the chief financial officer owned 54,908 shares of the company’s stock, valued at $12,010,575.92. This represents a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kevin Murphy sold 11,259 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $216.78, for a total value of $2,440,726.02. Following the sale, the insider owned 173,863 shares in the company, valued at $37,690,021.14. The trade was a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 38,808 shares of company stock valued at $8,571,587 over the last quarter. Insiders own 0.15% of the company’s stock.

Key Headlines Impacting Ferguson

Here are the key news stories impacting Ferguson this week:

• Neutral Sentiment: Ferguson’s board declared a quarterly dividend of $0.89 per share, payable January 8, 2027, to shareholders of record on November 20, 2026. The payout supports shareholder returns, but the announcement does not say the dividend was increased, so it may offer limited explanation for the stock’s trading. Ferguson Declares Dividend

Ferguson Company Profile

Ferguson plc (NYSE: FERG) is a value-added distributor of plumbing, heating, ventilation and air conditioning (HVAC), waterworks, fire protection and other building and industrial products. The company serves professional contractors, municipalities, commercial and industrial businesses, and other customers through a network of branches, distribution centers, showrooms and digital platforms.

Its product offering includes pipes, valves, fittings, plumbing fixtures, water and wastewater infrastructure products, HVAC equipment, fire protection systems, industrial supplies and related tools and services.