William Blair Increases Earnings Estimates for Ferguson

Ferguson plc (NASDAQ:FERG) – William Blair upped their FY2025 earnings estimates for Ferguson in a note issued to investors on Tuesday, September 16th. William Blair analyst R. Merkel now forecasts that the company will earn $9.94 per share for the year, up from their prior estimate of $9.51. The consensus estimate for Ferguson’s current full-year earnings is $9.40 per share. William Blair also issued estimates for Ferguson’s Q2 2026 earnings at $1.78 EPS, Q3 2026 earnings at $2.58 EPS, Q4 2026 earnings at $3.38 EPS and FY2026 earnings at $10.52 EPS.

A number of other research analysts have also recently commented on the stock. UBS Group upped their price target on shares of Ferguson from $204.00 to $225.00 and gave the stock a “neutral” rating in a report on Wednesday. Berenberg Bank reaffirmed a “hold” rating and issued a $215.00 price objective on shares of Ferguson in a research note on Thursday, June 5th. Truist Financial upped their price objective on shares of Ferguson from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Wednesday. The Goldman Sachs Group initiated coverage on shares of Ferguson in a research note on Wednesday, June 18th. They issued a “buy” rating and a $280.00 price objective for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ferguson in a research note on Wednesday, September 10th. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $233.86.

Ferguson Trading Down 2.9%

NASDAQ FERG opened at $224.77 on Wednesday. The company’s 50-day moving average price is $226.63 and its 200-day moving average price is $197.30. The company has a current ratio of 1.68, a quick ratio of 0.91 and a debt-to-equity ratio of 0.83. The stock has a market cap of $44.32 billion, a PE ratio of 26.98, a PEG ratio of 1.69 and a beta of 1.15. Ferguson has a 12 month low of $146.00 and a 12 month high of $243.40.

Institutional Trading of Ferguson

Several hedge funds have recently modified their holdings of the company. True Wealth Design LLC increased its holdings in shares of Ferguson by 145.3% during the second quarter. True Wealth Design LLC now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 77 shares in the last quarter. Hemington Wealth Management increased its holdings in shares of Ferguson by 51.5% during the second quarter. Hemington Wealth Management now owns 153 shares of the company’s stock valued at $33,000 after acquiring an additional 52 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Ferguson by 230.8% during the second quarter. Fifth Third Bancorp now owns 172 shares of the company’s stock valued at $37,000 after acquiring an additional 120 shares in the last quarter. Maseco LLP acquired a new position in shares of Ferguson during the second quarter valued at about $40,000. Finally, Grove Bank & Trust increased its holdings in shares of Ferguson by 247.4% during the first quarter. Grove Bank & Trust now owns 198 shares of the company’s stock valued at $32,000 after acquiring an additional 141 shares in the last quarter. 81.98% of the stock is owned by hedge funds and other institutional investors.

Ferguson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, September 26th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, September 26th. Ferguson’s dividend payout ratio is presently 41.40%.

Ferguson Company Profile

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.