Wells Fargo & Company Forecasts Strong Price Appreciation for Ferguson (NYSE:FERG) Stock

Ferguson (NYSE:FERG) had its target price lifted by equities research analysts at Wells Fargo & Company from $280.00 to $285.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 7.51% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Wall Street Zen lowered Ferguson from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Jefferies Financial Group reissued a “buy” rating and set a $300.00 target price on shares of Ferguson in a research report on Tuesday. Royal Bank Of Canada upped their price target on Ferguson from $247.00 to $271.00 and gave the company an “outperform” rating in a report on Tuesday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ferguson in a research note on Thursday, January 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ferguson in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $262.62.

Ferguson Stock Up 1.7%

Shares of NYSE:FERG opened at $265.10 on Wednesday. Ferguson has a fifty-two week low of $146.00 and a fifty-two week high of $271.64. The firm’s 50 day moving average price is $246.50 and its 200 day moving average price is $239.77. The company has a quick ratio of 1.01, a current ratio of 1.88 and a debt-to-equity ratio of 0.68. The stock has a market cap of $51.84 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 2.11 and a beta of 1.18.

Ferguson (NYSE:FERG) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.24 by ($0.25). Ferguson had a net margin of 6.28% and a return on equity of 35.73%. During the same quarter in the previous year, the company earned $1.52 earnings per share. The business’s quarterly revenue was up 3.6% on a year-over-year basis.

Institutional Trading of Ferguson

Several institutional investors and hedge funds have recently bought and sold shares of FERG. Leonteq Securities AG acquired a new stake in Ferguson during the 4th quarter worth $26,000. Basepoint Wealth LLC purchased a new stake in shares of Ferguson in the fourth quarter valued at about $26,000. Central Pacific Bank Trust Division acquired a new stake in shares of Ferguson during the fourth quarter worth about $27,000. True Wealth Design LLC grew 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 worth $28,000 after buying an additional 77 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Ferguson in the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 81.98% of the company’s stock.

Ferguson News Summary

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Several major brokers raised their price targets and ratings, signaling renewed buy-side interest: Barclays bumped its target to $295 and kept an overweight stance. Article Title
• Positive Sentiment: Wells Fargo raised its target to $285 and maintained an overweight rating, supporting upside expectations for FERG. Article Title
• Positive Sentiment: Oppenheimer increased its target to $280 with an outperform rating, reinforcing the positive analyst momentum. Article Title
• Positive Sentiment: Management-level strategic targets — a push toward $40B revenue and 10%+ margins — provide a clear long‑term growth/margin story that supports higher valuations. Article Title
• Neutral Sentiment: Several media items reference people and places named “Ferguson” (celebrity and local crime stories) that are unrelated to the company and are unlikely to affect corporate fundamentals. Example coverage: celebrity/epstein-related articles and unrelated local news. Article Title

About Ferguson

Ferguson (NYSE: FERG) is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers.