Ferguson (NYSE:FERG) Stock Price Expected to Rise, Oppenheimer Analyst Says

Ferguson (NYSE:FERG) had its target price boosted by stock analysts at Oppenheimer from $255.00 to $280.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price target indicates a potential upside of 5.62% from the company’s current price.

Several other equities research analysts also recently weighed in on FERG. Deutsche Bank Aktiengesellschaft increased their price objective on Ferguson from $237.00 to $246.00 and gave the company a “hold” rating in a report on Thursday, December 11th. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 price target on shares of Ferguson in a research note on Tuesday. Wells Fargo & Company raised their price objective on shares of Ferguson from $280.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday. Royal Bank Of Canada lifted their price objective on shares of Ferguson from $247.00 to $271.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Ferguson in a research note on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ferguson presently has a consensus rating of “Moderate Buy” and an average target price of $262.62.

Ferguson Stock Up 1.7%

FERG opened at $265.10 on Wednesday. The business’s 50-day simple moving average is $246.50 and its 200-day simple moving average is $239.77. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.88. Ferguson has a one year low of $146.00 and a one year high of $271.64. The stock has a market capitalization of $51.84 billion, a P/E 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 earnings results on Tuesday, February 24th. The company reported $1.99 earnings per share (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%. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $1.52 earnings per share.

Institutional Investors Weigh In On Ferguson

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Alpine Global Management LLC raised its holdings in Ferguson by 177.5% during the fourth quarter. Alpine Global Management LLC now owns 6,318 shares of the company’s stock worth $1,407,000 after purchasing an additional 4,041 shares during the last quarter. GFI Investment Counsel Ltd. increased its stake in shares of Ferguson by 1.5% during the 4th quarter. GFI Investment Counsel Ltd. now owns 287,873 shares of the company’s stock worth $64,089,000 after purchasing an additional 4,363 shares in the last quarter. WealthPoint Financial LLC acquired a new position in shares of Ferguson during the 4th quarter worth approximately $217,000. Compound Planning Inc. lifted its stake in Ferguson by 13.1% in the 4th quarter. Compound Planning Inc. now owns 2,919 shares of the company’s stock valued at $650,000 after buying an additional 338 shares in the last quarter. Finally, Vident Advisory LLC lifted its stake in Ferguson by 10.0% in the 4th quarter. Vident Advisory LLC now owns 114,003 shares of the company’s stock valued at $25,381,000 after buying an additional 10,370 shares in the last quarter. 81.98% of the stock is currently owned by institutional investors and hedge funds.

Key Ferguson News

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.