FERG stock icon

Ferguson
FERG

$212.20
0.74%

Market Cap: 42.7B

 

About: Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the United States According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its UK business in 2021 and is now solely focused on the North American market.

Employees: 36,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

144% more call options, than puts

Call options by funds: $103M | Put options by funds: $42M

34% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 67

14% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 223

7% more capital invested

Capital invested by funds: $39.6B [Q4 2023] → $42.2B (+$2.61B) [Q1 2024]

4% more funds holding

Funds holding: 613 [Q4 2023] → 636 (+23) [Q1 2024]

1.54% less ownership

Funds ownership: 80.47% [Q4 2023] → 78.93% (-1.54%) [Q1 2024]

11% less funds holding in top 10

Funds holding in top 10: 28 [Q4 2023] → 25 (-3) [Q1 2024]

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$211
1%
downside
Avg. target
$231
9%
upside
High target
$250
18%
upside

10 analyst ratings

10 positive
100%
neutral
0%
negative
0%
Jefferies
Philip Ng
18%upside
$250
Buy
Maintained
17 Jul 2024
Barclays
Matthew Bouley
8%upside
$229
Overweight
Maintained
12 Jul 2024
Barclays
Matthew Bouley
9%upside
$232
Overweight
Maintained
5 Jun 2024
RBC Capital
Mike Dahl
1%downside
$211
Outperform
Maintained
5 Jun 2024
UBS
John Lovallo
11%upside
$236
Buy
Maintained
6 Mar 2024

Financial journalist opinion

Based on 8 articles about FERG published over the past 30 days