FergusonFERG
About: Ferguson distributes plumbing and HVAC products to North American repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 36,000 suppliers. Ferguson engages customers through approximately 1,800 North American branches, over the phone, online, and in residential showrooms. According to Modern Distribution Management, Ferguson is the largest plumbing distributor and second-largest HVAC distributor (next to Watsco) in North America. The firm sold its UK business in 2021 and is now solely focused on the North American market.
Employees: 36,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more funds holding in top 10
Funds holding in top 10: 17 [Q2] → 27 (+10) [Q3]
55% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 95
16% more call options, than puts
Call options by funds: $133M | Put options by funds: $115M
7% more funds holding
Funds holding: 647 [Q2] → 692 (+45) [Q3]
5% more capital invested
Capital invested by funds: $36.4B [Q2] → $38.4B (+$1.94B) [Q3]
1.25% more ownership
Funds ownership: 82.49% [Q2] → 83.73% (+1.25%) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 243
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Sam Reid 31% 1-year accuracy 9 / 29 met price target | 13%upside $205 | Overweight Maintained | 4 Feb 2025 |
Morgan Stanley Annelies Vermeulen 0% 1-year accuracy 0 / 1 met price target | 13%upside $204 | Overweight Initiated | 3 Feb 2025 |
Barclays Matthew Bouley 37% 1-year accuracy 25 / 68 met price target | 17%upside $211 | Overweight Maintained | 16 Jan 2025 |
UBS John Lovallo 41% 1-year accuracy 11 / 27 met price target | 7%upside $193 | Neutral Downgraded | 8 Jan 2025 |
B of A Securities Arnaud Lehmann 100% 1-year accuracy 1 / 1 met price target | 24%upside $225 | Buy Upgraded | 8 Jan 2025 |
Financial journalist opinion
Based on 3 articles about FERG published over the past 30 days









