Stance Capital LLC Buys Shares of 6,350 Ferguson plc $FERG

Stance Capital LLC bought a new position in shares of Ferguson plc (NYSE:FERG) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,350 shares of the company’s stock, valued at approximately $1,426,000.

Other institutional investors also recently modified their holdings of the company. Daymark Wealth Partners LLC lifted its stake in shares of Ferguson by 4.6% in the 3rd quarter. Daymark Wealth Partners LLC now owns 992 shares of the company’s stock valued at $223,000 after acquiring an additional 44 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Ferguson by 7.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 690 shares of the company’s stock worth $150,000 after acquiring an additional 48 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Ferguson by 21.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 292 shares of the company’s stock worth $66,000 after purchasing an additional 52 shares in the last quarter. Net Worth Advisory Group raised its position in Ferguson by 4.5% in the third quarter. Net Worth Advisory Group now owns 1,314 shares of the company’s stock valued at $295,000 after purchasing an additional 56 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in Ferguson by 20.4% in the third quarter. Cullen Frost Bankers Inc. now owns 366 shares of the company’s stock valued at $82,000 after purchasing an additional 62 shares during the last quarter. 81.98% of the stock is currently owned by institutional investors and hedge funds.

Ferguson News Roundup

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Ferguson is a partner in a community education initiative (Accelerating Change Together, ACT) that improved teacher retention in Newport News. This supports local reputation, strengthens relationships with municipal and institutional customers, and is a modest positive for ESG/community goodwill. Teacher Retention Improves in Newport News Public Schools through Accelerating Change Together (ACT) Grant
• Neutral Sentiment: The company disclosed grants of Performance Awards, Restricted Stock Units and Non‑Qualified Stock Options under the 2023 Omnibus Equity Incentive Plan to PDMRs on March 12. This aligns management incentives but can be a source of dilution; impact depends on vesting/performance terms—review the filings for specifics. Ferguson Enterprises Inc. (“Company”): Director/PDMR Shareholding
• Neutral Sentiment: Several media items referencing people named “Ferguson” (actors, athletes) are unrelated to Ferguson plc and should have no material effect on the stock. Investors can ignore these for company fundamentals. Example: Rebecca Ferguson streaming/film coverage. Rebecca Ferguson’s 4-Part Sci-Fi Hit Loses Fans Following Final Season Reveal
• Negative Sentiment: Ferguson filed a Definitive Proxy Statement and Transition Report with the SEC on March 16. Proxy/transition filings can signal governance changes or contested matters that increase near‑term volatility and investor uncertainty; review the DEF 14A and transition report for items up for vote or management changes. Ferguson Files Definitive Proxy Materials and Transition Report

Ferguson Trading Up 1.1%

NYSE FERG opened at $225.99 on Wednesday. The firm has a market capitalization of $43.95 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.17. The business’s 50-day moving average price is $248.77 and its two-hundred day moving average price is $240.36. The company has a current ratio of 1.88, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. Ferguson plc has a 12 month low of $146.00 and a 12 month high of $271.64.

Ferguson (NYSE:FERG) last issued its quarterly earnings data 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 return on equity of 40.37% and a net margin of 6.93%.Ferguson’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.52 EPS.

Ferguson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, March 6th will be issued a dividend of $0.89 per share. The ex-dividend date is Friday, March 6th. This represents a $3.56 annualized dividend and a yield of 1.6%. Ferguson’s dividend payout ratio (DPR) is presently 35.96%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Oppenheimer boosted their price target on Ferguson from $255.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Royal Bank Of Canada raised their price objective on shares of Ferguson from $247.00 to $271.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. UBS Group lifted their target price on shares of Ferguson from $220.00 to $252.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Wells Fargo & Company boosted their target price on shares of Ferguson from $280.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Finally, Wall Street Zen cut shares of Ferguson from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $268.93.

Ferguson Profile

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.