FY2026 EPS Estimates for Ferguson Lowered by William Blair

Ferguson plc (NASDAQ:FERG) – William Blair lowered their FY2026 earnings per share estimates for Ferguson in a research report issued on Tuesday, December 10th. William Blair analyst R. Merkel now forecasts that the company will post earnings of $10.80 per share for the year, down from their previous estimate of $11.71. The consensus estimate for Ferguson’s current full-year earnings is $9.59 per share.

Ferguson (NASDAQ:FERG) last issued its earnings results on Tuesday, September 17th. The company reported $2.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.12. Ferguson had a net margin of 5.68% and a return on equity of 34.85%. The firm had revenue of $7.95 billion during the quarter, compared to analyst estimates of $8.01 billion. During the same period in the previous year, the firm earned $2.77 earnings per share. The business’s revenue was up 1.4% on a year-over-year basis.

Other analysts have also issued reports about the company. Oppenheimer began coverage on Ferguson in a research note on Wednesday, October 23rd. They issued an “outperform” rating and a $234.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $219.00 price target on shares of Ferguson in a research report on Wednesday. Barclays decreased their price objective on shares of Ferguson from $245.00 to $234.00 and set an “overweight” rating for the company in a research report on Thursday. UBS Group upped their price objective on shares of Ferguson from $228.00 to $236.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. Finally, Berenberg Bank upped their price target on shares of Ferguson from $224.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $231.00.

Ferguson Stock Performance

FERG opened at $187.47 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.80 and a quick ratio of 1.00. The stock has a market cap of $37.48 billion, a P/E ratio of 22.51, a P/E/G ratio of 1.95 and a beta of 1.21. The firm has a fifty day moving average price of $203.74 and a 200 day moving average price of $202.32. Ferguson has a 1 year low of $183.63 and a 1 year high of $225.63.

Hedge Funds Weigh In On Ferguson

Several institutional investors have recently bought and sold shares of the business. CWM LLC raised its position in Ferguson by 16.2% during the second quarter. CWM LLC now owns 1,127 shares of the company’s stock valued at $218,000 after acquiring an additional 157 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Ferguson by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 2,416 shares of the company’s stock valued at $468,000 after purchasing an additional 95 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Ferguson by 0.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 33,650 shares of the company’s stock valued at $6,516,000 after acquiring an additional 142 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of Ferguson in the 2nd quarter valued at about $126,000. Finally, Blue Trust Inc. grew its position in Ferguson by 995.4% during the 2nd quarter. Blue Trust Inc. now owns 1,895 shares of the company’s stock worth $367,000 after purchasing an additional 1,722 shares during the last quarter. 81.98% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ferguson

In other news, CMO Victoria Morrissey sold 1,468 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $201.20, for a total value of $295,361.60. Following the completion of the transaction, the chief marketing officer now owns 5,205 shares of the company’s stock, valued at approximately $1,047,246. This represents a 22.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Garland Williams sold 1,118 shares of the business’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $201.22, for a total transaction of $224,963.96. Following the sale, the senior vice president now owns 1,882 shares of the company’s stock, valued at approximately $378,696.04. This represents a 37.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,313 shares of company stock worth $2,477,901 over the last ninety days. 0.16% of the stock is currently owned by company insiders.

Ferguson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, December 20th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Friday, December 20th. This is an increase from Ferguson’s previous quarterly dividend of $0.79. Ferguson’s dividend payout ratio (DPR) is 37.94%.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.