Research Analysts Set Expectations for Ferguson Q2 Earnings

Ferguson plc (NASDAQ:FERG) – William Blair decreased their Q2 2025 earnings per share estimates for Ferguson in a report released on Tuesday, December 10th. William Blair analyst R. Merkel now forecasts that the company will post earnings per share of $1.60 for the quarter, down from their previous estimate of $1.81. The consensus estimate for Ferguson’s current full-year earnings is $9.59 per share. William Blair also issued estimates for Ferguson’s Q3 2025 earnings at $2.32 EPS, Q4 2025 earnings at $3.03 EPS, FY2025 earnings at $9.40 EPS, Q1 2026 earnings at $2.86 EPS, Q2 2026 earnings at $1.93 EPS, Q3 2026 earnings at $2.64 EPS and Q4 2026 earnings at $3.37 EPS.

Ferguson (NASDAQ:FERG) last released its quarterly earnings data on Tuesday, September 17th. The company reported $2.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.12. Ferguson had a return on equity of 34.85% and a net margin of 5.68%. The company had revenue of $7.95 billion during the quarter, compared to the consensus estimate of $8.01 billion. During the same quarter in the prior year, the firm posted $2.77 earnings per share. The firm’s revenue was up 1.4% compared to the same quarter last year.

Other analysts have also recently issued research reports about the stock. Berenberg Bank raised their target price on Ferguson from $224.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday. Robert W. Baird reduced their price target on Ferguson from $230.00 to $225.00 and set an “outperform” rating on the stock in a research report on Wednesday. Wells Fargo & Company cut their price objective on Ferguson from $232.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday. Citigroup increased their target price on shares of Ferguson from $203.00 to $221.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. Finally, UBS Group boosted their price target on shares of Ferguson from $228.00 to $236.00 and gave the stock a “buy” rating in a research report on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $231.00.

Ferguson Price Performance

FERG stock opened at $187.47 on Thursday. The company has a market capitalization of $37.48 billion, a P/E ratio of 22.51, a PEG ratio of 1.95 and a beta of 1.21. The company has a fifty day moving average price of $203.74 and a 200-day moving average price of $202.32. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.00 and a current ratio of 1.80. Ferguson has a 52-week low of $183.63 and a 52-week high of $225.63.

Ferguson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Friday, December 20th will be paid a $0.83 dividend. The ex-dividend date is Friday, December 20th. This represents a $3.32 annualized dividend and a dividend yield of 1.77%. This is a positive change from Ferguson’s previous quarterly dividend of $0.79. Ferguson’s payout ratio is currently 37.94%.

Insider Activity at Ferguson

In other Ferguson news, CAO Richard Winckler sold 1,325 shares of the firm’s stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $201.75, for a total value of $267,318.75. Following the completion of the sale, the chief accounting officer now owns 1,000 shares of the company’s stock, valued at approximately $201,750. This trade represents a 56.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CMO Victoria Morrissey sold 1,468 shares of the company’s 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 transaction, the chief marketing officer now directly owns 5,205 shares in the company, valued at $1,047,246. The trade was a 22.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,313 shares of company stock worth $2,477,901 in the last quarter. Company insiders own 0.16% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. FMR LLC lifted its position in Ferguson by 3.5% in the 3rd quarter. FMR LLC now owns 8,468,003 shares of the company’s stock valued at $1,668,462,000 after acquiring an additional 288,935 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Ferguson by 375.4% in the second quarter. Bank of New York Mellon Corp now owns 6,289,864 shares of the company’s stock valued at $1,218,032,000 after purchasing an additional 4,966,821 shares in the last quarter. State Street Corp lifted its holdings in shares of Ferguson by 3.7% in the third quarter. State Street Corp now owns 4,541,079 shares of the company’s stock valued at $905,230,000 after purchasing an additional 161,662 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Ferguson by 0.8% during the third quarter. Geode Capital Management LLC now owns 3,197,621 shares of the company’s stock valued at $633,409,000 after buying an additional 25,677 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in Ferguson by 6.0% during the third quarter. Franklin Resources Inc. now owns 2,371,954 shares of the company’s stock worth $477,858,000 after buying an additional 133,769 shares in the last quarter. 81.98% of the stock is owned by institutional investors.

Ferguson Company Profile

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.