FY2026 EPS Estimates for Ferguson Decreased by William Blair

Ferguson plc (NASDAQ:FERG) – William Blair cut their FY2026 earnings per share estimates for shares of Ferguson in a report issued on Tuesday, March 11th. William Blair analyst R. Merkel now anticipates that the company will earn $9.96 per share for the year, down from their prior forecast of $10.80. The consensus estimate for Ferguson’s current full-year earnings is $9.40 per share.

A number of other research analysts have also weighed in on FERG. Royal Bank of Canada reduced their price objective on Ferguson from $211.00 to $189.00 and set an “outperform” rating for the company in a research report on Wednesday. Morgan Stanley started coverage on Ferguson in a research note on Monday, February 3rd. They issued an “overweight” rating and a $204.00 price target on the stock. Barclays dropped their price target on Ferguson from $211.00 to $190.00 and set an “overweight” rating on the stock in a research note on Wednesday. UBS Group reiterated a “neutral” rating and set a $193.00 target price (down from $230.00) on shares of Ferguson in a research report on Wednesday, January 8th. Finally, Berenberg Bank lifted their target price on Ferguson from $224.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.64.

Ferguson Stock Up 3.1 %

Shares of NASDAQ:FERG opened at $159.82 on Friday. Ferguson has a 52-week low of $152.52 and a 52-week high of $225.63. The firm has a market capitalization of $31.95 billion, a P/E ratio of 19.19, a P/E/G ratio of 1.69 and a beta of 1.28. The stock has a 50 day moving average price of $175.89 and a 200-day moving average price of $190.23. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.91 and a current ratio of 1.68.

Ferguson (NASDAQ:FERG) last released its quarterly earnings results on Tuesday, March 11th. The company reported $1.52 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.06). Ferguson had a net margin of 5.68% and a return on equity of 34.63%. The business had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.76 billion. During the same period in the previous year, the company earned $1.74 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis.

Institutional Investors Weigh In On Ferguson

Institutional investors have recently modified their holdings of the business. True Wealth Design LLC grew its position in shares of Ferguson by 1,350.0% during the 3rd quarter. True Wealth Design LLC now owns 145 shares of the company’s stock valued at $29,000 after acquiring an additional 135 shares during the period. Manchester Capital Management LLC lifted its stake in Ferguson by 906.7% in the 4th quarter. Manchester Capital Management LLC now owns 151 shares of the company’s stock worth $26,000 after purchasing an additional 136 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in Ferguson in the 3rd quarter worth approximately $39,000. LGT Financial Advisors LLC raised its position in shares of Ferguson by 106.3% during the 4th quarter. LGT Financial Advisors LLC now owns 198 shares of the company’s stock valued at $34,000 after buying an additional 102 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Ferguson during the 3rd quarter valued at approximately $40,000. 81.98% of the stock is currently owned by institutional investors and hedge funds.

Ferguson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Friday, March 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 2.08%. The ex-dividend date is Friday, March 21st. Ferguson’s dividend payout ratio is currently 39.86%.

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.