Ferguson Enterprises Inc. (FERG)

NYSE: FERG · Real-Time Price · USD
195.99
-3.68 (-1.84%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-1.84%
Market Cap 39.34B
Revenue (ttm) 29.64B
Net Income (ttm) 1.74B
Shares Out 200.74M
EPS (ttm) 8.53
PE Ratio 22.98
Forward PE 19.96
Dividend $3.16 (1.61%)
Ex-Dividend Date Sep 27, 2024
Volume 1,205,901
Open 197.39
Previous Close 199.67
Day's Range 195.04 - 198.77
52-Week Range 147.62 - 225.63
Beta 1.21
Analysts Buy
Price Target 232.00 (+18.37%)
Earnings Date Dec 10, 2024

About FERG

Ferguson Enterprises Inc. distributes plumbing and heating products in the United States and Canada. The company provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, as well as heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers. It also supplies specialist water and wastewater treatment products to residential, commercial, and infrastructure contractors, as well as supplies pipe, valves, and fittings solutions to industrial customers. In a... [Read more]

Sector Industrials
Founded 1887
Employees 35,000
Stock Exchange NYSE
Ticker Symbol FERG
Full Company Profile

Financial Performance

In 2024, Ferguson Enterprises's revenue was $29.64 billion, a decrease of -0.33% compared to the previous year's $29.73 billion. Earnings were $1.74 billion, a decrease of -8.15%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for FERG stock is "Buy." The 12-month stock price forecast is $232.0, which is an increase of 18.37% from the latest price.

Price Target
$232.0
(18.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ferguson Enterprises Inc.: Notice of Dividend Currency Exchange Rate

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On September 17, 2024, Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) (the "Company") announced its intention to pay a quarterly dividend of $0.79 per share (“Q4...

2 days ago - Business Wire

Ferguson Files Definitive Proxy Materials and Annual Report

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On October 15, 2024, Ferguson Enterprises Inc. (the "Company") filed a Definitive Proxy Statement, Definitive Additional Proxy Soliciting Material and Annual Report...

7 days ago - Business Wire

Ferguson Prices $750 Million of Senior Unsecured Notes

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On October 1, 2024, Ferguson Enterprises Inc. (“Ferguson”) (NYSE: FERG; LSE: FERG) announced that it has priced a public offering (the “Offering”) of $750 million i...

21 days ago - Business Wire

Ferguson Files Form 10-K

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On September 25, 2024, Ferguson Enterprises Inc. (the "Company") filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2024 with the U.S. Securiti...

27 days ago - Business Wire

Ferguson Share Repurchase Program - Weekly Report

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 94,742 of its shares of common stock in the period fr...

4 weeks ago - Business Wire

Ferguson Enterprises Inc. (FERG) Q4 2024 Earnings Call Transcript

Ferguson Enterprises Inc. (NYSE:FERG) Q4 2024 Earnings Conference Call September 17, 2024 8:30 AM ET Company Participants Brian Lantz - Vice President IR & Communications Kevin Murphy - President & C...

5 weeks ago - Seeking Alpha

Ferguson Reports Fourth Quarter and Year End Results; Issues FY2025 Guidance

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Kevin Murphy, Ferguson CEO, commented “Once again, our expert associates executed well, going above and beyond to take care of the complex project needs of our spec...

5 weeks ago - Business Wire

Ferguson to Issue Fourth Quarter and Year End Results And Host Conference Call on September 17, 2024

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson (NYSE: FERG; LSE: FERG) announces today that it will issue its fourth quarter and year end results on Tuesday, September 17, 2024. The results will be avai...

7 weeks ago - Business Wire

Ferguson closes the fiscal year with ten acquisitions

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces the closing of two acquisitions: Gerster Equipment Co. and United Water Works, Inc. The company closed o...

2 months ago - Business Wire

Ferguson (Jersey) Limited (formerly Ferguson plc) Files Form 8-K

WOKINGHAM, England--(BUSINESS WIRE)--On August 1, 2024, Ferguson (Jersey) Limited (formerly known as Ferguson plc) filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"). It is avai...

2 months ago - Business Wire

Ferguson Enterprises Inc. Files Form 8-K

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On August 1, 2024, Ferguson Enterprises Inc. (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's...

2 months ago - Business Wire

Ferguson now headquartered in the U.S.

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG), a Delaware corporation, announces today Ferguson is now headquartered in Newport News, Virginia following the com...

2 months ago - Business Wire

Ferguson Enterprises Inc.: Establishment of new corporate structure, cancellation of Ferguson plc listing and admission of Ferguson Enterprises Inc. common stock

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. announces the completion of the previously announced transaction to establish a new corporate structure to domicile the Ferguson plc group...

2 months ago - Business Wire

Ferguson plc: Establishment of New Corporate Structure, Cancellation of Ferguson plc Listing and Admission of Ferguson Enterprises Inc. Common Stock

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc announces the completion of the previously announced transaction to establish a new corporate structure to domicile the Ferguson plc group's ultimate ...

2 months ago - Business Wire

Ferguson plc: Notice of Dividend Currency Exchange Rate

WOKINGHAM, England--(BUSINESS WIRE)--On June 4, 2024, Ferguson plc (NYSE: FERG; LSE: FERG) (the "Company") announced its intention to pay a quarterly dividend of $0.79 per share (“Q3 Dividend”). The Q...

3 months ago - Business Wire

Ferguson plc: Notice of Cancellation and Replacement of UK Listing in Connection with New Corporate Structure to Achieve a U.S. Domicile

WOKINGHAM, England--(BUSINESS WIRE)--As previously announced, to effect a new corporate structure to domicile the Ferguson plc group's ultimate parent company in the United States, Ferguson plc (the “...

4 months ago - Business Wire

Connolly Brothers completes build-out of 230,000 SF Ship Hub for Ferguson Enterprises

BEVERLY, Mass. , June 27, 2024 /PRNewswire/ -- Connolly Brothers Inc., a construction management firm serving private commercial, industrial and institutional clients, recently completed build-out of ...

4 months ago - PRNewsWire

Ferguson: Good Growth Prospects At Reasonable Valuation

Ferguson plc has strong medium- to long-term growth prospects, driven by non-residential demand, market share gains, and strategic initiatives. Margin expansion is anticipated due to pricing execution...

4 months ago - Seeking Alpha

Ferguson plc (“Company”): Director/PDMR Shareholding

WOKINGHAM, England--(BUSINESS WIRE)--NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p EACH IN THE COMPANY (“Shares”) The attached not...

4 months ago - Business Wire

Ferguson Files Post-Effective Amendment No. 1 to Form S-8 Registration Statement

WOKINGHAM, England--(BUSINESS WIRE)--On June 17, 2024, Ferguson plc (the "Company") filed a Post-Effective Amendment No. 1 to Form S-8 Registration Statement with the U.S. Securities and Exchange Comm...

4 months ago - Business Wire

Ferguson plc: Share Repurchase Program

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (the "Company") announces that, in continuation of its $4.0 billion share repurchase program (the "Program"), it has entered into a non-discretionary ...

4 months ago - Business Wire

Ferguson Files Form 8-K and Form 10-Q

WOKINGHAM, England--(BUSINESS WIRE)--On June 3, 2024 and June 5, 2024, Ferguson plc (the "Company") filed a Form 8-K and a Form 10-Q, respectively, with the U.S. Securities and Exchange Commission ("S...

4 months ago - Business Wire

Ferguson plc (FERG) Q3 2024 Earnings Call Transcript

Ferguson plc (NYSE:FERG) Q3 2024 Earnings Conference Call June 4, 2024 8:30 AM ET Company Participants Brian Lantz - Vice President, Investor Relations and Communications Kevin Murphy - Chief Executi...

5 months ago - Seeking Alpha

Ferguson Reports Third Quarter Results

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE:FERG) (LSE:FERG): FY2024 Guidance   Prior 2024 Guidance Updated 2024 Guidance Net sales* Broadly flat Broadly flat Adjusted operating margin** 9...

5 months ago - Business Wire

Ferguson Enterprises Inc. Appoints Two New Directors and Announces Annual Meeting Date and Shareholder Proposal Deadlines

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (the “Company”) today announces that it will hold its first annual meeting of stockholders (the “Annual Meeting”) on December 5, 2024 as t...

5 months ago - Business Wire