Barclays Issues Positive Forecast for Ferguson (NYSE:FERG) Stock Price

Key Points

• Barclays raised its Ferguson price target from $313 to $314 and maintained an “overweight” rating, implying 23.79% potential upside from the stock’s then-current price.
• Ferguson reported quarterly earnings of $3.43 per share, beating the $3.28 analyst estimate, with revenue of $9.03 billion. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $288.17.
• Company insiders sold 38,808 shares worth about $8.57 million over the prior quarter; reported executive sales were made under pre-arranged trading plans.

Ferguson (NYSE:FERG - Get Free Report) had its target price lifted by equities researchers at Barclays from $313.00 to $314.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has an "overweight" rating on the stock. Barclays's price objective would suggest a potential upside of 23.79% from the stock's current price.

FERG has been the subject of several other reports. Morgan Stanley lifted their price objective on Ferguson from $290.00 to $295.00 in a report on Wednesday, August 19th. Sanford C. Bernstein increased their price target on shares of Ferguson from $310.00 to $325.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. The Goldman Sachs Group lowered their price target on Ferguson from $290.00 to $270.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 15th. Zelman & Associates raised shares of Ferguson from a "hold" rating to an "outperform" rating and set a $285.00 price target on the stock in a research report on Friday, July 17th. Finally, Citigroup upgraded Ferguson from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $285.00 to $288.00 in a report on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $288.17.

Ferguson Price Performance

Shares of FERG opened at $253.66 on Tuesday. The firm has a 50 day moving average of $226.03 and a 200 day moving average of $237.21. Ferguson has a twelve month low of $212.13 and a twelve month high of $271.64. The company has a market capitalization of $49.07 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 1.79 and a beta of 1.11. The company has a quick ratio of 0.93, a current ratio of 1.73 and a debt-to-equity ratio of 0.72.

Ferguson (NYSE:FERG - Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported $3.43 EPS for the quarter, beating the consensus estimate of $3.28 by $0.15. Ferguson had a net margin of 6.82% and a return on equity of 37.24%. The firm had revenue of $9.03 billion for the quarter. As a group, equities research analysts anticipate that Ferguson will post 11.42 earnings per share for the current fiscal year.

Insider Activity

In related news, COO William Thees, Jr. sold 3,510 shares of Ferguson stock in a transaction on Monday, October 12th. The shares were sold at an average price of $220.00, for a total transaction of $772,200.00. Following the transaction, the chief operating officer owned 32,680 shares in the company, valued at approximately $7,189,600. The trade was a 9.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO William Brundage sold 5,986 shares of Ferguson stock in a transaction on Monday, October 12th. The stock was sold at an average price of $218.74, for a total transaction of $1,309,377.64. Following the sale, the chief financial officer directly owned 54,908 shares in the company, valued at $12,010,575.92. This trade represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 38,808 shares of company stock valued at $8,571,587 over the last quarter. 0.15% of the stock is owned by insiders.

Institutional Trading of Ferguson

A number of hedge funds have recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new stake in Ferguson in the 2nd quarter worth approximately $1,789,368,000. Man Group plc grew its position in Ferguson by 613.8% during the 2nd quarter. Man Group plc now owns 401,395 shares of the company's stock worth $95,263,000 after acquiring an additional 345,165 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Ferguson by 43.6% during the first quarter. Bank of America Corp DE now owns 1,029,896 shares of the company's stock worth $240,234,000 after purchasing an additional 312,756 shares in the last quarter. Royal London Asset Management Ltd. raised its holdings in Ferguson by 31.5% during the 2nd quarter. Royal London Asset Management Ltd. now owns 919,100 shares of the company's stock worth $218,130,000 after purchasing an additional 220,168 shares during the last quarter. Finally, Amundi grew its stake in shares of Ferguson by 17.3% during the first quarter. Amundi now owns 1,321,070 shares of the company's stock worth $308,198,000 after purchasing an additional 195,047 shares during the period. 81.98% of the stock is owned by hedge funds and other institutional investors.

More Ferguson News

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Ferguson reported quarterly EPS of $3.43, above the $3.28 consensus, on revenue of $9.03 billion. Management highlighted 15% growth in non-residential sales and 6% growth in residential sales, and said it completed 11 acquisitions this year with about $1.5 billion in annualized revenue. The earnings beat and business growth are supportive for the stock. Ferguson Reports Third Quarter Ended September 30, 2026
• Positive Sentiment: Robert W. Baird raised its price target to $300 from $288 and reiterated an “outperform” rating, signaling increased analyst confidence. Robert W. Baird stock recommendations
• Positive Sentiment: Recent analysis points to 9% revenue growth, 7% organic growth, and a steady 10.7% operating margin despite a flat construction environment and supplier-cost pressures—evidence of cost discipline and pricing power. Ferguson: Managing A Mixed Macro Admirably
• Neutral Sentiment: Shares were reported to have crossed above their 200-day moving average, a potentially favorable technical signal, though the article raises the question of whether to sell. Ferguson Shares Cross Above 200-Day Moving Average
• Negative Sentiment: The same analysis cautions that Ferguson’s valuation is elevated—around 21 times forward earnings—which could limit further gains or increase sensitivity to weaker results. Ferguson: Managing A Mixed Macro Admirably

Ferguson Company Profile

Ferguson plc is a distributor of plumbing, heating, ventilation and air conditioning (HVAC), waterworks, and fire protection products. It supplies contractors and other professional customers with products, services, and expertise for residential, commercial, industrial, and infrastructure projects.

The company serves customers primarily in the United States and Canada through branches, distribution centers, and digital channels. Its offerings include pipes, valves and fittings, plumbing fixtures, HVAC equipment, water and wastewater products, and fire protection systems.

Ferguson traces its history to Wolseley, a British company that entered the plumbing and heating distribution business in the 1950s.

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