Ferguson (NYSE:FERG) Stock Price Expected to Rise, Oppenheimer Analyst Says

Key Points

• Oppenheimer raised its price target on Ferguson to $296 from $288 and reiterated its “outperform” rating, implying about 15% upside from the share price cited in the article.
• Analyst sentiment is broadly positive: Ferguson has a “Moderate Buy” consensus rating and an average price target of $288.72. Robert W. Baird also raised its target, to $300, and maintained an “outperform” rating.
• Ferguson reported quarterly earnings of $3.43 per share, beating the $3.28 analyst consensus, on revenue of $9.03 billion. Shares fell 0.9% on Tuesday to $257.51.

Ferguson (NYSE:FERG - Get Free Report) had its price objective lifted by equities research analysts at Oppenheimer from $288.00 to $296.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has an "outperform" rating on the stock. Oppenheimer's target price points to a potential upside of 14.95% from the stock's current price.

A number of other research firms have also recently issued reports on FERG. Royal Bank Of Canada increased their price objective on shares of Ferguson from $286.00 to $288.00 and gave the stock an "outperform" rating in a research report on Tuesday. UBS Group raised their target price on Ferguson from $252.00 to $256.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Melius Research began coverage on Ferguson in a research report on Tuesday, October 6th. They issued a "hold" rating and a $252.00 target price for the company. Morgan Stanley upped their price target on Ferguson from $290.00 to $295.00 in a research note on Wednesday, August 19th. Finally, Robert W. Baird increased their price target on Ferguson from $288.00 to $300.00 and gave the stock an "outperform" rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $288.72.

Ferguson Stock Down 0.9%

Shares of Ferguson stock traded down $2.42 during trading on Tuesday, reaching $257.51. 489,702 shares of the company traded hands, compared to its average volume of 1,673,468. The firm has a market capitalization of $49.81 billion, a PE ratio of 30.16, a P/E/G ratio of 1.79 and a beta of 1.11. Ferguson has a 1-year low of $212.13 and a 1-year high of $271.64. The company has a 50 day moving average price of $226.03 and a 200-day moving average price of $237.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.73 and a quick ratio of 0.93.

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

Insider Activity

In other news, insider Allison Stirrup sold 922 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $225.00, for a total value of $207,450.00. Following the completion of the sale, the insider directly owned 7,038 shares of the company's stock, valued at $1,583,550. This represents a 11.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO William Thees, Jr. sold 353 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $224.50, for a total value of $79,248.50. Following the completion of the transaction, the chief operating officer owned 31,745 shares in the company, valued at $7,126,752.50. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 38,808 shares of company stock worth $8,571,587. Company insiders own 0.15% of the company's stock.

Hedge Funds Weigh In On Ferguson

A number of hedge funds have recently bought and sold shares of the company. Wedbush Securities Inc. grew its holdings in shares of Ferguson by 4.3% in the second quarter. Wedbush Securities Inc. now owns 1,197 shares of the company's stock worth $284,000 after acquiring an additional 49 shares during the period. REAP Financial Group LLC increased its position in Ferguson by 9.8% during the third quarter. REAP Financial Group LLC now owns 581 shares of the company's stock valued at $129,000 after acquiring an additional 52 shares during the last quarter. L2 Asset Management LLC lifted its holdings in Ferguson by 5.2% in the second quarter. L2 Asset Management LLC now owns 1,109 shares of the company's stock valued at $263,000 after acquiring an additional 55 shares during the period. Cidel Asset Management Inc. lifted its holdings in Ferguson by 3.8% in the second quarter. Cidel Asset Management Inc. now owns 1,541 shares of the company's stock valued at $366,000 after acquiring an additional 56 shares during the period. Finally, Virtue Capital Management LLC lifted its holdings in Ferguson by 4.6% in the third quarter. Virtue Capital Management LLC now owns 1,324 shares of the company's stock valued at $295,000 after acquiring an additional 58 shares during the period. 81.98% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Ferguson

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Strong Q3 results and higher guidance: Ferguson reported $9.03 billion in revenue and adjusted earnings of $3.43 per share, above the $3.28 consensus estimate. Sales grew about 9%–9.5%, including 15% growth in non-residential and 6% in residential. Management raised its 2026 guidance, supporting expectations for continued growth. Ferguson Q3 results
• Positive Sentiment: Analysts raised targets: Barclays lifted its target to $314 and maintained an “overweight” rating; Robert W. Baird raised its target to $300 and kept an “outperform” rating. Both moves point to further potential upside in analysts’ view. Barclays ratings Baird ratings
• Neutral Sentiment: Execution amid a mixed market: Commentary highlighted steady operating margins and cost discipline despite flat construction activity and supplier-related margin pressure. This suggests Ferguson is managing headwinds, though the market remains challenging. Ferguson and the mixed macro environment
• Negative Sentiment: Valuation may limit upside: The same commentary described the shares as expensive relative to forward earnings, which could make the stock more sensitive to any slowdown or disappointment.

About Ferguson

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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