Ferguson (NYSE:FERG) Price Target Raised to $285.00

Key Points

• Wells Fargo raised its price target on Ferguson to $285 (from $260) and kept an "overweight" rating, implying roughly a 10.9% upside from the current share price.
• Ferguson beat Q1 estimates with $2.28 EPS (vs. $2.14) and $7.47B revenue (up 3.6% YoY), and its board approved a $2.0 billion share buyback (~3.9% of shares), signaling management confidence.
• Analyst sentiment is broadly positive—consensus is "Moderate Buy" with a consensus target near $268.93—while the stock trades around $256.99 with a market cap near $50B.

Ferguson (NYSE:FERG - Get Free Report) had its price target hoisted by investment analysts at Wells Fargo & Company from $260.00 to $285.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Wells Fargo & Company's target price would suggest a potential upside of 10.90% from the stock's current price.

Several other brokerages have also recently issued reports on FERG. Sanford C. Bernstein restated an "outperform" rating on shares of Ferguson in a report on Thursday, January 8th. Oppenheimer upped their target price on shares of Ferguson from $255.00 to $280.00 and gave the company an "outperform" rating in a report on Wednesday, February 25th. Jefferies Financial Group restated a "buy" rating and issued a $300.00 target price on shares of Ferguson in a report on Tuesday, February 24th. Truist Financial upped their target price on shares of Ferguson from $260.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, February 25th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Ferguson in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $268.93.

Ferguson Stock Up 1.7%

Shares of FERG traded up $4.18 during mid-day trading on Wednesday, reaching $256.99. The company's stock had a trading volume of 166,308 shares, compared to its average volume of 1,366,815. Ferguson has a 12-month low of $166.04 and a 12-month high of $271.64. The stock has a market cap of $49.96 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.88 and a quick ratio of 1.01. The company's 50 day moving average is $243.88 and its 200 day moving average is $243.90.

Ferguson (NYSE:FERG - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $2.14 by $0.14. The business had revenue of $7.47 billion for the quarter. Ferguson had a return on equity of 40.37% and a net margin of 6.93%.The company's revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.50 EPS. Equities analysts anticipate that Ferguson will post 11.2 EPS for the current fiscal year.

Ferguson declared that its Board of Directors has initiated a share repurchase program on Tuesday, May 5th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Hedge Funds Weigh In On Ferguson

Hedge funds have recently modified their holdings of the business. Leonteq Securities AG purchased a new position in shares of Ferguson during the fourth quarter worth approximately $26,000. Basepoint Wealth LLC purchased a new position in shares of Ferguson during the fourth quarter worth approximately $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Ferguson during the fourth quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Ferguson during the third quarter worth approximately $28,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Ferguson by 178.3% during the third quarter. Cornerstone Planning Group LLC now owns 128 shares of the company's stock worth $31,000 after acquiring an additional 82 shares during the last quarter. 81.98% of the stock is currently owned by hedge funds and other institutional investors.

Ferguson News Summary

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Q1 results beat estimates: Ferguson reported $2.28 EPS vs. $2.14 consensus and revenue of $7.47B (up 3.6% YoY); management highlighted solid non‑residential growth and cash generation — a core reason the stock is stronger today. Ferguson Reports First Quarter Ended March 31, 2026
• Positive Sentiment: Board approved a $2.0 billion share buyback (up to ~3.9% of shares). Large buybacks reduce share count and signal management confidence, supporting near‑term share price support. RTT News — Stock Buybacks
• Positive Sentiment: Strategic partnership with Contractor Commerce to modernize contractor e‑commerce and AI discoverability — a growth/technology initiative that can expand digital sales channels for Ferguson’s contractor base. PR Newswire — Contractor Commerce alliance
• Neutral Sentiment: Regulatory and governance filings: Ferguson filed its Form 10‑Q and Form 8‑K and disclosed PDMR restricted stock vesting — routine disclosures that provide transparency but are not material surprises. Ferguson Files Form 10-Q
• Neutral Sentiment: Analyst coverage: Brokerages show an average “Moderate Buy” rating, reinforcing positive sentiment but reflecting consensus rather than new information. Analyst Rating — American Banking News
• Negative Sentiment: Local headlines about the city of Ferguson rejecting tax abatements/data‑center incentives (Emerson campus) have circulated — these are unrelated to Ferguson plc’s business but could create short‑term headline confusion for investors. Monitor for any mistaken news flow. STLtoday — Ferguson calls for new ideas

Ferguson Company Profile

Ferguson NYSE: FERG is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers.

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