Russell Investments Group Ltd. Has $26.86 Million Position in Ferrovial SE $FER

Key Points

• Russell Investments raised its stake in Ferrovial by 10.4% in Q3 to 470,898 shares worth about $26.86 million (≈0.06% of the company).
• Analyst coverage is mixed with a consensus rating of Hold and an average price target of $73.12; several firms have downgraded the stock while a few (e.g., Morgan Stanley, Citi) remain positive.
• Shares opened at $64.35, trading below the 50-day moving average of $69.27 (200-day MA also ≈$64.35) and within a 52-week range of $40.46–$74.79.

Russell Investments Group Ltd. raised its position in Ferrovial SE (NASDAQ:FER - Free Report) by 10.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 470,898 shares of the company's stock after purchasing an additional 44,525 shares during the period. Russell Investments Group Ltd. owned approximately 0.06% of Ferrovial worth $26,860,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Ferrovial by 118.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company's stock valued at $39,000 after buying an additional 364 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Ferrovial during the third quarter worth about $66,000. Credit Industriel ET Commercial acquired a new position in Ferrovial in the third quarter valued at about $72,000. AlphaCore Capital LLC bought a new stake in shares of Ferrovial in the second quarter worth about $83,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Ferrovial by 9,326.3% in the second quarter. Osaic Holdings Inc. now owns 1,791 shares of the company's stock worth $96,000 after acquiring an additional 1,772 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FER. Sanford C. Bernstein cut Ferrovial from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, December 10th. Jefferies Financial Group cut Ferrovial from a "buy" rating to a "hold" rating and increased their target price for the stock from $70.42 to $70.93 in a research note on Monday. Weiss Ratings downgraded shares of Ferrovial from a "buy (b+)" rating to a "hold (c+)" rating in a report on Thursday, March 5th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a research note on Wednesday, January 7th. Finally, Citigroup reissued a "buy" rating and set a $75.30 price objective (up from $72.10) on shares of Ferrovial in a research report on Friday, December 19th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $73.12.

Ferrovial Price Performance

Shares of NASDAQ:FER opened at $64.35 on Friday. The company's 50-day moving average price is $69.27 and its two-hundred day moving average price is $64.35. Ferrovial SE has a one year low of $40.46 and a one year high of $74.79.

Ferrovial Company Profile

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial's business spans construction contracting, concession management and services.

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