Janney Montgomery Scott LLC Acquires 4,959 Shares of Ferguson plc (NASDAQ:FERG)

Janney Montgomery Scott LLC increased its holdings in Ferguson plc (NASDAQ:FERG - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,790 shares of the company's stock after buying an additional 4,959 shares during the period. Janney Montgomery Scott LLC owned 0.05% of Ferguson worth $21,198,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC boosted its holdings in Ferguson by 11.3% in the 4th quarter. Global Retirement Partners LLC now owns 701 shares of the company's stock valued at $131,000 after purchasing an additional 71 shares during the period. Pinnacle Wealth Planning Services Inc. grew its position in Ferguson by 5.2% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,644 shares of the company's stock worth $270,000 after buying an additional 82 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Ferguson by 0.5% during the third quarter. Daiwa Securities Group Inc. now owns 17,308 shares of the company's stock worth $2,847,000 after buying an additional 91 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in Ferguson by 26.2% in the 4th quarter. Hexagon Capital Partners LLC now owns 520 shares of the company's stock worth $100,000 after acquiring an additional 108 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in shares of Ferguson by 146.1% in the 4th quarter. Private Trust Co. NA now owns 187 shares of the company's stock valued at $36,000 after acquiring an additional 111 shares in the last quarter. 81.98% of the stock is currently owned by hedge funds and other institutional investors.

Ferguson Price Performance

Shares of NASDAQ FERG traded down $8.93 during midday trading on Thursday, hitting $211.80. 1,418,717 shares of the company's stock were exchanged, compared to its average volume of 1,091,943. The company has a current ratio of 1.80, a quick ratio of 0.97 and a debt-to-equity ratio of 0.66. The business's fifty day moving average price is $214.73 and its two-hundred day moving average price is $194.88. The company has a market cap of $42.96 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 9.18 and a beta of 1.27. Ferguson plc has a 12-month low of $142.27 and a 12-month high of $224.86.

Ferguson (NASDAQ:FERG - Get Free Report) last announced its earnings results on Tuesday, March 5th. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.82 by ($0.08). The company had revenue of $6.67 billion for the quarter, compared to the consensus estimate of $6.72 billion. Ferguson had a net margin of 6.00% and a return on equity of 37.99%. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.91 earnings per share. As a group, research analysts forecast that Ferguson plc will post 9.66 EPS for the current fiscal year.

Ferguson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Friday, March 15th were paid a $0.79 dividend. The ex-dividend date was Thursday, March 14th. This represents a $3.16 dividend on an annualized basis and a yield of 1.49%. Ferguson's dividend payout ratio is presently 36.74%.

Ferguson Profile

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.