Rep. Val T. Hoyle Sells Off Shares of Ferguson plc (NYSE:FERG)

Key Points

• Representative Val T. Hoyle sold shares of Ferguson plc (NYSE:FERG) valued between $1,001 and $15,000 on September 23rd, through her Fidelity Rollover IRA.
• Ferguson recently reported a quarterly earnings per share (EPS) of $3.48, exceeding estimates, and has announced a quarterly dividend of $0.83 per share, payable on November 7th.
• Several analysts have issued favorable ratings for Ferguson, with the current average price target set at $235.71 and the stock rated as a "Moderate Buy."

Representative Val T. Hoyle (D-Oregon) recently sold shares of Ferguson plc NYSE: FERG. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Ferguson stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Ferguson Trading Down 1.4%

FERG opened at $231.45 on Friday. The company's 50 day moving average price is $229.11. The company has a current ratio of 1.68, a quick ratio of 0.94 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $45.40 billion, a PE ratio of 24.78, a PEG ratio of 1.93 and a beta of 1.17. Ferguson plc has a 1 year low of $146.00 and a 1 year high of $243.40.

Ferguson (NYSE:FERG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 16th. The company reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.48. Ferguson had a net margin of 6.03% and a return on equity of 35.21%. The firm had revenue of $8.50 billion for the quarter, compared to analyst estimates of $8.44 billion.

Ferguson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, September 26th will be given a dividend of $0.83 per share. The ex-dividend date is Friday, September 26th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 1.4%. Ferguson's payout ratio is currently 35.55%.

Wall Street Analyst Weigh In

FERG has been the topic of several analyst reports. The Goldman Sachs Group assumed coverage on Ferguson in a research note on Wednesday, June 18th. They issued a "buy" rating and a $280.00 price objective on the stock. Oppenheimer increased their price objective on Ferguson from $235.00 to $255.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 17th. Zacks Research upgraded shares of Ferguson to a "hold" rating in a research note on Friday, August 8th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferguson in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ferguson from $220.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $235.71.

Institutional Investors Weigh In On Ferguson

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC increased its holdings in shares of Ferguson by 145.3% in the second quarter. True Wealth Design LLC now owns 130 shares of the company's stock valued at $28,000 after purchasing an additional 77 shares in the last quarter. Grove Bank & Trust boosted its position in Ferguson by 247.4% in the 1st quarter. Grove Bank & Trust now owns 198 shares of the company's stock valued at $32,000 after buying an additional 141 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of Ferguson by 56.5% in the 1st quarter. TD Private Client Wealth LLC now owns 205 shares of the company's stock valued at $33,000 after buying an additional 74 shares during the period. Hemington Wealth Management raised its position in shares of Ferguson by 51.5% during the second quarter. Hemington Wealth Management now owns 153 shares of the company's stock worth $33,000 after acquiring an additional 52 shares during the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of Ferguson by 103.6% during the first quarter. Brooklyn Investment Group now owns 226 shares of the company's stock valued at $36,000 after acquiring an additional 115 shares during the period. Institutional investors and hedge funds own 81.98% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Ferguson

Ferguson Enterprises Inc distributes plumbing and heating products in North America. The company provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, as well as heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers.

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