Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Ferguson plc (NASDAQ:FERG). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ferguson stock on January 7th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 2/3/2025.
- Purchased $50,001 - $100,000 in shares of Hawaiian Electric Industries NYSE: HE on 1/31/2025.
- Purchased $15,001 - $50,000 in shares of CACI International NYSE: CACI on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 1/30/2025.
- Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of U.S. Physical Therapy NYSE: USPH on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 1/29/2025.
- Purchased $1,001 - $15,000 in shares of Agios Pharmaceuticals NASDAQ: AGIO on 1/29/2025.
Ferguson Price Performance
Shares of Ferguson stock traded up $0.78 during trading on Friday, reaching $184.29. The company's stock had a trading volume of 1,112,303 shares, compared to its average volume of 1,529,043. The stock has a 50-day moving average price of $180.18 and a two-hundred day moving average price of $194.99. The company has a current ratio of 1.68, a quick ratio of 0.91 and a debt-to-equity ratio of 0.83. Ferguson plc has a one year low of $167.27 and a one year high of $225.63. The stock has a market capitalization of $36.85 billion, a P/E ratio of 19.21, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24.
Ferguson Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Friday, December 20th were issued a dividend of $0.83 per share. The ex-dividend date was Friday, December 20th. This is a boost from Ferguson's previous quarterly dividend of $0.79. This represents a $3.32 dividend on an annualized basis and a dividend yield of 1.80%. Ferguson's dividend payout ratio (DPR) is presently 39.86%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Wahed Invest LLC grew its holdings in Ferguson by 2.3% in the 4th quarter. Wahed Invest LLC now owns 5,022 shares of the company's stock valued at $872,000 after buying an additional 111 shares in the last quarter. LGT Financial Advisors LLC lifted its position in shares of Ferguson by 106.3% during the 4th quarter. LGT Financial Advisors LLC now owns 198 shares of the company's stock worth $34,000 after buying an additional 102 shares during the last quarter. Third Point LLC lifted its position in shares of Ferguson by 24.4% during the 4th quarter. Third Point LLC now owns 1,200,000 shares of the company's stock worth $208,284,000 after buying an additional 235,000 shares during the last quarter. Freestone Grove Partners LP bought a new position in Ferguson in the fourth quarter valued at about $728,000. Finally, Utah Retirement Systems raised its position in Ferguson by 233.7% in the fourth quarter. Utah Retirement Systems now owns 36,041 shares of the company's stock valued at $6,267,000 after purchasing an additional 25,241 shares during the last quarter. 81.98% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently commented on FERG shares. Citigroup lowered their price objective on Ferguson from $221.00 to $189.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Oppenheimer assumed coverage on Ferguson in a research report on Wednesday, October 23rd. They issued an "outperform" rating and a $234.00 price objective for the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $219.00 price objective on shares of Ferguson in a research report on Wednesday, December 11th. Morgan Stanley assumed coverage on Ferguson in a research report on Monday, February 3rd. They issued an "overweight" rating and a $204.00 price objective for the company. Finally, Barclays cut their target price on Ferguson from $234.00 to $211.00 and set an "overweight" rating on the stock in a research note on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, Ferguson currently has a consensus rating of "Moderate Buy" and an average price target of $217.73.
Get Our Latest Stock Report on FERG
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Ferguson
(
Get Free Report)
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.
Featured Stories
Before you consider Ferguson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferguson wasn't on the list.
While Ferguson currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
