Ferguson (NASDAQ:FERG) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Ferguson plc (NASDAQ:FERG). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $15,001 and $50,000 in Ferguson stock on March 17th. 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):

• Purchased $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 4/1/2025.
• Sold $1,001 - $15,000 in shares of W. R. Berkley NYSE: WRB on 4/1/2025.
• Sold $15,001 - $50,000 in shares of GoDaddy NYSE: GDDY on 4/1/2025.
• Purchased $1,001 - $15,000 in shares of Ford Motor NYSE: F on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 3/31/2025.
• Purchased $1,001 - $15,000 in shares of Boeing NYSE: BA on 3/31/2025.
• Sold $1,001 - $15,000 in shares of Hologic NASDAQ: HOLX on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 3/31/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/31/2025.

Ferguson Stock Up 1.4 %

Shares of NASDAQ:FERG traded up $2.29 during trading on Monday, hitting $167.02. 217,466 shares of the company were exchanged, compared to its average volume of 1,554,801. The stock has a market cap of $33.39 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.69 and a beta of 1.17. 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 fifty-two week low of $146.00 and a fifty-two week high of $225.63. The firm has a fifty day moving average price of $168.30 and a two-hundred day moving average price of $184.30.

Ferguson (NASDAQ:FERG - Get Free Report) last issued its earnings results on Tuesday, March 11th. The company reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.06). Ferguson had a net margin of 5.68% and a return on equity of 34.63%. The firm had revenue of $6.87 billion during the quarter, compared to analyst estimates of $6.76 billion. During the same quarter last year, the business posted $1.74 earnings per share. The company's revenue for the quarter was up 3.0% on a year-over-year basis. As a group, research analysts anticipate that Ferguson plc will post 9.4 earnings per share for the current fiscal year.

Ferguson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Friday, March 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $3.32 annualized dividend and a yield of 1.99%. Ferguson's dividend payout ratio (DPR) is presently 40.84%.

Wall Street Analysts Forecast Growth

FERG has been the topic of several research reports. Wolfe Research started coverage on Ferguson in a research report on Monday, March 17th. They issued a "peer perform" rating on the stock. Robert W. Baird set a $190.00 price target on shares of Ferguson and gave the company an "outperform" rating in a research note on Wednesday, March 12th. Bank of America upgraded shares of Ferguson from an "underperform" rating to a "buy" rating and lifted their price objective for the stock from $185.00 to $225.00 in a research note on Wednesday, January 8th. UBS Group restated a "neutral" rating and set a $193.00 target price (down previously from $230.00) on shares of Ferguson in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $189.00 price target on shares of Ferguson in a research report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $199.38.

Hedge Funds Weigh In On Ferguson

Institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its stake in Ferguson by 6.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 1,214 shares of the company's stock valued at $211,000 after purchasing an additional 74 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its position in Ferguson by 1.3% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,390 shares of the company's stock valued at $1,109,000 after buying an additional 80 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Ferguson by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 23,834 shares of the company's stock valued at $4,137,000 after buying an additional 86 shares in the last quarter. Caprock Group LLC raised its stake in Ferguson by 2.8% during the 4th quarter. Caprock Group LLC now owns 3,496 shares of the company's stock worth $610,000 after buying an additional 94 shares during the period. Finally, Assetmark Inc. boosted its holdings in Ferguson by 41.1% in the fourth quarter. Assetmark Inc. now owns 333 shares of the company's stock worth $58,000 after acquiring an additional 97 shares in the last quarter. 81.98% of the stock is currently owned by institutional investors and hedge funds.

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

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.