Ferguson plc distributes plumbing and heating products in the United States, the United Kingdom, Canada, and Central Europe. It offers plumbing and heating solutions to customers in the residential, municipal, civil and industrial markets, and commercial sectors for repair, maintenance, and improvement (RMI), as well as new construction markets. The company also distributes pipes, valves, fittings, hydrants, meters, and related water management products, as well as offers related services, such as water line tapping and pipe fusion services. In addition, it distributes heating, ventilation, air conditioning, refrigeration equipment, and parts and supplies to specialist contractors in the residential and commercial markets for repair and replacement; and PVF products to industrial customers. Further, the company fabricates and supplies fire protection systems and bespoke fabrication services to commercial contractors for new construction and renovation projects, as well as offers products, services, and solutions to enable maintenance of facilities across various RMI markets. Additionally, it offers supply chain management solutions for PVF; and industrial maintenance, repair, and operations specializing in delivering automation, instrumentation, engineered products, and turn-key solutions. The company also sells its home improvement products directly to consumers, as well as through a network of online stores. In addition, it operates its B2B business primarily under the Ferguson brand; and B2C business under the Build.com brand. Further, the company provides products and services for maintenance of multi-family properties, government agencies, hospitality, education, healthcare, and other facilities. It operates a network of 2,194 branches and 19 distribution centers. Ferguson plc was founded in 1887 and is headquartered in Wokingham, the United Kingdom.
IPO Year: 2021
Exchange: NYSE
Website: fergusonplc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | Peer Perform | Wolfe Research | |
| 2/3/2025 | $204.00 | Overweight | Morgan Stanley |
| 1/8/2025 | $185.00 → $225.00 | Underperform → Buy | BofA Securities |
| 1/8/2025 | $230.00 → $193.00 | Buy → Neutral | UBS |
| 10/23/2024 | $234.00 | Outperform | Oppenheimer |
| 1/8/2024 | Outperform → Mkt Perform | Raymond James | |
| 1/4/2024 | $175.00 → $210.00 | Equal Weight → Overweight | Wells Fargo |
| 10/31/2023 | $160.00 → $138.00 | Neutral → Underperform | BofA Securities |
| 10/17/2023 | $175.00 | Equal Weight | Wells Fargo |
| 9/1/2023 | $175.00 | Outperform | Raymond James |
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10-Q - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
SCHEDULE 13G - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
144 - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
10-Q - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
144/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson plc (0001832433) (Issuer)
BURLINGTON, Ontario, March 17, 2025 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Laureen Cushing as Vice President, Human Resources. Laureen joins Wolseley from Savaria Corporation, where she served as Global Vice President, Human Resources. Prior to Savaria, she spent 17 years at Wolseley Canada in various progressive HR roles, leading transformational initiatives and shaping HR strategy. "Laureen brings business knowledge, industry acumen, and global experience — a great combination for our organization," says Wally Quigg, President, Wolseley Canada. "I'm excited to welcome her back to Wolseley and to our Canadian Leadership Team." In her new role, La
On March 11, 2025, Ferguson Enterprises Inc. (the "Company") filed a Form 10-Q with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. March 11, 2025 – Form 10-Q About Ferguson Ferguson (NYSE:FERG, LSE: FERG)) is the largest value-added distributor serving the specialized professional in our $340B residential and non-residential North American construction market. We help make our customers' complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbi
Continued Volume Growth in Challenging Markets Second quarter highlights Sales of $6.9 billion, an increase of 3.0%, driven by market outperformance. Sales volume grew 5%, partially offset by continued deflation of approximately 2%. Gross margin of 29.7%, down 70 bps from prior year. Operating margin of 6.0% (6.5% on an adjusted basis). Diluted earnings per share of $1.38 ($1.52 on an adjusted basis). Declared quarterly dividend of $0.83, reflecting a 5% increase over the prior year. Completed one acquisition during the quarter. Subsequent to the quarter end, signed a definitive purchase agreement to acquire a leading commercial/mechanical distributor in the Northeast. Shar
Encompassing the full spectrum of Ferguson's business, retail, trade, and digital into one cohesive brand LAS VEGAS, Feb. 27, 2025 /PRNewswire/ -- Ferguson Bath, Kitchen & Lighting Gallery and Build.com are excited to announce they will now operate under one name: Ferguson Home, a single, trusted destination for all things kitchen, bath, lighting and home improvement. The name will be announced officially on February 25, 2025, in conjunction with the Kitchen & Bath Industry Show (KBIS) in Las Vegas, Nevada. A Strategic Milestone Ferguson Home sets a new standard in the industr
Ferguson (NYSE:FERG, LSE: FERG)) announces today that it will issue its second quarter results on Tuesday, March 11, 2025. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/10:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/12:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide presentation will b
DENVER, Feb. 13, 2025 /PRNewswire/ -- PERENfra LLC ("PERENfra") today announced the launch of Perennial Infrastructure Fund I™ (the "Fund"), a private investment fund focused on core water infrastructure assets. The Fund aims to provide investors with income and long-term capital appreciation through investments in safe, sustainable, efficient water solutions in a growing industry. With a target size of $125 million, the Fund has successfully closed multiple limited partner (LP) commitments and is seeking to be fully subscribed by early 2025. The Fund is led by Jeff C. Nelson, the Founder and CEO of PERENfra, along with Gary Brauchle, its President. PERENfra is Manager of the Fund's General
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE FOR HOLDERS OF DEPOSITARY INTERESTS On December 10, 2024, Ferguson Enterprises Inc. (NYSE:FERG, LSE: FERG)) announced its intention to pay a quarterly dividend of $0.83 per share. The dividend will be paid on February 6, 2025, to stockholders of record as of the close of business on December 20, 2024. Holders of Depositary Interests, being participants within CREST, will receive pounds sterling ("GBP") as the default currency unless an election is made for payment in an alternative currency. Further details can be found at Ferguson - Investors - Shareholder Center - Dividends / Dividend History. Set out below is the currency exchange rate for ho
Industry leaders deliver comprehensive distribution of AI-based water management, protection and risk mitigation solutions throughout the U.S. NEW YORK, Jan. 14, 2025 /PRNewswire/ -- WINT Water Intelligence, a global leader in cutting-edge water management and leak-prevention solutions, announces a strategic collaboration with Ferguson, the largest value-added distributor of plumbing supplies, PVF, waterworks, and fire and fabrication products in the United States. WINT's solutions are now available to Ferguson's extensive distribution network, offering a broader selection of advanced technologies that complement Ferguson's existing commercial building solutions.
On January 10, 2025, Ferguson Enterprises Inc. (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. January 10, 2025 – Form 8-K About Ferguson Ferguson (NYSE:FERG, LSE: FERG)) is the largest value-added distributor serving the specialized professional in our $340B residential and non-residential North American construction market. We help make our customers' complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from p
Wolfe Research initiated coverage of Ferguson plc with a rating of Peer Perform
Morgan Stanley initiated coverage of Ferguson plc with a rating of Overweight and set a new price target of $204.00
BofA Securities upgraded Ferguson plc from Underperform to Buy and set a new price target of $225.00 from $185.00 previously
UBS downgraded Ferguson plc from Buy to Neutral and set a new price target of $193.00 from $230.00 previously
Oppenheimer initiated coverage of Ferguson plc with a rating of Outperform and set a new price target of $234.00
Raymond James downgraded Ferguson plc from Outperform to Mkt Perform
Wells Fargo upgraded Ferguson plc from Equal Weight to Overweight and set a new price target of $210.00 from $175.00 previously
BofA Securities downgraded Ferguson plc from Neutral to Underperform and set a new price target of $138.00 from $160.00 previously
Wells Fargo initiated coverage of Ferguson plc with a rating of Equal Weight and set a new price target of $175.00
Raymond James initiated coverage of Ferguson plc with a rating of Outperform and set a new price target of $175.00
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
Continued Volume Growth in Challenging Markets Second quarter highlights Sales of $6.9 billion, an increase of 3.0%, driven by market outperformance. Sales volume grew 5%, partially offset by continued deflation of approximately 2%. Gross margin of 29.7%, down 70 bps from prior year. Operating margin of 6.0% (6.5% on an adjusted basis). Diluted earnings per share of $1.38 ($1.52 on an adjusted basis). Declared quarterly dividend of $0.83, reflecting a 5% increase over the prior year. Completed one acquisition during the quarter. Subsequent to the quarter end, signed a definitive purchase agreement to acquire a leading commercial/mechanical distributor in the Northeast. Shar
Ferguson (NYSE:FERG, LSE: FERG)) announces today that it will issue its second quarter results on Tuesday, March 11, 2025. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/10:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/12:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide presentation will b
DENVER, Feb. 13, 2025 /PRNewswire/ -- PERENfra LLC ("PERENfra") today announced the launch of Perennial Infrastructure Fund I™ (the "Fund"), a private investment fund focused on core water infrastructure assets. The Fund aims to provide investors with income and long-term capital appreciation through investments in safe, sustainable, efficient water solutions in a growing industry. With a target size of $125 million, the Fund has successfully closed multiple limited partner (LP) commitments and is seeking to be fully subscribed by early 2025. The Fund is led by Jeff C. Nelson, the Founder and CEO of PERENfra, along with Gary Brauchle, its President. PERENfra is Manager of the Fund's General
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE FOR HOLDERS OF DEPOSITARY INTERESTS On December 10, 2024, Ferguson Enterprises Inc. (NYSE:FERG, LSE: FERG)) announced its intention to pay a quarterly dividend of $0.83 per share. The dividend will be paid on February 6, 2025, to stockholders of record as of the close of business on December 20, 2024. Holders of Depositary Interests, being participants within CREST, will receive pounds sterling ("GBP") as the default currency unless an election is made for payment in an alternative currency. Further details can be found at Ferguson - Investors - Shareholder Center - Dividends / Dividend History. Set out below is the currency exchange rate for ho
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY ("Shares") Vesting of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan ("Omnibus Plan") Non-Employee Director No. of Shares vesting No. of dividend equivalent Shares accrued Total no. of Shares vesting after any withholding for tax G Drabble 675 10 414 R Agrawal 295 1 296 K Baker 707 10 555 R Beckwitt 295 1 296 C Halligan 707 10 556 B May
Ferguson (NYSE:FERG, LSE: FERG)) announces today that it will issue its first quarter results on Tuesday, December 10, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide presentation will
Fourth Quarter Dividend 2024 Notice of Dividend Currency Exchange Rate for Holders of Depositary Interests On September 17, 2024, Ferguson Enterprises Inc. (NYSE:FERG, LSE: FERG))) (the "Company") announced its intention to pay a quarterly dividend of $0.79 per share ("Q4 Dividend"). The Q4 Dividend will be paid on November 8, 2024, to stockholders of record as of the close of business on September 27, 2024. Holders of Depositary Interests, being participants within CREST, will receive pounds sterling ("GBP") as the default currency unless an election is made for payment in an alternative currency. Further details can be found at Ferguson - Investors - Shareholder Center - Dividends / Di
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY ("Shares") Vesting of the Ferguson Enterprises Inc. Long Term Incentive Plan 2019 ("LTIP"), Ferguson Enterprises Inc. Ordinary Share Plan 2019 ("OSP") and Ferguson Enterprises Inc. Performance Ordinary Share Plan 2019 ("POSP") (together, "the Plans") The conditional shares granted under the Plans on October 14, 2021, automatically vested on October 14, 2024. The LTIP was subject to a dividend equivalent accrual. All resulting shares were released for nil consideration. Following the vesting, nine PDMRs sold shares on October 14, 2024. Awards
Strong Execution Delivers Resilient Full Year Results Fourth quarter highlights Sales of $7.9 billion, an increase of 1.4% despite continued deflation of approximately 2%. Operating margin of 10.2%, up 20 bps on prior year (10.8% on an adjusted basis, up 40 bps on prior year). Diluted earnings per share of $2.23 ($2.98 on an adjusted basis). Declared quarterly dividend of $0.79 per share. Completed four acquisitions during the quarter. Share repurchases of $213 million during the quarter. Full year highlights Sales were $29.6 billion, a decrease of 0.3%, with continued market share gains. Gross margin of 30.5% was 10 bps ahead of last year. Operating margin of 8.9%, fla
Ferguson (NYSE:FERG, LSE: FERG))) announces today that it will issue its fourth quarter and year end results on Tuesday, September 17, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. BST. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. BST on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide pr
BURLINGTON, Ontario, March 17, 2025 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Laureen Cushing as Vice President, Human Resources. Laureen joins Wolseley from Savaria Corporation, where she served as Global Vice President, Human Resources. Prior to Savaria, she spent 17 years at Wolseley Canada in various progressive HR roles, leading transformational initiatives and shaping HR strategy. "Laureen brings business knowledge, industry acumen, and global experience — a great combination for our organization," says Wally Quigg, President, Wolseley Canada. "I'm excited to welcome her back to Wolseley and to our Canadian Leadership Team." In her new role, La
ANTIOCH, Tenn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) ("LKQ" or the "Company") today announced that it has appointed James S. Metcalf to its Board of Directors (the "Board") as a new independent director effective December 11, 2024, as part of the Board's ongoing refreshment process. The Company also announced that Dominick Zarcone has decided not to stand for re-election and will retire from the Board when his term expires in connection with the Company's 2025 Annual Meeting. Following the 2025 Annual Meeting, the Board will consist of ten directors, nine of whom are independent. "Our Board is committed to active and ongoing refreshment to ensure it has the right
Ferguson Enterprises Inc. (the "Company") today announces that it will hold its first annual meeting of stockholders (the "Annual Meeting") on December 5, 2024 as the successor registrant of Ferguson plc, subject to the consummation of the Merger (as defined below), and announces the appointment of Rekha Agrawal and Richard ("Rick") Beckwitt to the Company's board as non-employee directors ("NEDs"). "We are delighted to welcome Rekha and Rick to the Board," said Geoff Drabble, Board Chair of Ferguson Enterprises Inc. "They bring significant operational and leadership experience, creating value for large publicly listed companies operating in the U.S. Their industry knowledge and experienc
BURLINGTON, Ontario, March 18, 2024 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Jeffrey Gallanty, as VP Supply Chain, effective March 18, 2024. Jeffrey joins us from Ferguson where he managed the distribution and logistics network in the Northeastern US region for the past five years. Jeffrey managed the flow of $8 billion in inventory and has an impressive track record of driving improvement and process efficiencies throughout supply chain operations. "I am personally looking forward to the perspective and approach Jeffrey will bring to Wolseley," says Sébastien Laforge, President, Wolseley Canada. "His focus on customers and strengthening our supply ch
Burlington, ON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Brad Rutledge as Vice President, Waterworks, effective February 1, 2024. Brad joined Wolseley in 2018 and led the National Quotations team. He's held progressive leadership roles since then, including Branch Area Manager in Alberta and eventually Director for Wolseley Industrial. He is extremely supportive of Diversity and Inclusion initiatives and is specifically focused on Indigenous Investment. "Brad has approached each role with enthusiasm and a passion toward finding profitable growth," says Sébastien Laforge, President, Wolseley Canada. "I am confident he is the right lead
Ferguson Appoints James S. Metcalf as a Non-Executive DirectorWOKINGHAM, UK / ACCESSWIRE / January 31, 2023 / Ferguson plc(NYSE:FERG)(LSE:FERG) announces today the appointment of James S. Metcalf to the Board as a Non-Executive Director effective February 1, 2023. Mr. Metcalf will join the Board's Compensation Committee and Nominations & Governance Committee.Mr. Metcalf, a U.S. citizen, previously served as Chairman and Chief Executive Officer of Cornerstone Building Brands from 2018 until his retirement as CEO in September 2021 and as Chairman in March 2022. Prior to joining Cornerstone Building Brands, he held various roles at USG Corporation. At the time of his retirement from USG in Nove
BURLINGTON, ON, Aug. 18, 2022 /CNW/ - Wolseley Canada is pleased to announce the appointment of Candace Woods as Vice President, Marketing & Digital. Candace joins Wolseley on September 7, 2022, bringing more than 20 years of experience in Consumer-Packaged Goods and Retail Marketing. "Candace will bring a vast array of marketing experience to Wolseley and will be instrumental in helping to build customer value and delivering results through research and analytics," says Sébastien Laforge, President, Wolseley Canada. "Her focus on relationships and collaboration will streng
WOKINGHAM, UK / ACCESSWIRE / August 24, 2021 / Ferguson plc ('Company') confirms the appointment of Nadia Shouraboura, Non Executive Director of the Company, as an independent non executive director of Ocado Group plc with effect from September 1, 2021.This announcement is made in accordance with Listing Rule 9.6.14R.For further information, please contact:Graham Middlemiss0118 927 3800Notes to announcementFerguson plc is a leading value added distributor of plumbing and heating products to professional contractors operating in North America. Revenue for the year ended 31 July 2020 was $19.9 billion and trading profit was $1.6 billion. Ferguson plc is listed on the London Stock Exchange (LSE
WOKINGHAM, UK / ACCESSWIRE / April 16, 2021 / Ferguson plc announces the appointment of Kelly Baker to the Board as a Non-Executive Director effective May 1, 2021.Kelly, a US citizen, has extensive human resources ("HR") and operational experience having led the people, organizational and cultural development across a number of US based, global public companies. Kelly is currently Executive Vice President ("EVP"), Chief Human Resources Officer ("CHRO") of Pentair plc (NYSE:PNR), a leading manufacturer of water products, a role she has held since December 2017. Prior to this, Kelly was EVP, CHRO at Patterson Companies Inc. (NASDAQ:PDCO), a value-added distributor serving dental and animal hea