Oppenheimer initiated coverage on Ferguson plc with a new price target
$FERG
Miscellaneous
Miscellaneous
Oppenheimer initiated coverage of Ferguson plc with a rating of Outperform and set a new price target of $234.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 7/7/2023 | $194.00 | Outperform | William Blair |
| 6/15/2023 | Buy | Redburn |
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
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
4/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Issuer)
4 - Ferguson plc (0001832433) (Issuer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
144/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
DEFA14A - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
On October 31 2024, 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. October 31 - 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 plumbing, H
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
Ferguson (NYSE:FERG) has outperformed the market over the past 5 years by 9.88% on an annualized basis producing an average annual return of 22.69%. Currently, Ferguson has a market capitalization of $41.89 billion. Buying $100 In FERG: If an investor had bought $100 of FERG stock 5 years ago, it would be worth $279.55 today based on a price of $207.95 for FERG at the time of writing. Ferguson's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed
Jefferies analyst Philip Ng maintains Ferguson (NYSE:FERG) with a Buy and raises the price target from $238 to $250.
Barclays analyst Matthew Bouley maintains Ferguson (NYSE:FERG) with a Overweight and lowers the price target from $232 to $229.
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
SC 13G/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
SC 13G/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
SC 13G - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)