Raymond James initiated coverage on Ferguson plc with a new price target
$FERG
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Miscellaneous
Raymond James initiated coverage of Ferguson plc with a rating of Outperform and set a new price target of $175.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
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
SC 13G/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
SC 13G/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
SC 13G/A - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
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
10-Q - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
8-K - Ferguson Enterprises Inc. /DE/ (0002011641) (Filer)
SCHEDULE 13G - Ferguson Enterprises Inc. /DE/ (0002011641) (Subject)
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
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
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 plc (0001832433) (Issuer)