Allspring Global Investments Holdings LLC Purchases 29,180 Shares of Ferguson plc $FERG
Allspring Global Investments Holdings LLC significantly increased its stake in Ferguson plc by 2,636% during the fourth quarter, purchasing 29,180 additional shares and bringing its total holdings to 30,287 shares valued at $6.82 million. Despite missing quarterly EPS expectations, Ferguson reported a 3.6% revenue growth and announced a quarterly dividend. Analysts maintain a "Moderate Buy" rating for FERG, with an average target price of $268.93.
Quilter Plc Has $18.25 Million Stock Holdings in Ferguson plc $FERG
Quilter Plc reduced its holdings in Ferguson plc (NYSE:FERG) by 11.5% in the fourth quarter, selling 10,633 shares and retaining 81,986 shares valued at $18.25 million. Other institutional investors also adjusted their positions in Ferguson, which saw its stock open at $235.42 and announce a quarterly dividend of $0.89. Analysts currently rate the stock as a "Moderate Buy" with an average price target of $268.93, despite the company missing earnings estimates in its last report.
Ferguson plc $FERG Stock Position Raised by Aberdeen Group plc
Aberdeen Group plc increased its stake in Ferguson plc (NYSE:FERG) by 2.4% in the fourth quarter, now owning 208,439 shares valued at $46.4 million. Despite missing quarterly EPS estimates, the company reported a 3.6% revenue increase year-over-year, maintains a high return on equity of 40.37%, and declared an $0.89 quarterly dividend. Analysts generally hold a "Moderate Buy" rating for Ferguson, with an average price target of $268.93.
Perpetual Ltd Sells 137,997 Shares of Ferguson plc $FERG
Perpetual Ltd significantly reduced its stake in Ferguson plc by selling 137,997 shares, lowering its total holdings to 451,956 shares, valued at $100.62 million and representing 1.5% of its portfolio. While Perpetual trimmed its position, other institutional investors like Durable Capital and Qube Research & Technologies Ltd substantially increased their stakes, bringing institutional ownership in Ferguson to nearly 82%. Ferguson recently missed quarterly EPS estimates but reported revenue growth, declared a quarterly dividend of $0.89, and holds a "Moderate Buy" consensus rating from analysts with an average price target of $268.93.
Ferguson plc (FERG) Loses 13.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Ferguson plc (FERG) has experienced a 13.6% stock loss in four weeks, but indicators suggest a potential trend reversal. Its Relative Strength Index (RSI) is at 28.69, indicating an oversold condition, while analysts have increased earnings estimates for the current year. FERG also holds a Zacks Rank #2 (Buy), further supporting expectations for a near-term turnaround.
Applied Capital LLC FL Acquires Shares of 8,122 Ferguson plc $FERG
Applied Capital LLC FL has initiated a new position in Ferguson plc, acquiring 8,122 shares valued at approximately $1.81 million, making it their 29th largest holding. Ferguson recently reported quarterly earnings of $1.99 EPS, missing estimates, and announced a quarterly dividend of $0.89 per share. Analysts have a "Moderate Buy" consensus on FERG with an average target price of $268.93.
Ferguson Enterprises Inc Stock (FERG) Opened Up by 5.79% on Apr 1: A Full Analysis
Ferguson Enterprises Inc (FERG) saw its stock open up by 5.79% on April 1, primarily driven by increased institutional investment and a consistently positive analyst outlook. The company's Q1 FY26 earnings showed robust growth, especially in non-residential segments, reinforcing investor confidence. Despite some weaknesses in U.S. residential markets and a high debt load, analysts maintain a "Moderate Buy" rating with an average target price of $274.12.
Hengehold Capital Management LLC Acquires New Shares in Ferguson plc $FERG
Hengehold Capital Management LLC has acquired 14,026 new shares in Ferguson plc (NYSE:FERG) worth approximately $3.12 million in the fourth quarter. Institutional investors now own 81.98% of the company, and analysts have a "Moderate Buy" rating with an average target price of $268.93. Despite Ferguson missing its quarterly EPS estimates, the company's revenue increased by 3.6% year-over-year, and it pays a quarterly dividend of $0.89.
Moody Lynn & Lieberson LLC Raises Stock Holdings in Ferguson plc $FERG
Moody Lynn & Lieberson LLC increased its stake in Ferguson plc (NYSE:FERG) by 30.7% in Q4 2025, bringing its total holdings to 74,780 shares valued at approximately $16.65 million. This increase reflects strong institutional interest in Ferguson, with other major firms also adjusting their positions. Despite missing Q4 EPS estimates, Ferguson's stock shows solid institutional ownership, revenue growth, and an average analyst target price of $268.93 with multiple "buy" ratings.
Ferguson Enterprises Inc Stock (FERG) Moved Up by 3.50% on Mar 31: A Full Analysis
Ferguson Enterprises Inc (FERG) stock increased by 3.50% on March 31, driven by positive analyst sentiment and strong performance in the non-residential construction sector, particularly data centers. Despite concerns about residential market weakness and macroeconomic uncertainty, analysts maintain a positive outlook due to FERG's robust fiscal guidance and strategic positioning. Technical indicators suggest a neutral to oversold condition, while fundamentals highlight its substantial revenue and net profit within the Cyclical Consumer Products industry.
Bernstein Keeps Their Buy Rating on Ferguson PLC (FERG)
Bernstein analyst Connor Cerniglia maintained a Buy rating on Ferguson PLC (FERG) with a price target of $310.00. This follows Ferguson PLC's latest earnings report, which showed significant increases in revenue and net profit compared to the previous year. While TipRanks – PerPlexity Industrials GB also issued a Buy rating, TipRanks – OpenAI downgraded the stock to Hold on the same day.
SG Americas Securities LLC Reduces Position in Ferguson plc $FERG
SG Americas Securities LLC reduced its stake in Ferguson plc (NYSE:FERG) by 30.5% in the fourth quarter of last year, selling 37,027 shares and now owning 84,177 shares valued at $18.74 million. Despite missing Q4 earnings estimates with an EPS of $1.99, Ferguson's revenue increased 3.6% year-over-year, and the company has a "Moderate Buy" consensus rating from analysts with an average price target of $268.93. Ferguson also declared a quarterly dividend of $0.89 per share, to be paid on April 30th.
Ferguson Enterprises Inc Stock (FERG) Opened Down by 3.95% on Mar 27: Key Drivers Unveiled
Ferguson Enterprises Inc (FERG) stock opened down by 3.95% on March 27, driven by a combination of missed earnings, a cautious outlook for 2026, and weakness in the U.S. residential market. Institutional selling and broader market losses due to geopolitical uncertainty also contributed to the decline. Despite these pressures, analysts generally maintain a "Moderate Buy" rating, with an "Outperform" rating reiterated recently due to the company's strong positioning in non-residential data center construction projects.
DAVENPORT & Co LLC Has $7.13 Million Position in Ferguson plc $FERG
DAVENPORT & Co LLC reduced its stake in Ferguson plc (NYSE:FERG) by 22.5% in the fourth quarter, selling 9,325 shares and retaining a holding valued at $7.13 million. This reduction comes as Ferguson missed EPS estimates and experienced modest revenue growth, with the stock trading below its 50-day moving average. Despite these factors, Wall Street analysts maintain a "Moderate Buy" rating with an average price target of $268.93, and the company offers a quarterly dividend of $0.89.
Bernstein reiterates Ferguson stock rating on data center proximity
Bernstein SocGen Group reiterated an Outperform rating and $310.00 price target on Ferguson Plc, citing the company's proximity to planned data center constructions. An analysis revealed that approximately 75% of planned data center builds are within 30 miles of a Ferguson store, with this figure rising to 90% when expanding to a 60-mile radius. This positioning, alongside robust non-residential demand and long-term residential tailwinds, makes Ferguson an attractive investment, with a potential positive near-term catalyst of S&P 500 inclusion.
Ferguson plc $FERG Shares Sold by Nordea Investment Management AB
Nordea Investment Management AB significantly reduced its stake in Ferguson plc (NYSE:FERG) by 83% in the fourth quarter, selling 163,225 shares and retaining 33,417 shares valued at $7.476 million. Despite this, analysts generally view Ferguson positively with a "Moderate Buy" consensus and an average price target of $268.93, with several recent upgrades. The company itself announced a quarterly dividend of $0.89, yielding 1.6% annually, even after missing EPS estimates but reporting a 3.6% revenue increase year-over-year.
17,491 Shares in Ferguson plc $FERG Purchased by CWA Asset Management Group LLC
CWA Asset Management Group LLC acquired a new stake of 17,491 shares in Ferguson plc (NYSE:FERG) during the fourth quarter, valued at approximately $3.894 million. Other institutional investors also adjusted their positions in Ferguson, which reported Q4 EPS of $1.99, missing estimates, but saw revenue rise 3.6%. The company declared a quarterly dividend of $0.89, and analysts have a "Moderate Buy" consensus rating with an average price target of $268.93.
Union Bancaire Privee UBP SA Has $1.76 Million Stock Position in Ferguson plc $FERG
Union Bancaire Privee UBP SA significantly increased its stake in Ferguson plc (NYSE:FERG) by 255.7% in the fourth quarter of 2025, now owning 7,925 shares valued at $1.76 million. Other institutional investors also adjusted their positions in Ferguson, which currently has 81.98% institutional ownership. Despite missing quarterly EPS estimates, Ferguson reported a 3.6% revenue increase and strong return on equity, and analysts maintain a "Moderate Buy" rating with an average price target of $268.93.
7,744 Shares in Ferguson plc $FERG Bought by AIA Group Ltd
AIA Group Ltd acquired 7,744 shares of Ferguson plc (NYSE:FERG), valued at approximately $1.739 million, marking a new position in the company. Institutional investors now own about 81.98% of Ferguson's stock. Despite missing quarterly EPS expectations, Ferguson's revenue increased by 3.6% year-over-year, and the company announced a quarterly dividend of $0.89 per share.
Swiss Life Asset Management Ltd Raises Position in Ferguson plc $FERG
Swiss Life Asset Management Ltd significantly increased its stake in Ferguson plc by 68.0% in Q3, now holding 82,169 shares valued at $18.45 million. Wall Street analysts maintain a "Moderate Buy" consensus with an average price target of $268.93, despite Ferguson missing EPS expectations in its latest quarterly report, though revenue grew by 3.6%. The company declared a quarterly dividend of $0.89.
Ferguson Grants Equity Awards to Senior Executives Under 2023 Incentive Plan
Ferguson Enterprises has granted equity awards, including restricted stock units, performance stock units, and non-qualified stock options, to senior executives including CEO Kevin Murphy, CFO William Brundage, and SVP Robert Camposano. These grants, made under the 2023 Omnibus Equity Incentive Plan on March 12, 2026, are part of the company's long-term incentive framework and are subject to vesting and performance conditions. The initiative aims to align leadership interests with long-term shareholder value and ensure compliance with UK law incorporating EU Market Abuse Regulation.
MBB Public Markets I LLC Purchases 25,000 Shares of Ferguson plc $FERG
MBB Public Markets I LLC has increased its stake in Ferguson plc (NYSE:FERG) by 9.3%, acquiring an additional 25,000 shares to bring its total holding to 292,772 shares, valued at $65.75 million. This makes Ferguson the fund's fourth-largest position, accounting for 8.7% of its holdings. Despite Ferguson missing its quarterly EPS estimate, the company announced a quarterly dividend of $0.89 per share.
Ferguson plc $FERG is Kinetic Partners Management LP's 10th Largest Position
Kinetic Partners Management LP significantly increased its stake in Ferguson plc (NYSE:FERG) by 53.4% during the third quarter, making Ferguson its 10th largest holding with 349,000 shares valued at $78.38 million. Other institutional investors like Atria Investments, Rakuten Investment Management, Sumitomo Mitsui DS Asset Management, Allianz Asset Management, and C WorldWide Group Holding also adjusted their positions in the company. Despite Ferguson missing Q4 EPS estimates and facing some technical headwinds, analysts have an average "Moderate Buy" rating with a consensus price target of $268.93, and the company recently announced a quarterly dividend of $0.89 per share.
Gotham Asset Management LLC Boosts Stake in Ferguson plc $FERG
Gotham Asset Management LLC significantly increased its stake in Ferguson plc (NYSE:FERG) by 83.7% in the third quarter, now owning 165,281 shares worth $37.12 million. Despite Ferguson missing its quarterly EPS estimate, the company demonstrated strong financial metrics with a 40.37% return on equity and a 6.93% net margin, and analysts maintain a "Moderate Buy" rating with an average price target of $268.93. The company also declared a quarterly dividend of $0.89 per share.
Ferguson plc $FERG Shares Sold by Holocene Advisors LP
Holocene Advisors LP reduced its stake in Ferguson plc (NYSE:FERG) by 11.5% in the third quarter, selling 75,551 shares and owning 582,545 shares valued at $130.83 million. Despite this, other institutional investors like Atria Investments Inc. and C WorldWide Group Holding A S increased their positions. Ferguson recently missed its earnings estimate but announced a quarterly dividend of $0.89.
Ferguson plc $FERG Shares Purchased by California Public Employees Retirement System
California Public Employees Retirement System significantly increased its stake in Ferguson plc (NYSE:FERG) by 77.6% during the third quarter, acquiring an additional 281,862 shares. Other institutional investors also bought shares, bringing the total institutional ownership to 81.98%. The article details Ferguson's financial performance, recent dividend announcement, and analyst ratings, noting a consensus "Moderate Buy" rating.
Cinctive Capital Management LP Purchases 14,886 Shares of Ferguson plc $FERG
Cinctive Capital Management LP significantly increased its stake in Ferguson plc (NYSE:FERG) by purchasing an additional 14,886 shares, bringing its total holdings to 17,386 shares valued at $3.905 million. Other institutional investors also adjusted their positions in FERG. Ferguson plc recently reported its quarterly earnings, missing analyst estimates, and declared a quarterly dividend of $0.89 per share.
Ferguson plc (NYSE:FERG) Receives Consensus Rating of "Moderate Buy" from Analysts
Ferguson plc (NYSE:FERG) has received a consensus "Moderate Buy" rating from eighteen analysts, with an average 12-month price target of $268.93. Several firms, including Truist, Oppenheimer, and Barclays, recently raised their price targets for the company. The company reported quarterly EPS of $1.99, missing estimates, but saw revenue increase by 3.6% year-over-year and announced a quarterly dividend of $0.89.
Eminence Capital LP Has $151.27 Million Holdings in Ferguson plc $FERG
Eminence Capital LP reduced its stake in Ferguson plc by 14% in the third quarter, now holding 673,584 shares valued at $151.27 million. Ferguson, a multinational distributor of plumbing and heating products, recently reported Q3 EPS of $1.99, missing the consensus of $2.24, with revenue up 3.6% year-over-year. The company declared a quarterly dividend of $0.89, and analysts have a "Moderate Buy" rating with an average target price of $268.93.
CNA Financial Corp Sells 5,000 Shares of Ferguson plc $FERG
CNA Financial Corp reduced its stake in Ferguson plc by 11.1% in the third quarter, selling 5,000 shares and retaining 40,000 shares valued at approximately $8.98 million. Despite missing quarterly EPS estimates, Ferguson reported 3.6% year-over-year revenue growth, strong return on equity, and a net margin of 6.93%. The company also announced a quarterly dividend of $0.89 and holds a "Moderate Buy" analyst rating with an average target price of $268.93.
Atreides Management LP Trims Position in Ferguson plc $FERG
Atreides Management LP reduced its stake in Ferguson plc by 25.3% in the third quarter, holding 222,624 shares valued at approximately $49.997 million. This makes Ferguson its 27th-largest holding. Ferguson's recent quarterly earnings missed expectations, but its revenue rose 3.6% year-over-year, and the company declared a $0.89 quarterly dividend.
Aquatic Capital Management LLC Invests $15.45 Million in Ferguson plc $FERG
Aquatic Capital Management LLC has invested $15.45 million in Ferguson plc (NYSE:FERG) by acquiring 68,809 shares during Q3. Other institutional investors also increased their stakes in the company, bringing total institutional ownership to 81.98%. Ferguson recently reported quarterly earnings of $1.99 per share, missing estimates, but announced a quarterly dividend of $0.89 per share.
Beck Mack & Oliver LLC Has $190.56 Million Stake in Ferguson plc $FERG
Beck Mack & Oliver LLC has slightly reduced its stake in Ferguson plc, now holding 848,518 shares valued at $190.56 million, making it their 10th largest position. Despite Ferguson missing its quarterly EPS forecast, its revenue increased by 3.6% year-over-year, and the company declared an $0.89 quarterly dividend. Analysts maintain a consensus "Moderate Buy" rating for Ferguson with an average price target of $268.93, with several firms recently raising their price targets.
59 North Capital Management LP Buys 670,473 Shares of Ferguson plc $FERG
59 North Capital Management LP significantly increased its stake in Ferguson plc (NYSE:FERG) by 114.7% in Q3, purchasing 670,473 additional shares to own a total of 1,255,137 shares valued at $281.9 million. Ferguson constitutes 8.8% of the fund's portfolio, making it its fifth-largest position. Despite a Q3 EPS miss, the company reported 3.6% revenue growth and declared an $0.89 quarterly dividend, with analysts generally maintaining a "Moderate Buy" rating and several raising price targets.
Thematics Asset Management Sells 6,000 Shares of Ferguson plc $FERG
Thematics Asset Management reduced its stake in Ferguson plc (NYSE:FERG) by 8% in Q3, selling 6,000 shares and retaining 68,804 shares valued at over $15 million. Despite missing Q3 EPS estimates, Ferguson's revenue increased by 3.6% year-over-year, and the company declared a quarterly dividend of $0.89. Analysts have a "Moderate Buy" rating for FERG, with a consensus target price of $268.93, and several firms recently raised their price targets.
Suvretta Capital Management LLC Has $68.78 Million Stock Position in Ferguson plc $FERG
Suvretta Capital Management LLC significantly increased its stake in Ferguson plc by 61.5%, now holding 306,260 shares valued at $68.78 million, making it their 16th largest position. Despite missing EPS estimates, Ferguson reported a 3.6% revenue increase and maintains a strong return on equity of 40.37%. The company also announced a quarterly dividend of $0.89, and analysts currently rate the stock as a "Moderate Buy" with a consensus target price of $268.93.
Interval Partners LP Has $51.75 Million Position in Ferguson plc $FERG
Interval Partners LP decreased its stake in Ferguson plc by 12.4% during Q3, holding shares valued at $51.75 million, while other major institutions like Norges Bank and Franklin Resources significantly increased their holdings. Ferguson missed its quarterly EPS target despite revenue growth and declared a $0.89 quarterly dividend. The company maintains a "Moderate Buy" consensus analyst rating with a target price of $268.93.
Short Interest in Ferguson plc (NYSE:FERG) Drops By 34.2%
Ferguson plc (NYSE:FERG) experienced a significant 34.2% drop in short interest during February, with total short interest falling to 1,792,417 shares by February 27th. This figure represents approximately 0.9% of the company's shares sold short and a days-to-cover ratio of 1.1 based on average daily volume. Despite missing quarterly EPS estimates, the company's revenue rose 3.6% year-over-year, and analysts maintain a "Moderate Buy" consensus rating with a target price of $268.93.
8,632 Shares in Ferguson plc $FERG Purchased by Quantitative Investment Management LLC
Quantitative Investment Management LLC recently acquired 8,632 shares of Ferguson plc (NYSE:FERG), valued at approximately $1.94 million, during the third quarter. Despite the company missing its quarterly EPS expectations, leading to a 13.6% four-week decline, analysts maintain a "Moderate Buy" rating with an average price target of $268.93. Ferguson also declared a quarterly dividend of $0.89 per share.
Entropy Technologies LP Buys 31,063 Shares of Ferguson plc $FERG
Entropy Technologies LP significantly increased its stake in Ferguson plc (NYSE:FERG) by 309.7% in Q3, acquiring an additional 31,063 shares to hold a total of 41,092 shares valued at $9.23 million. Other institutional investors also adjusted their holdings in Ferguson, which saw its stock open at $219.81, below its moving averages. The company recently announced a quarterly dividend and analysts have issued an average "Moderate Buy" rating for the stock, despite a recent earnings miss.
Ferguson Enterprises Inc Stock (FERG) Moved Down by 3.07% on Mar 12: What Signal Does It Send?
Ferguson Enterprises Inc (FERG) saw its stock price decline by 3.07% on March 12, influenced by an earnings miss, a cautious outlook for U.S. residential and HVAC markets, and significant reductions in holdings by institutional investors. Technical analysis indicates a sell signal and an oversold condition, while fundamental analysis notes a miss on EPS estimates and concerns about valuation. The company operates in the Cyclical Consumer Products industry, with recent revenue and net profit figures ranking within the sector.
Schroder Investment Management Group Lowers Stake in Ferguson plc $FERG
Schroder Investment Management Group significantly reduced its stake in Ferguson plc (NYSE:FERG) by 87.5% in the third quarter, while many other large institutional investors increased their holdings. Despite an earnings miss, analysts maintain a "Moderate Buy" rating with an average price target of $268.93, citing positive sentiment from reduced short interest and upward earnings estimate revisions. The company also announced a quarterly dividend of $0.89 per share.
Ferguson plc $FERG Shares Sold by Legal & General Group Plc
Legal & General Group Plc has reduced its stake in Ferguson plc by selling 40,985 shares, now holding 1,505,034 shares valued at approximately $337.7 million. Despite Ferguson missing its Q3 earnings estimates, analysts maintain a "Moderate Buy" rating with an average price target of $268.93, and the company recently declared a quarterly dividend of $0.89 per share. The article also notes other institutional investor activity and key positive and negative sentiment drivers for the stock.
Duff & Phelps Investment Management Co. Decreases Holdings in Ferguson plc $FERG
Duff & Phelps Investment Management Co. significantly reduced its stake in Ferguson plc by 26.3% in the third quarter, selling 6,958 shares and holding 19,508 shares valued at $4.38 million. Despite this, other institutional investors either boosted or initiated positions in Ferguson. The company recently reported a quarterly dividend of $0.89 and missed analyst EPS estimates for the fourth quarter, though several analysts have reiterated "Buy" or "Outperform" ratings for the stock.
Ferguson plc (FERG) Drops 13.6% Over the Past Month—A Potential Turnaround Could Be Near
Ferguson plc (FERG) has seen a 13.6% stock drop in the past month, but a potential rebound is indicated by its Relative Strength Index (RSI) of 28.69, suggesting it's oversold. Analysts have raised earnings projections, and the company holds a Zacks Rank #2 (Buy), further supporting a near-term recovery. The article also touches on quantum computing as a future investment opportunity.
Magnetar Financial LLC Buys 26,306 Shares of Ferguson plc $FERG
Magnetar Financial LLC significantly increased its stake in Ferguson plc (NYSE:FERG) by 1,446.2% in the third quarter, purchasing an additional 26,306 shares to bring its total holdings to 28,125 shares valued at $6.316 million. Ferguson recently reported quarterly earnings of $1.99 EPS, missing analyst estimates, despite a 3.6% revenue increase year-over-year, and declared a quarterly dividend of $0.89 per share. Analysts generally rate FERG as a "Moderate Buy" with an average price target of $262.62.
Ferguson plc $FERG Shares Purchased by Franklin Resources Inc.
Franklin Resources Inc. has increased its stake in Ferguson plc by 2.6%, purchasing an additional 112,157 shares to bring its total ownership to 4,367,818 shares, valued at approximately $980.9 million. This move comes as Ferguson plc reported missing its quarterly EPS estimates, though revenue for the quarter did see a 3.6% year-over-year increase. The company also declared a quarterly dividend of $0.89 per share, and institutional investors collectively own 81.98% of the stock.
Capital Research Global Investors Has $386.54 Million Position in Ferguson plc $FERG
Capital Research Global Investors significantly increased its stake in Ferguson plc (NYSE:FERG) by 24.0% in the third quarter, holding over 1.7 million shares valued at $386.54 million. Other institutional investors also adjusted their positions in the company. Ferguson currently holds a "Moderate Buy" rating from analysts with a consensus price target of $262.62, and the company recently declared a quarterly dividend of $0.89 per share.
Ferguson plc $FERG Shares Sold by Blair William & Co. IL
Blair William & Co. IL reduced its stake in Ferguson plc (NYSE:FERG) by 19.1% in the third quarter, selling 7,850 shares and retaining 33,328 shares valued at $7.49 million. The company recently reported Q results that missed earnings estimates, with EPS of $1.99 against an expected $2.24, though revenue increased by 3.6% year-over-year. Despite the earnings miss, Ferguson announced a quarterly dividend of $0.89 per share, and analysts maintain a "Moderate Buy" consensus rating with an average target price of $262.62.
Ferguson plc $FERG is GFI Investment Counsel Ltd.'s 10th Largest Position
GFI Investment Counsel Ltd. has reduced its stake in Ferguson plc (FERG) by 3.4%, making it their 10th largest holding. The company missed its EPS estimates for the last quarter despite revenue growth, but its stock maintains a "Moderate Buy" consensus rating from analysts with an average price target of $262.62. Ferguson also declared a quarterly dividend of $0.89 per share.
