Ferguson plc (FERG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Ferguson also raised its capital spending forecast to $375 million to $425 million.
Ferguson is replacing Electronic Arts in the benchmark index. It keeps growing earnings, despite a slump in the residential housing market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 4,225 | $941,095 | $966,511 | $25,416 | 2.7% |
Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 2,192 | $492,279.32 | $508,171.36 | $15,892.04 | 3.23% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 1,817 | $361,465.15 | $418,509.61 | $57,044.46 | 15.78% |
Curtis Ellergodt Rothschild Investment LLC | 622 | $146,841.27 | $138,668.68 | -$8,172.59 | -5.57% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 9,153 | $2.17M | $2.04M | -$131,694.18 | -6.06% |
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Kevin Murphy CEO | NYSE Exchange | 31488V107 CUSIP |
| US Country | 35,000 Employees | 21 Aug 2026 Last Dividend | 11 Jun 2018 Last Split | - IPO Date |
Ferguson Enterprises Inc. stands as a premier distributor of plumbing and heating products across North America. Founded in 1953 and based in Newport News, Virginia, the company excels in delivering comprehensive expertise, solutions, and a wide range of products to both residential and non-residential customers. Ferguson Enterprises is dedicated to serving the diverse needs of its clientele, including infrastructure projects, and it extends its market reach through a robust network of distribution centers, branches, counter services, showroom consultants, and digital commerce platforms. Moreover, the organization is not just a distributor; it also specializes in offering tailored services such as virtual design, project management, and after-sales support to ensure customer success from start to finish.