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.
FERG's S&P 500 inclusion and $1.6B FloWorks deal fueled investor optimism, boosting shares as the company expands its industrial growth strategy.
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Kevin Murphy CEO | XETRA Exchange | US31488V1070 ISIN |
| 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.