Rep. Rick W. Allen Buys Ferguson plc (NYSE:FERG) Shares

Representative Rick W. Allen (R-Georgia) recently bought shares of Ferguson plc (NYSE:FERG). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $15,001 and $50,000 in Ferguson stock on December 12th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 12/12/2025.

Ferguson Stock Down 0.4%

Shares of FERG traded down $1.05 during mid-day trading on Friday, hitting $248.81. 972,769 shares of the company traded hands, compared to its average volume of 988,102. The company has a market capitalization of $48.66 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 2.04 and a beta of 1.18. The company has a quick ratio of 1.01, a current ratio of 1.88 and a debt-to-equity ratio of 0.68. The business has a 50 day moving average of $237.00 and a 200 day moving average of $233.08. Ferguson plc has a 1-year low of $146.00 and a 1-year high of $256.93.

Ferguson (NYSE:FERG) last released its earnings results on Tuesday, December 9th. The company reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.07. The company had revenue of $8.17 billion for the quarter. Ferguson had a net margin of 6.28% and a return on equity of 35.73%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.45 EPS.

Ferguson Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.89 per share. The ex-dividend date is Friday, January 2nd. This is a positive change from Ferguson’s previous quarterly dividend of $0.83. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.4%. Ferguson’s payout ratio is presently 35.96%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FERG shares. Barclays upped their target price on Ferguson from $267.00 to $278.00 and gave the company an “overweight” rating in a research report on Thursday. Jefferies Financial Group boosted their price target on Ferguson from $268.00 to $289.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Vertical Research assumed coverage on Ferguson in a report on Monday, October 20th. They issued a “buy” rating and a $291.99 price objective on the stock. Robert W. Baird lifted their target price on Ferguson from $262.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, December 10th. Finally, UBS Group cut their price target on shares of Ferguson from $225.00 to $220.00 and set a “neutral” rating on the stock in a report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.00.

Hedge Funds Weigh In On Ferguson

Several institutional investors and hedge funds have recently modified their holdings of FERG. Central Pacific Bank Trust Division purchased a new position in Ferguson during the fourth quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Ferguson during the 3rd quarter valued at approximately $28,000. Cornerstone Planning Group LLC increased its holdings in shares of Ferguson by 178.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 128 shares of the company’s stock valued at $31,000 after purchasing an additional 82 shares in the last quarter. True Wealth Design LLC lifted its stake in shares of Ferguson by 145.3% in the 2nd quarter. True Wealth Design LLC now owns 130 shares of the company’s stock valued at $28,000 after purchasing an additional 77 shares during the period. Finally, Grove Bank & Trust boosted its holdings in Ferguson by 154.4% during the fourth quarter. Grove Bank & Trust now owns 145 shares of the company’s stock worth $32,000 after buying an additional 88 shares in the last quarter. Institutional investors and hedge funds own 81.98% of the company’s stock.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

Ferguson Company Profile

Ferguson (NYSE: FERG) is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers.