Munich Reinsurance Co Stock Corp in Munich Purchases 277,990 Shares of Ferguson plc $FERG

Munich Reinsurance Co Stock Corp in Munich increased its position in Ferguson plc (NYSE:FERG) by 727.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 316,230 shares of the company’s stock after buying an additional 277,990 shares during the quarter. Ferguson accounts for approximately 1.7% of Munich Reinsurance Co Stock Corp in Munich’s holdings, making the stock its 16th biggest position. Munich Reinsurance Co Stock Corp in Munich’s holdings in Ferguson were worth $71,324,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FERG. Atria Investments Inc lifted its stake in Ferguson by 38.2% during the 3rd quarter. Atria Investments Inc now owns 15,401 shares of the company’s stock valued at $3,459,000 after acquiring an additional 4,259 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Ferguson during the 3rd quarter valued at $1,002,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Ferguson by 11.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,523 shares of the company’s stock valued at $4,609,000 after acquiring an additional 2,145 shares in the last quarter. Kinetic Partners Management LP lifted its stake in Ferguson by 53.4% during the 3rd quarter. Kinetic Partners Management LP now owns 349,000 shares of the company’s stock valued at $78,378,000 after acquiring an additional 121,500 shares in the last quarter. Finally, C WorldWide Group Holding A S lifted its stake in Ferguson by 108.8% during the 3rd quarter. C WorldWide Group Holding A S now owns 535,363 shares of the company’s stock valued at $120,232,000 after acquiring an additional 278,971 shares in the last quarter. 81.98% of the stock is currently owned by institutional investors.

Ferguson News Summary

Here are the key news stories impacting Ferguson this week:

• Positive Sentiment: Barron’s published a bullish note arguing Ferguson’s shares remain undervalued and could gain roughly 25% over the next 12–18 months, citing the company’s scale in plumbing/hVAC distribution and margin recovery potential. This Plumbing Supplier’s Stock Is Still Too Cheap
• Neutral Sentiment: Several recent headlines mentioning “Ferguson” relate to people or the city of Ferguson (local government votes on data-center tax breaks, celebrity stories) and are unrelated to Ferguson plc’s business — these can create noise but not company-specific fundamental impact. Representative example: local data-center vote coverage. Ferguson delays vote on tax incentives for $1.8B data center project
• Negative Sentiment: Ferguson reported Q3 results that missed EPS expectations (reported $1.99 vs. $2.24 consensus) and showed modest revenue growth; that earnings miss is a near-term driver of downward pressure and investor caution. Key fundamentals from public filings and market pages: net margin ~6.9%, ROE ~40%, P/E ~26.6 and a PEG ~2.13 — factors investors watch for growth/valuation trade-offs. Ferguson Stock Profile

Analyst Upgrades and Downgrades

FERG has been the topic of several recent analyst reports. Truist Financial raised their price objective on Ferguson from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada raised their price objective on Ferguson from $247.00 to $271.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. Wall Street Zen cut Ferguson from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ferguson in a research report on Thursday, January 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ferguson in a research report on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $267.27.

Ferguson Trading Down 0.0%

Shares of Ferguson stock opened at $263.24 on Friday. Ferguson plc has a 1 year low of $165.10 and a 1 year high of $271.64. The firm has a market cap of $51.17 billion, a PE ratio of 26.59, a P/E/G ratio of 2.14 and a beta of 1.21. The stock has a fifty day moving average price of $243.77 and a 200-day moving average price of $242.94. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.88 and a quick ratio of 1.01.

Ferguson (NYSE:FERG) last announced its earnings results on Tuesday, February 24th. The company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.24 by ($0.25). Ferguson had a net margin of 6.93% and a return on equity of 40.37%. During the same period in the previous year, the business earned $1.52 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. Equities research analysts anticipate that Ferguson plc will post 11.14 EPS for the current year.

Ferguson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, March 6th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $3.56 annualized dividend and a yield of 1.4%. Ferguson’s dividend payout ratio (DPR) is 35.96%.

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.