Ferguson (NASDAQ:FERG) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Ferguson plc (NASDAQ:FERG). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ferguson stock on January 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Ferguson Stock Down 0.8 %

FERG opened at $180.92 on Thursday. Ferguson plc has a 1 year low of $167.27 and a 1 year high of $225.63. The firm has a 50 day moving average price of $181.46 and a 200 day moving average price of $195.48. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.91 and a current ratio of 1.68. The company has a market cap of $36.17 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24.

Ferguson Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Friday, December 20th were paid a $0.83 dividend. This is a positive change from Ferguson’s previous quarterly dividend of $0.79. This represents a $3.32 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, December 20th. Ferguson’s payout ratio is currently 39.86%.

Institutional Trading of Ferguson

A number of hedge funds have recently made changes to their positions in FERG. Parnassus Investments LLC boosted its stake in Ferguson by 944.4% during the 4th quarter. Parnassus Investments LLC now owns 3,537,155 shares of the company’s stock valued at $613,944,000 after acquiring an additional 3,198,477 shares during the last quarter. Norges Bank acquired a new stake in shares of Ferguson in the 4th quarter valued at about $469,730,000. Schroder Investment Management Group bought a new position in shares of Ferguson during the fourth quarter worth about $239,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Ferguson by 423.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,462,836 shares of the company’s stock worth $290,475,000 after purchasing an additional 1,183,143 shares in the last quarter. Finally, Mawer Investment Management Ltd. increased its holdings in Ferguson by 2,384.2% in the fourth quarter. Mawer Investment Management Ltd. now owns 1,071,575 shares of the company’s stock valued at $185,993,000 after buying an additional 1,028,440 shares during the last quarter. Institutional investors and hedge funds own 81.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Berenberg Bank increased their price objective on shares of Ferguson from $224.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. UBS Group reiterated a “neutral” rating and issued a $193.00 price target (down from $230.00) on shares of Ferguson in a report on Wednesday, January 8th. Wells Fargo & Company reduced their price objective on Ferguson from $215.00 to $205.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Zelman & Associates lowered Ferguson from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Robert W. Baird reduced their price target on Ferguson from $230.00 to $225.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $217.73.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.