Rep. Gilbert Ray Cisneros, Jr. Buys Ferguson plc (NASDAQ:FERG) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Ferguson plc (NASDAQ:FERG). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $15,001 and $50,000 in Ferguson stock on March 17th. 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):

• Purchased $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
• Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
• Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
• Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.

Ferguson Stock Performance

NASDAQ FERG traded up $1.01 on Wednesday, hitting $149.03. 405,292 shares of the stock were exchanged, compared to its average volume of 1,539,462. The business’s fifty day moving average is $169.74 and its 200 day moving average is $185.33. Ferguson plc has a 52 week low of $145.81 and a 52 week high of $225.63. The company has a market capitalization of $29.80 billion, a PE ratio of 17.84, a P/E/G ratio of 1.69 and a beta of 1.17. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.68 and a quick ratio of 0.91.

Ferguson (NASDAQ:FERG) last issued its earnings results on Tuesday, March 11th. The company reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.06). Ferguson had a net margin of 5.68% and a return on equity of 34.63%. The firm had revenue of $6.87 billion during the quarter, compared to analyst estimates of $6.76 billion. During the same quarter last year, the business posted $1.74 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. Research analysts anticipate that Ferguson plc will post 9.4 EPS for the current fiscal year.

Ferguson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Friday, March 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $3.32 annualized dividend and a dividend yield of 2.23%. Ferguson’s dividend payout ratio is presently 40.84%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FERG shares. Deutsche Bank Aktiengesellschaft initiated coverage on Ferguson in a report on Tuesday, April 1st. They set a “hold” rating and a $174.00 target price on the stock. Berenberg Bank raised their target price on shares of Ferguson from $224.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Oppenheimer decreased their price target on shares of Ferguson from $234.00 to $189.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 12th. Wells Fargo & Company cut their price objective on shares of Ferguson from $205.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Finally, Wolfe Research started coverage on Ferguson in a research report on Monday, March 17th. They issued a “peer perform” rating on the stock. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.62.

Institutional Trading of Ferguson

A number of institutional investors and hedge funds have recently made changes to their positions in FERG. GAMMA Investing LLC lifted its stake in Ferguson by 19,616.0% during the first quarter. GAMMA Investing LLC now owns 573,143 shares of the company’s stock worth $91,835,000 after purchasing an additional 570,236 shares during the last quarter. Nexus Investment Management ULC bought a new stake in shares of Ferguson during the 1st quarter worth $15,139,000. First Hawaiian Bank boosted its stake in Ferguson by 15.4% in the first quarter. First Hawaiian Bank now owns 2,274 shares of the company’s stock valued at $364,000 after buying an additional 303 shares in the last quarter. Norman Fields Gottscho Capital Management LLC bought a new position in Ferguson in the first quarter valued at about $2,375,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Ferguson by 259.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 291 shares of the company’s stock worth $47,000 after acquiring an additional 210 shares during the last quarter. Institutional investors own 81.98% of the company’s stock.

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.

Ferguson Company Profile

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.