Ferguson Enterprises Inc (NYSE: FERG) is 10.89% higher on its value in year-to-date trading and has touched a low of $167.09 and a high of $225.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FERG stock was last observed hovering at around $215.93 in the last trading session, with the day’s loss setting it -1.83%.
Currently trading at $214.10, the stock is 3.30% and 6.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -0.85% at the moment leaves the stock 4.07% off its SMA200. FERG registered 24.96% gain for a year compared to 6-month loss of 5.53%. The firm has a 50-day simple moving average (SMA 50) of $201.6118 and a 200-day simple moving average (SMA200) of $205.654.
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The stock witnessed a 8.82% gain in the last 1 month and extending the period to 3 months gives it a 5.81%, and is 2.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 2.05% over the month.
Ferguson Enterprises Inc (FERG) has around 35000 employees, a market worth around $43.51B and $29.64B in sales. Current P/E ratio is 25.11 and Fwd P/E is 19.14. Profit margin for the company is 5.85%. Distance from 52-week low is 28.13% and -5.11% from its 52-week high. The company has generated returns on investments over the last 12 months (16.39%).
with sales reaching $7.81B over the same period.The EPS is expected to grow by 1.41% this year, but quarterly earnings will post 2.66% year-over-year. Quarterly sales are estimated to grow 1.32% in year-over-year returns.
Ferguson Enterprises Inc (FERG) Top Institutional Holders
1105.0 institutions hold shares in Ferguson Enterprises Inc (FERG), with institutional investors hold 92.33% of the company’s shares. The shares outstanding are 201.34M, and float is at 198.90M with Short Float at 1.29%. Institutions hold 90.09% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.45 million shares valued at $4.93 billion. The investor’s holdings represent 12.5599% of the FERG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.09 million shares valued at $2.34 billion to account for 5.9697 of the shares outstanding. The other top investors are FMR LLC which holds 8.18 million shares representing 4.0371% and valued at over $1.58 billion, while BANK OF NEW YORK MELLON CORP holds 3.1046 of the shares totaling 6.29 million with a market value of $1.22 billion.
Ferguson Enterprises Inc (FERG) Insider Activity
The most recent transaction is an insider sale by Winckler Richard, the company’s Chief Accounting Officer. SEC filings show that Winckler Richard sold 1,325 shares of the company’s common stock on Oct 14 ’24 at a price of $201.75 per share for a total of $0.27 million. Following the sale, the insider now owns 1000.0 shares.
Ferguson Enterprises Inc disclosed in a document filed with the SEC on Oct 14 ’24 that Williams Garland (Senior Vice President-Blended) sold a total of 1,118 shares of the company’s common stock. The trade occurred on Oct 14 ’24 and was made at $201.22 per share for $0.22 million. Following the transaction, the insider now directly holds 1882.0 shares of the FERG stock.
Still, SEC filings show that on Oct 14 ’24, Thees William T. Jr (Senior Vice President) disposed off 5,111 shares at an average price of $200.97 for $1.03 million. The insider now directly holds 25,512 shares of Ferguson Enterprises Inc (FERG).
