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

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 Price Performance

Shares of Ferguson stock traded up $14.28 during trading on Wednesday, hitting $162.30. 1,068,155 shares of the company’s stock traded hands, compared to its average volume of 1,541,923. Ferguson plc has a twelve month low of $145.81 and a twelve month high of $225.63. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.68 and a quick ratio of 0.91. The company has a market cap of $32.45 billion, a PE ratio of 19.34, a PEG ratio of 1.69 and a beta of 1.17. The firm’s fifty day moving average price is $169.74 and its 200 day moving average price is $185.33.

Ferguson (NASDAQ:FERG) last issued its quarterly 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 return on equity of 34.63% and a net margin of 5.68%. The company had revenue of $6.87 billion for the quarter, compared to analyst estimates of $6.76 billion. During the same quarter last year, the company earned $1.74 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts forecast that Ferguson plc will post 9.4 earnings per share for the current year.

Ferguson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Friday, March 21st will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 2.05%. The ex-dividend date is Friday, March 21st. Ferguson’s dividend payout ratio (DPR) is presently 40.84%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FERG. Bank of America raised Ferguson from an “underperform” rating to a “buy” rating and upped their price target for the company from $185.00 to $225.00 in a research note on Wednesday, January 8th. Robert W. Baird set a $190.00 price target on Ferguson and gave the stock an “outperform” rating in a research report on Wednesday, March 12th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $189.00 price target on shares of Ferguson in a research note on Tuesday, March 18th. Wells Fargo & Company decreased their price target on shares of Ferguson from $205.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Finally, Citigroup lowered their price objective on shares of Ferguson from $189.00 to $168.00 and set a “neutral” rating for the company in a research report on Wednesday, March 12th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $198.62.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FERG. FMR LLC grew its stake in Ferguson by 18.2% during the fourth quarter. FMR LLC now owns 10,007,892 shares of the company’s stock worth $1,740,049,000 after buying an additional 1,539,889 shares in the last quarter. Invesco Ltd. raised its position in Ferguson by 25.9% in the fourth quarter. Invesco Ltd. now owns 5,991,445 shares of the company’s stock valued at $1,039,935,000 after purchasing an additional 1,231,120 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Ferguson by 1.3% during the fourth quarter. Janus Henderson Group PLC now owns 4,935,419 shares of the company’s stock worth $856,746,000 after purchasing an additional 62,887 shares during the last quarter. State Street Corp grew its holdings in Ferguson by 3.7% during the 3rd quarter. State Street Corp now owns 4,541,079 shares of the company’s stock worth $905,230,000 after acquiring an additional 161,662 shares during the last quarter. Finally, Parnassus Investments LLC increased its position in Ferguson by 944.4% in 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 period. 81.98% of the stock is owned by institutional investors.

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.