Goldman Sachs Initiates Coverage of Ferguson Enterprises (FERG) with Buy Recommendation

Ferguson Enterprises Inc.
US ˙ NYSE

Goldman Sachs Initiates Coverage of Ferguson Enterprises (FERG) with Buy Recommendation

2025-06-18 23:45
US

Fintel reports that on June 18, 2025, Goldman Sachs initiated coverage of Ferguson Enterprises (NYSE:FERG) with a Buy recommendation.

Analyst Price Forecast Suggests 7.66% Downside

As of June 2, 2025, the average one-year price target for Ferguson Enterprises is $198.05/share. The forecasts range from a low of $169.68 to a high of $270.90. The average price target represents a decrease of 7.66% from its latest reported closing price of $214.47 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Ferguson Enterprises is 31,980MM, an increase of 5.86%. The projected annual non-GAAP EPS is 10.48.

What is the Fund Sentiment?

There are 1,405 funds or institutions reporting positions in Ferguson Enterprises. This is an increase of 51 owner(s) or 3.77% in the last quarter. Average portfolio weight of all funds dedicated to FERG is 0.46%, an increase of 1.08%. Total shares owned by institutions increased in the last three months by 2.60% to 210,346K shares. FERG / Ferguson Enterprises Inc. Put/Call Ratios The put/call ratio of FERG is 0.79, indicating a bullish outlook.

What are Other Shareholders Doing?

FERG / Ferguson Enterprises Inc. Shares Held by Institutions

Bank of New York Mellon holds 7,660K shares representing 3.88% ownership of the company. In its prior filing, the firm reported owning 6,154K shares , representing an increase of 19.66%. The firm increased its portfolio allocation in FERG by 23.22% over the last quarter.

Invesco holds 6,819K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 5,991K shares , representing an increase of 12.13%. The firm decreased its portfolio allocation in FERG by 90.07% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,310K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 6,291K shares , representing an increase of 0.30%. The firm decreased its portfolio allocation in FERG by 3.41% over the last quarter.

Janus Henderson Group holds 5,564K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 4,935K shares , representing an increase of 11.30%. The firm decreased its portfolio allocation in FERG by 62.86% over the last quarter.

Price T Rowe Associates holds 4,454K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 2,699K shares , representing an increase of 39.41%. The firm increased its portfolio allocation in FERG by 62.84% over the last quarter.

Ferguson Plc. Background Information
(This description is provided by the company.)

Ferguson plc (formerly Wolseley plc) is a British-American multinational plumbing and heating products distributor with its head office in Wokingham, England. Its brands include Ferguson Enterprises (in the United States).

Other Listings
DE:UH3
GB:FERG 17.050,00 £
GB:FERGL
Fintel data has been cited in the following publications:
Daily Mail Fox Business Business Insider Wall Street Journal The Washington Post Bloomberg Financial Times Globe and Mail
NASDAQ.com Reuters The Guardian Associated Press FactCheck.org Snopes Politifact
Federal Register The Intercept Forbes Fortune Magazine TheStreet Time Magazine Canadian Broadcasting Corporation International Business Times
Cambridge University Press Investopedia MarketWatch NY Daily News Entrepreneur Newsweek Barron's El Economista