Ferguson shares fall after Q1 update keeps outlook steady as residential demand stays soft

Ferguson Enterprises Inc. (FERG) is down 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: Ferguson posted solid first-quarter profit and margin expansion, but investors appeared to focus on continued softness in residential end markets and signs of ongoing volume pressure. With full-year guidance reiterated rather than raised, the update may have been read as “good, but not good enough” versus expectations going into the print.

Details:

Ferguson reported first-quarter net sales of $7.5 billion, up 3.6% year over year, with adjusted operating profit up 8.4% and adjusted EPS of $2.28.

Management said U.S. residential end markets remained challenged; residential revenue declined 1% as new construction and repair/remodel activity stayed soft.

Non-residential demand was stronger, with non-residential revenue up 8%, supported by large capital projects and improving open orders/backlog commentary.

Ferguson kept its calendar 2026 guidance unchanged (low- to mid-single-digit sales growth; adjusted operating margin 9.4%–9.8%) while also authorizing a new $2 billion share repurchase program.

Sources:

Ferguson Investor Relations, MarketBeat, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$FERG Hedge Fund Activity

We have seen 435 institutional investors add shares of $FERG stock to their portfolio, and 418 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,219,166 shares (-75.1%) from their portfolio in Q4 2025, for an estimated $1,384,572,926
WELLINGTON MANAGEMENT GROUP LLP added 5,631,554 shares (+150.8%) to their portfolio in Q4 2025, for an estimated $1,253,752,867
WCM INVESTMENT MANAGEMENT, LLC added 4,406,095 shares (+inf%) to their portfolio in Q4 2025, for an estimated $980,928,929
EGERTON CAPITAL (UK) LLP removed 1,591,910 shares (-61.2%) from their portfolio in Q4 2025, for an estimated $354,406,923
LONDON & CAPITAL ASSET MANAGEMENT LTD added 1,552,994 shares (+702.1%) to their portfolio in Q4 2025, for an estimated $345,743,054
FMR LLC added 1,458,477 shares (+26.2%) to their portfolio in Q4 2025, for an estimated $324,700,734
CITADEL ADVISORS LLC removed 826,028 shares (-97.8%) from their portfolio in Q4 2025, for an estimated $183,898,613

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FERG Government Contracts

We have seen $859,592 of award payments to $FERG over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PUMP ROOM ITEMS: $141,569
FAC-FWP#147-SUPPLIES FOR POTABLE WATER DISTRIBUTION NETWORK: $84,045
B&F PROJECT 25Z1AM1 - REPLACE FOOD SERVICE ROOFTOP HVAC UNITS: $58,154

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$FERG Congressional Stock Trading

Members of Congress have traded $FERG stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FERG stock by members of Congress over the last 6 months:

REPRESENTATIVE RICK W. ALLEN purchased up to $50,000 on 12/12.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$FERG Analyst Ratings

Wall Street analysts have issued reports on $FERG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barclays issued a "Overweight" rating on 01/15/2026
Jefferies issued a "Buy" rating on 12/02/2025

To track analyst ratings and price targets for $FERG, check out Quiver Quantitative's $FERG forecast page.

$FERG Price Targets

Multiple analysts have issued price targets for $FERG recently. We have seen 10 analysts offer price targets for $FERG in the last 6 months, with a median target of $275.5.

Here are some recent targets:

Sam Reid from Wells Fargo set a target price of $260.0 on 04/08/2026
Keith Hughes from Truist Securities set a target price of $300.0 on 02/26/2026
Matthew Bouley from Barclays set a target price of $295.0 on 02/25/2026
Mike Dahl from RBC Capital set a target price of $271.0 on 02/25/2026
Scott Schneeberger from Oppenheimer set a target price of $280.0 on 02/25/2026
John Lovallo from UBS set a target price of $252.0 on 02/25/2026
Collin Verron from Deutsche Bank set a target price of $246.0 on 12/11/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.