Ferguson Enterprises Stock Price, News & Analysis

Ferguson (NYSE: FERG) has announced the completion of two strategic acquisitions to strengthen its commercial and fire & fabrication businesses. The company acquired Independent Pipe & Supply Corp., a distributor of pipe, valves, and other products with eight locations across the Northeast US, and National Fire Equipment and National Fire Fabrication , a Canadian market leader in fire and fabrication products with seven locations.

Independent Pipe & Supply's acquisition closed on March 31, 2025, enhancing Ferguson's footprint in New England. National Fire's acquisition, completed on April 14, 2025, will be integrated into Ferguson's Canadian subsidiary, Wolseley Canada, expanding the company's Fire & Fabrication customer group strategy in Canada.

CEO Kevin Murphy emphasized that acquisitions remain a key growth driver, complementing organic growth. Ferguson has completed approximately 50 acquisitions in the past five years, operating in fragmented markets comprising over 10,000 small to medium independent companies across nine customer groups in North America.

Ferguson Enterprises (NYSE: FERG; LSE: FERG) has announced a dividend payment of $0.83 per share, scheduled for May 6, 2025. The dividend will be distributed to stockholders of record as of the market close on March 21, 2025.

For holders of Depositary Interests within CREST, the default payment will be in British pounds sterling (GBP), with an established exchange rate of 1.3069 GBP/USD. Shareholders have the option to elect for payment in alternative currencies. The company has provided access to additional dividend information through their investor relations website.

Ferguson Enterprises (ISIN: US31488V1070) has announced significant insider stock option grants under its Employee Share Purchase Plan 2021. Key executives including CEO Kevin Murphy, CFO William Brundage, and other senior leaders have each been granted 68 share options at $132.276 per share, or 85% of the NYSE closing price at exercise (whichever is lower).

The transaction date is set for April 4, 2025, with each executive's grant valued at approximately $8,994.768. The options have flexible terms, allowing for up to 100 shares based on savings amounts and stock price at exercise. Notable recipients include COO William Thees, Chief Strategy Officer Jake Schlicher, and CHRO Allison Stirrup, among others.

Ferguson Enterprises has filed a Form 8-K with the Securities and Exchange Commission (SEC) on April 3, 2025. The filing is accessible to the public through the SEC's official website at sec.gov and can also be found on Ferguson's corporate website under the SEC Filings section at corporate.ferguson.com/investor/financial-information/sec-filings.

Ferguson Enterprises has filed its Form 10-Q with the Securities and Exchange Commission (SEC) on March 11, 2025. The quarterly report filing is accessible through two channels: the official SEC website at sec.gov and through Ferguson's corporate investor relations page under the SEC Filings section at corporate.ferguson.com/investor/financial-information/sec-filings.

Ferguson (NYSE: FERG) reported Q2 financial results with sales of $6.9 billion, up 3.0% year-over-year, driven by 5% volume growth partially offset by 2% deflation. The company's gross margin declined 70 basis points to 29.7%, while operating margin was 6.0% (6.5% adjusted).

Key highlights include diluted EPS of $1.38 ($1.52 adjusted), a quarterly dividend increase of 5% to $0.83, and share repurchases of $252 million. The company expanded its buyback program by an additional $1.0 billion. In the US market, residential revenue grew ~2% while non-residential revenue increased ~4%, showing continued market share gains.

Ferguson reaffirmed its full-year revenue guidance for low single-digit growth but updated its expected adjusted operating margin range to 8.3-8.8%. The company maintains a strong balance sheet with net debt to adjusted EBITDA of 1.2x.

Ferguson announces the unification of Ferguson Bath, Kitchen & Lighting Gallery and Build.com under a single brand: Ferguson Home. The rebranding, officially launching February 25, 2025, at the Kitchen & Bath Industry Show in Las Vegas, creates an integrated omnichannel shopping experience.

The new Ferguson Home combines Build.com's e-commerce platform with Ferguson's 250+ showrooms and 1,200+ product experts, offering a seamless experience across digital and physical spaces. The transition includes the launch of FergusonHome.com, with Build.com remaining active for six months to ensure smooth transition.

The unified brand maintains all existing customer features while adding enhanced integration between online and in-store experiences. Customers can pre-select products online before consulting with showroom experts, combining digital convenience with personalized service.

Ferguson (NYSE: FERG; LSE: FERG) has announced it will release its second quarter results on Tuesday, March 11, 2025. The results will be published on the company's website at corporate.ferguson.com at 6:45 a.m. ET/10:45 a.m. GMT.

Following the release, Ferguson will host a conference call and webcast for analysts and investors at 8:30 a.m. ET/12:30 p.m. GMT on the same day. Interested participants can register for the webcast through the company's website.

A slide presentation accompanying the event will be available 15 minutes before the start time on the Events, Results and Reports page in the Investors section of Ferguson's website. An archived version of both the webcast and slide presentation will remain accessible for 12 months after the live event.

PERENfra has launched the Perennial Infrastructure Fund I, a private investment fund targeting $125 million to invest in core water infrastructure assets. The Fund has secured strategic investments from Garney Equity Holdings and Ferguson Ventures, positioning itself as the first investment vehicle focused solely on water infrastructure.

The Fund has already begun allocating capital, with plans for full deployment by 2026. Initial investments include financing, designing, constructing, owning, and operating six new water and wastewater treatment plants. The Fund has attracted various US-based family offices as initial partners and expects to be fully subscribed by early 2025.

Led by Founder and CEO Jeff C. Nelson and President Gary Brauchle, PERENfra has operated independently since 2020. The Fund aims to address the unfulfilled capital needs in the water infrastructure market while delivering long-term returns to investors.