Welcome to our dedicated page for Ferguson Enterprises news (Ticker: FERG), a resource for investors and traders seeking the latest updates and insights on Ferguson Enterprises stock.
Ferguson Enterprises Inc. distributes essential water and air products to specialized professionals in North American residential and non-residential construction markets. Its product categories include plumbing, HVAC, appliances, lighting, PVF, and water and wastewater solutions, supported by branch, showroom, phone, and digital customer channels.
Recurring Ferguson news covers operating results, organic and acquisition-driven growth, non-residential project demand, cash returns through dividends, and acquisitions used to consolidate fragmented distribution markets. Company updates also include strategic alliances for contractor e-commerce, SEC filing notices, annual-meeting matters, and Director/PDMR shareholding notifications tied to restricted stock units under the 2023 Omnibus Equity Incentive Plan.
Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity as part of its $4.0 billion share repurchase program. From September 3 to September 6, 2024, the company purchased a total of 104,213 shares of its common stock across various trading venues. The daily weighted average purchase prices ranged from $191.7301 to $202.9114 per share. Following these purchases, Ferguson holds 394,206 shares in treasury, with 200,949,047 remaining shares of common stock in issue. This figure may be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity from August 26 to August 30, 2024, as part of its $4.0 billion share repurchase program. The company bought back a total of 60,300 shares across various trading venues. Daily purchase volumes ranged from 8,200 to 14,800 shares, with weighted average prices between $204.07 and $217.15 per share. Following these purchases, Ferguson holds 290,102 shares in treasury, with 201,053,151 remaining shares in issue. This figure can be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.
ServiceTitan, a software platform for the trades, has launched a strategic collaboration with Ferguson, a leading distributor of commercial and residential supplies. This partnership aims to empower contractors by providing access to ServiceTitan's comprehensive platform, which includes tools for scheduling, dispatching, invoicing, and more.
The collaboration addresses procurement challenges by integrating Ferguson's product catalog with real-time pricing and availability. Key benefits include:
- Real-time pricebook updates
- In-app procurement
- Simplified reconciliation
- Increased profitability
- Enhanced end-customer satisfaction
This partnership is designed to help contractors win more business, increase profitability, and maximize customer lifetime value in today's competitive market.
Ferguson (NYSE: FERG; LSE: FERG) has announced that it will release its fourth quarter and year-end results on Tuesday, September 17, 2024. The results will be available on Ferguson's website at 6:45 a.m. ET/11:45 a.m. BST. A conference call and webcast for analysts and investors will be held at 8:30 a.m. ET/1:30 p.m. BST on the same day.
Interested parties can register for the webcast on Ferguson's corporate website. A slide presentation accompanying the event will be accessible 15 minutes before the start time. An archived version of both the webcast and slide presentation will remain available for 12 months following the live event.
Ferguson Enterprises (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity as part of its $4.0 billion share repurchase program. From August 19 to August 23, 2024, the company purchased a total of 58,527 shares of its common stock. The daily weighted average purchase prices ranged from $205.9191 to $213.5100 per share across various trading venues. Following these purchases, Ferguson now holds 230,146 shares in treasury, with 201,113,107 shares remaining in issue. This figure may be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has announced the repurchase of 67,900 shares of its common stock from August 12-16, 2024, as part of its $4.0 billion share repurchase program. The company provided a detailed breakdown of daily purchases across various trading venues, with prices ranging from $196.15 to $210.54 per share. Following these purchases, Ferguson holds 171,619 shares in treasury, with 201,171,634 remaining shares in issue. This figure can be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity from August 5 to August 9, 2024. The company bought back 82,300 shares as part of its $4.0 billion share repurchase program. Daily purchases ranged from 17,200 to 18,000 shares, with weighted average prices between $197.42 and $200.26 per share. After these transactions, Ferguson holds 103,719 shares in treasury, with 201,239,534 shares remaining in issue. This figure can be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) has announced the closing of ten acquisitions in the fiscal year ending July 31, 2024, including two recent additions: Gerster Equipment Co. and United Water Works, Inc. Gerster Equipment, a distributor of Trane and Mitsubishi HVAC brands, enhances Ferguson's dual-trade strategy in New York. United Water Works expands Ferguson's Waterworks presence in Southern California, adding erosion control and stormwater management products to its offering.
CEO Kevin Murphy highlighted the diverse mix of acquisitions across plumbing, HVAC, waterworks, and fire protection sectors. Ferguson's growth strategy heavily relies on acquisitions, with over 50 completed in the last five years. The company operates in fragmented markets comprising 10,000+ small to medium independent companies across nine customer groups in North America.
Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its latest share repurchase activity as part of its $4.0 billion share repurchase program. From August 1-2, 2024, the company purchased a total of 21,419 shares of its common stock. The purchases were executed across various trading venues, with daily weighted average purchase prices ranging from $203.2900 to $222.3100 per share.
Following these purchases, Ferguson intends to hold the acquired shares in treasury. The remaining number of shares of common stock in issue will be 201,321,834, which shareholders can use as the denominator for calculating their interest in the company under the Disclosure Guidance and Transparency Rules.
Ferguson Enterprises Inc. (FERG) has filed Post-Effective Amendment No. 1 to certain Registration Statements on Form S-8 with the U.S. Securities and Exchange Commission (SEC) on August 1, 2024. The amendments pertain to Registration Statement Numbers 333-253988, 333-263084, and 333-275849. These filings are now accessible on the SEC's website at sec.gov and on the SEC Filings page of Ferguson's corporate website. This administrative action involves updating previously filed registration statements, which are typically used for registering securities offered to employees through benefit plans.