From Yahoo Finance: 2025-06-17 11:24:00

Ferguson Enterprises Inc. (NYSE:FERG) is among the 10 Hot Large Cap Stocks to Buy Now, with Wells Fargo analyst Sam Reid maintaining a Buy rating and setting a price target of $230.00 on June 10. The company reported fiscal Q3 2025 results with a 4.3% sales growth to $7.6 billion and a gross margin of 31.0%. Ferguson Enterprises Inc. (FERG) declared a quarterly dividend of $0.83, showing a 5% increase over last year and repurchased shares worth $251 million. The company updated its full-year guidance to low to mid-single-digit revenue growth and an adjusted operating margin range of 8.5% to 9.0%. Ferguson Enterprises Inc. (FERG) supplies heating and plumbing products in the US and Canada, catering to residential and non-residential customers.



Read more at Yahoo Finance: Wells Fargo Maintains a Buy on Ferguson Enterprises (FERG) With a $230 PT