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Wells Fargo Maintains a Buy on Ferguson Enterprises (FERG) With a $230 PT

by Admin
June 17, 2025
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Wells Fargo Maintains a Buy on Ferguson Enterprises (FERG) With a $230 PT
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Ferguson Enterprises Inc. (NYSE:FERG) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 10, Wells Fargo analyst Sam Reid maintained a Buy rating on Ferguson Enterprises Inc. (NYSE:FERG) and set a price target of $230.00.

The company’s recently released fiscal Q3 2025 results showed a 4.3% growth in sales to $7.6 billion, despite the impact of foreign exchange (1.7%) and one fewer sales day. It reported a gross margin of 31.0%, up 50 basis points from the previous year.

Why Ferguson Enterprises Inc. (FERG) Skyrocketed On Tuesday
Why Ferguson Enterprises Inc. (FERG) Skyrocketed On Tuesday

A busy warehouse stocked with a variety of industrial plumbing parts.

Ferguson Enterprises Inc. (NYSE:FERG) also declared a quarterly dividend of $0.83, showing a 5% growth over last year. It repurchased shares worth $251 million during fiscal Q3 2025.

Although the company is operating in an uncertain and dynamic environment, it updated its full-year guidance to low to mid-single-digit revenue growth, supported by its strong performance in the quarter. Ferguson Enterprises Inc. (NYSE:FERG) also expects an adjusted operating margin range of 8.5% to 9.0%.

Ferguson Enterprises Inc. (NYSE:FERG) supplies and distributes heating and plumbing products in the United States and Canada. The company provides expertise, products, and solutions, including appliances, plumbing, fire, heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers.

While we acknowledge the potential of FERG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.



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