FERG

Ferguson reported Q1 sales of $7.5 billion (+3.6% y/y) with 2.8% organic growth, gross margin up 30 bps to 31%, operating profit +8.4% to $647 million, and EPS +9.1% to $2.28. End markets were split: U.S. residential (about half of revenue) was soft with residential revenue down 1%, while non‑residential rose 8% driven by large capital projects and growing backlog. Management continued active capital deployment—six acquisitions expected to add ~$350 million of revenue, returned $410 million to shareholders (including $236 million of buybacks), approved a new $2 billion repurchase authorization, and reaffirmed full‑year 2026 guidance with net debt/EBITDA at 1.0x. Interested in Ferguson plc? Here are five stocks we like better. Ferguson (LON:FERG) reported first-quarter results that showed sales growth and margin expansion, with management emphasizing execution in a “challenging market” and reiterating full-year 2026 guidance. CEO Kevin Murphy said the company delivered “another quarter of solid results despite a challenging market.” Sales totaled $7.5 billion, up 3.6% year over year, driven by 2.8% organic growth and 0.8% acquisition growth. Gross margin expanded 30 basis points to 31%, which Murphy attributed to “solid execution across the business.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook Operating profit rose 8.4% to $647 million, with operating margin expanding 40 basis points to 8.7%. Diluted earnings per share increased 9.1% to $2.28. CFO Bill Brundage said productivity initiatives and cost discipline contributed to the quarter’s performance “while we invest for future growth.” Murphy said the U.S. residential end market—about half of company revenue—“remained challenged,” citing weak new residential construction and soft repair, maintenance, and improvement (RMI) activity. Ferguson’s residential revenue declined 1% for the quarter, which Murphy said reflected outperformance versus weak market conditions. → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches In non-residential, Murphy characterized the market as “mixed,” but said Ferguson’s scale, expertise, “multi-customer group approach,” and value-added solutions drove share gains. Non-residential revenue increased 8% in the quarter. Management also highlighted ongoing large capital project activity, with “solid shipments” and growth in “bidding activit...

Solid Start to the Year; Full Year Guidance Unchanged First quarter highlights Sales of $7.5 billion, increased 3.6%. Gross margin of 31.0%, up 30 bps from prior year. Operating margin of 8.2%, up 120 bps on prior year (8.7%, up 40 bps on an adjusted basis). Diluted earnings per share of $2.13, up 23.1% on prior year ($2.28 on an adjusted basis, up 9.1%). Completed two acquisitions during the quarter, one subsequent to quarter-end and signed definitive purchase agreements on another three. Declared quarterly dividend of $0.89. Share repurchases of $236 million during the quarter; and new $2 billion share repurchase program authorization. Balance sheet remains strong with net debt to adjusted EBITDA of 1.0x. NEWPORT NEWS, Va., May 05, 2026--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG). Kevin Murphy, Ferguson CEO, commented, "Our associates delivered another quarter of solid results in a challenging market. We are particularly pleased with another quarter of strong non-residential revenue growth, driven by our ability to serve large capital projects. Our scale-advantaged business model and consistent cash generation enable us to invest in organic growth, consolidate our markets through acquisitions and return capital to shareholders, all while maintaining a strong balance sheet. "While the economic environment remains uncertain, we expect to continue to outperform the market by deploying scale locally while leveraging the long term growth drivers of water infrastructure, large capital projects, climate and comfort and aging and underbuilt housing. We are confident in our ability to capitalize on these growth drivers as we provide essential water and air solutions for the complex project needs of the specialized professional." Calendar 2026 Guidance (unchanged) Summary of financial results Quarter ended March 31, 2026 Net sales of $7.5 billion were 3.6% ahead of last year driven by organic revenue growth of 2.8% and acquisition growth of 0.8%. Price inflation was in the mid-single digits. Gross margin of 31.0% was 30 basis points above last year reflecting solid execution across the business. In addition, we continued to drive productivity and diligently manage the cost base. Reported operating profit was $612 million (8.2% operating margin), 20.7% ahead of last year. Adjusted operating profit of $647 million (8.7% adjusted operating margi...

Eaton Corporation ETN is expected to report an improvement in both top and bottom lines when it reports first-quarter 2026 results on May 5, before market open. The Zacks Consensus Estimate for ETN’s first-quarter revenues is pegged at $7.09 billion, indicating an 11.11% increase from the year-ago reported figure. The consensus estimate for earnings is pegged at $2.74 per share. The Zacks Consensus Estimate for ETN’s first-quarter earnings indicates year-over-year growth of 0.74%. Image Source: Zacks Investment Research Eaton’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met in one quarter, resulting in an average surprise of 0.53%. Image Source: Zacks Investment Research Our proven model predicts a likely earnings beat for Eaton this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is the case here, as you can see below. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: Eaton has an Earnings ESP of +0.58%. Zacks Rank: Eaton currently carries a Zacks Rank #3. Other stocks in the same sector that possess these two factors and are likely to come out with an earnings beat this season are AGCO Corporation AGCO, Eos Energy Enterprises EOSE and Ferguson plc. FERG are currently having Earnings ESP of +0.75%, +15.04% and +7.17%, respectively. AGCO, EOSE and FERG currently have a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Eaton’s steady investment in research and development improves its existing product portfolio while supporting the development of new solutions for customers. This ongoing innovation enables the company to win additional orders and broaden its market reach, ultimately driving earnings growth. For the first quarter, Eaton expects organic revenue growth in the range of 5–7%. Eaton’s broad product portfolio is helping it secure new orders, steadily strengthening the backlog. This growing backlog offers strong revenue visibility, and the company continues to benefit from this expanding pipeline of future business. First-quarter earnings are likely to have benefited from contributions of the Fibrebond and Ultra PCS acquisition. Apart from acquisition-driven benefits, Eaton’s capability to address cri...

This article first appeared on GuruFocus. Ferguson Enterprises Inc (LSE:FERG) is set to release its Q1 2026 earnings on May 5, 2026. The consensus estimate for Q1 2026 revenue is $5.55 billion, and the earnings are expected to come in at $1.50 per share. The full year 2026's revenue is expected to be $24.05 billion and the earnings are expected to be $7.59 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 2 Warning Sign with MIL:LDO. Is LSE:FERG fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Ferguson Enterprises Inc (LSE:FERG) have increased from $23.99 billion to $24.05 billion for the full year 2026, while for 2027, they have declined from $24.37 billion to $23.94 billion. Earnings estimates have also changed, increasing from $7.49 per share to $7.59 per share for 2026, and from $7.37 per share to $7.82 per share for 2027. In the previous quarter of October 31, 2025, Ferguson Enterprises Inc's (LSE:FERG) actual revenue was $6.06 billion, which missed analysts' revenue expectations of $6.13 billion by -1.11%. Ferguson Enterprises Inc's (LSE:FERG) actual earnings were $2.15 per share, which beat analysts' earnings expectations of $2.00 per share by 7.44%. After releasing the results, Ferguson Enterprises Inc (LSE:FERG) was flat in one day. Based on the one-year price targets offered by 6 analysts, the average target price for Ferguson Enterprises Inc (LSE:FERG) is $249.22 with a high estimate of $307.05 and a low estimate of $208.99. The average target implies an upside of 28% from the current price of $194.70. Based on GuruFocus estimates, the estimated GF Value for Ferguson Enterprises Inc (LSE:FERG) in one year is $163.70, suggesting a downside of -15.92% from the current price of $194.70. Based on the consensus recommendation from 15 brokerage firms, Ferguson Enterprises Inc's (LSE:FERG) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Ferguson Enterprises is back in focus as refreshed analyst work supports a tight band of new price targets, with the most bullish calls now clustered between about US$252 and US$300. Those shifts are being shaped by reactions to Q4 results, the hybrid analyst day, and the updated medium term growth and margin framework, as analysts balance enthusiasm for non residential and large project exposure against questions on execution and macro sensitivity. Read on to see how to interpret these moves and keep up with the evolving Ferguson story. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Ferguson Enterprises. Truist lifted its Ferguson price target to US$300 from US$260, pointing to revenue growth tied to non residential businesses and large projects such as data centers, and highlighting what it views as a mix of growth potential and relatively low volatility over the long term. Oppenheimer moved its target to US$280 from US$255 after a Q4 that it says came in ahead of expectations, with the firm emphasizing Ferguson’s outlined market opportunities, updated medium term outlook, and detailed strategy shared during a call that felt to them like a mini Investor Day. Barclays raised its target to US$295 from US$278, citing what it sees as multi year tailwinds as Ferguson uses its scale and leverage in large capital projects across several verticals. RBC Capital took its target to US$271 from US$247 and pointed to management’s medium term growth and margin framework, which it views as supported by Ferguson’s position in certain end markets and its approach to capital deployment. Truist also cautions that data center and other large project comparisons are now getting tougher, which it argues could limit further gains off a strong recent period. Wells Fargo, while previously lifting its target to US$285, notes that some questions on Ferguson’s long term story still linger, including execution against its big picture plans and sensitivity to softer macro conditions. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!...

NEWPORT NEWS, Va., April 21, 2026--(BUSINESS WIRE)-- Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces today that it will issue its first quarter results on Tuesday, May 5, 2026. The results will be available on Ferguson’s website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. BST. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. BST on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide presentation will be available for 12 months after the live event. About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is North America’s largest value-added distributor of essential water and air solutions, serving specialized professionals in our $340B residential and non-residential construction markets. We help make our customers’ complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbing, HVAC, appliances, and lighting to PVF, water and wastewater solutions, and more. Headquartered in Newport News, Va., Ferguson has sales of $31.3 billion (CY’25) and approximately 35,000 associates in over 1,700 locations. For more information, please visit corporate.ferguson.com. Investor Inquiries Pete Kennedy Vice President, Investor Relations +1 757 603 0111 Christen Rusbarsky Director, Investor Relations +1 443 528 2533 Media Inquiries Christine Dwyer Vice President, Communications and Public Relations +1 757 469 5813 View source version on businesswire.com: https://www.businesswire.com/news/home/20260421377698/en/ Contacts Ferguson Enterprises Inc.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Ferguson Enterprises (FERG) is back in focus after fiscal third quarter earnings fell short of forecasts. Management pointed to continued softness in U.S. residential markets and lower HVAC revenues, which weighed on guidance and investor sentiment. See our latest analysis for Ferguson Enterprises. The recent earnings miss and softer U.S. residential demand have coincided with a 16.95% 1 month share price return decline to US$222.05. However, the 1 year total shareholder return of 41.73% and 5 year total shareholder return of 110.38% indicate that longer term momentum has been strong. If this pullback has you thinking about where else capital could work, it may be worth scanning infrastructure linked names using our 23 power grid technology and infrastructure stocks as a starting point for ideas. With earnings under pressure, a 1 month pullback and analyst targets sitting above the current US$222.05 price, the key question is simple: is Ferguson now trading below its worth, or is the market already pricing in future growth? Against the last close at $222.05, the most followed narrative points to a fair value of $276.55, built on detailed long term revenue and margin forecasts. Read the complete narrative. Curious what kind of revenue path, margin profile, and future earnings multiple are baked into that fair value? The narrative spells out a specific growth runway, a tighter share count, and a premium P/E assumption that together have to keep working for $276.55 to make sense. The most widely followed narrative applies an 8.15% discount rate to Ferguson's projected cash flows to arrive at the $276.55 fair value, so your view on HVAC expansion, non residential project work and long term profitability will likely decide whether you agree with that number or not. Result: Fair Value of $276.55 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, persistent commodity-led deflation and weaker residential demand could pressure margins and revenue, challenging the assumptions behind that 19.7% undervaluation story. Find out about the key risks to this Ferguson Enterprises narrative. With mixed signals across earnings, valuation and sector trends, it makes sense to look at the full picture yourself and n...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Ferguson Enterprises (FERG) is back in focus after reporting year on year growth in fourth quarter and five month 2025 revenue and earnings, pairing those results with fresh 2026 guidance and ongoing shareholder returns. See our latest analysis for Ferguson Enterprises. At a share price of $260.66, Ferguson’s recent earnings beat, new 2026 guidance and ongoing dividends and buybacks come after a 15.84% year to date share price return and a 50.59% 1 year total shareholder return. This suggests momentum has been building over time. If this kind of steady compounding appeals to you, it could be a good moment to broaden your search and check out 21 top founder-led companies as potential next ideas to research. With year-on-year growth, a US$260.66 share price, analyst targets a little higher, and ongoing buybacks and dividends, the key question now is simple: is Ferguson still undervalued, or is the market already pricing in future growth? Ferguson’s most followed narrative pegs fair value close to $261, almost exactly where the shares last closed around $260.66, yet still frames the stock as about 30% undervalued on that model. Read the complete narrative. Curious how a mid single digit growth outlook, firmer margins and a premium future P/E all still line up to support that fair value? The most followed narrative joins those dots using detailed earnings, revenue and share count assumptions, all pulled together with an 8.2% discount rate. If you want to see exactly which expectations have to hold for the $261 anchor to make sense, the full narrative breaks it down step by step. Result: Fair Value of $261.36 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the story could shift if residential demand stays weak or commodity-led deflation keeps pressuring margins, which would challenge the earnings and valuation narrative. Find out about the key risks to this Ferguson Enterprises narrative. That 30% undervalued narrative sits beside a different signal from the current P/E of 27x. Ferguson trades above both the US Trade Distributors average of 24.2x and the peer average of 25x, yet below its own fair ratio of 31.6x. Is this a margin of safety or a valuation stretch? See what the numbers say about this pri...

This article first appeared on GuruFocus. Revenue: $31.3 billion, a 5% increase over last year. Operating Profit: $3 billion, up 11.3%, with a 9.6% operating margin. Diluted Earnings Per Share: $10.58, a 13.4% increase over last year. Operating Cash Flow: $2.2 billion. Return to Shareholders: $1.6 billion via dividends and share repurchases. Return on Capital: 31% for the year. Quarterly Dividend: $0.89, to be paid in April. Net Sales Growth in the US: 5% overall; residential revenue flat, non-residential revenue up 11%. Waterworks Revenue: Increased by 13%. Commercial Mechanical Revenue: Grew 18%. Gross Margin: 31%, a 70 basis point increase over last year. Net Debt to EBITDA: 1.1 times. Fourth Quarter Net Sales: $7.5 billion, a 3.6% increase over last year. Fourth Quarter Operating Profit: $625 million, up 13.8%, with an 8.3% operating margin. Fourth Quarter Diluted Earnings Per Share: $2.10, an 11.7% increase over last year. EBITDA: $3.2 billion, $338 million ahead of prior year. Free Cash Flow: $1.9 billion. Acquisitions: $276 million invested, with eight acquisitions completed. Warning! GuruFocus has detected 6 Warning Sign with INVX. Is FERG fairly valued? Test your thesis with our free DCF calculator. Release Date: February 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ferguson Enterprises Inc (NYSE:FERG) reported a revenue of $31.3 billion, marking a 5% increase from the previous year. The company achieved an operating profit of $3 billion, representing an 11.3% increase and a 9.6% operating margin. Diluted earnings per share rose by 13.4% to $10.58. Ferguson Enterprises Inc (NYSE:FERG) generated strong operating cash flow of $2.2 billion, enabling continued investment in growth areas. The company successfully integrated eight acquisitions, contributing to market consolidation and returning $1.6 billion to shareholders through dividends and share repurchases. Residential markets, which account for approximately 50% of revenue, faced challenges with new housing starts and permitted activity declining. Residential trade plumbing revenue declined by 3% due to headwinds in new construction and RMI construction. HVAC revenue decreased by 1%, impacted by industry transitions to new efficiency standards and weak new residential construction activity. The company anticipates some gross margin co...

Ferguson reported full-year 2025 revenue of $31.3 billion (up 5%), operating profit of $3.0 billion (up 11.3%) and an operating margin of 9.6%, with diluted EPS of $10.58; the company generated $2.2 billion of operating cash flow, $1.9 billion of free cash flow and returned $1.6 billion to shareholders (including $902 million of buybacks). For 2026 management expects broadly flat end markets but guides to low- to mid-single-digit revenue growth and an operating margin of 9.4%–9.8%, with interest expense of about $200 million and CapEx of $350–400 million; early Q1 trends were slightly weaker but are expected to modestly improve. Strategically Ferguson is prioritizing large capital projects, water infrastructure, climate & comfort and housing, targeting long-term total annual growth of roughly 6%–11% (market ~2–4% plus 300–400 bps above-market organic growth and 1–3% from acquisitions) and incremental operating margin expansion of about 10–30 bps per year. Interested in Ferguson plc? Here are five stocks we like better. Ferguson (LON:FERG) reported calendar year 2025 results that management described as a “strong year” despite what it characterized as a challenging market, and it outlined expectations for broadly flat end markets in calendar 2026 with continued outperformance. The company also used its earnings call to provide a broader strategic update focused on long-term growth drivers across large capital projects, water infrastructure, climate and comfort, and housing. CEO Kevin Murphy noted that Investor Relations head Brian Lantz plans to retire in May. Murphy credited Lantz with contributing to Ferguson’s transition from the United Kingdom to the United States, establishing a New York Stock Exchange listing, and building an investor relations presence in the U.S. The company also announced that Pete Kennedy has been promoted to Vice President of Investor Relations, based in Virginia. → Hinge Health’s AI Moat Might Be Its Patient Movement Data For calendar 2025, Ferguson reported revenue of $31.3 billion, up 5% year over year. Operating profit was $3.0 billion, up 11.3%, and operating margin expanded to 9.6% for the year. Diluted earnings per share were $10.58, up 13.4%, which management attributed to operating profit growth and share repurchases. CFO Bill Brundage said revenue growth reflected 4.5% organic growth and 1% acquisition growth, partially o...

Ingersoll Rand Inc. IR reported fourth-quarter 2025 adjusted earnings of 96 cents per share, which surpassed the Zacks Consensus Estimate of 91 cents. The bottom line increased 14.3% year over year. Total revenues of $2.09 billion beat the consensus estimate of $2.05 billion. The top line increased 10.2% year over year. Acquisitions contributed 4% to revenues while organic revenues increased 2.9%. Foreign currency movements had a positive impact of 3.3%. Orders totaled $1.95 billion, up 8.5% year over year. Organically, orders increased 1.1%. For 2025, the company’s adjusted earnings came in at $3.34 per share, up 2% year over year. For the year, it generated revenues of $7.65 billion, reflecting an increase of 6%. The Industrial Technologies & Services segment generated revenues of $1.67 billion, accounting for 80% of net revenues. Sales increased 10.7% year over year. Acquisitions contributed 4.7% while movement in foreign currencies had a positive impact of 3.3%. The segment’s organic sales increased 2.7%. Our estimate for the segment’s sales was $1.63 billion. Segmental orders were up 8.9%. Adjusted EBITDA increased 5.8% year over year to $484.1 million. Our estimate for adjusted EBITDA was $478 million. The Precision & Science Technologies segment’s revenues totaled $419 million, representing 20% of net revenues. Our estimate for segmental revenues was $408 million. On a year-over-year basis, the segment’s revenues increased 8.1%. Organic sales increased 3.7% while movement in foreign currencies had a positive impact of 3.1%. Acquisitions contributed 1.3% to revenue growth. The segment’s orders increased 6.5% on a year-over-year basis. Adjusted EBITDA increased 19.3% year over year to $127.4 million. Our estimate for adjusted EBITDA was $126 million. Ingersoll Rand Inc. price-consensus-eps-surprise-chart | Ingersoll Rand Inc. Quote IR's cost of sales increased 10.8% year over year to $1.20 billion. Selling and administrative expenses were up 7.7% to $357.1 million. Adjusted EBITDA increased 9% year over year to $580.1 million. The margin decreased to 27.7% from 28.0% in the year-ago period. While exiting the fourth quarter, Ingersoll Rand had cash and cash equivalents of $1.25 billion compared with $1.54 billion at the end of December 2024. Long-term debt (less of current maturities) was $4.78 billion compared with $4.75 billion in December 2024. In 202...

NEWPORT NEWS, Va., February 11, 2026--(BUSINESS WIRE)-- Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces today that it will issue its results for the period ended December 31, 2025 and provide an update on market opportunities and strategy on Tuesday, February 24, 2026. The results will be available on Ferguson’s website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at corporate.ferguson.com on the Events, Results and Reports page under the Investors tab. An archived version of the webcast and slide presentation will be available for 12 months after the live event. About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the water and air specialized professional in our $340B residential and non-residential North American construction market. We help make our customers’ complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbing, HVAC, appliances, and lighting to PVF, water and wastewater solutions, and more. Headquartered in Newport News, Va., Ferguson has sales of $30.8 billion (FY’25) and approximately 35,000 associates in over 1,700 locations. For more information, please visit corporate.ferguson.com. Investor Inquiries Brian Lantz Vice President, IR and Communications +1 224 285 2410 Pete Kennedy Director, Investor Relations +1 757 603 0111 Media Inquiries Christine Dwyer Senior Director, Communications and Public Relations +1 757 469 5813 View source version on businesswire.com: https://www.businesswire.com/news/home/20260210973652/en/ Contacts Ferguson Enterprises Inc.