Bernstein has initiated coverage on Ferguson Enterprises Inc (FERG) with an Outperform rating, marking its first assessment of the company. This decision reflects the firm's analysis of Ferguson's business, industry dynamics, and growth prospects.
Ferguson operates within the Trading Companies & Distributors industry, supplying plumbing and heating products to professional contractors and consumers. Headquartered in Newport News, Virginia, the company employs approximately 35,000 full-time staff and serves various sectors, including plumbing, HVAC, and industrial markets. With a market capitalization of $48.7 billion, Ferguson has a trailing P/E ratio of 26.22 and an EPS of 9.33. The company also boasts a dividend yield of 131.2%.
Ferguson is set to report its upcoming earnings on May 31, 2026, with an estimated EPS of $2.72 and revenue expectations of $8.2 billion. Recent performance has shown promise, with a Q4 2025 EPS of $3.48, surpassing estimates by 14.3%.
Analyst ratings, such as Bernstein's, provide insights based on research and financial models but should be considered alongside other factors, including company fundamentals and market conditions. As of November 1, 2025, the analyst consensus on Ferguson stands at 30 ratings, with 7 Strong Buy, 15 Buy, and 8 Hold recommendations, indicating a general positive outlook on the stock.
This update provides insight into Bernstein's view on Ferguson Enterprises, suggesting confidence in its growth trajectory in a competitive market.