Ferguson Enterprises Ranks 203rd in Market with $517 Million Trading Volume Amid Russell 3000 Index Inclusion

Ferguson Enterprises(FERG) closed at $12.75, with a trading volume of $517 million, ranking 203rd in the market. The stock has been on a downward trend for three consecutive days, with a total decline of 0.75% over the past three days.

Ferguson Enterprises Inc. has been added to the Russell 3000 Index, a widely recognized benchmark for the U.S. equity market. This inclusion reflects the company's significant market presence and financial performance. The Russell 3000 Index tracks the performance of the 3,000 largest U.S. companies based on market capitalization, providing a comprehensive view of the U.S. equity market.

Ferguson Enterprises Inc. operates as a leading distributor in North America, offering a wide range of solutions and products across various sectors. The company's U.S. segment, operating under the Ferguson brand, provides solutions and products for infrastructure, plumbing, appliances, HVAC, fire, fabrication, and more. These products are delivered through a network of distribution centers, branches, specialist sales associates, and e-commerce platforms. The Canada segment, primarily operating under the Wolseley brand, supplies plumbing, HVAC, and refrigeration products to residential and commercial contractors. Additionally, this segment offers specialist water and wastewater treatment products to residential, commercial, and infrastructure contractors, as well as PVF solutions to industrial customers.