Ferguson Enterprises Shares Soar 1.54% on Strong Earnings

Ferguson Enterprises (FERG) shares surged to a record high today, with an intraday gain of 1.54%.

Ferguson Enterprises reported earnings per share (EPS) of $2.50 for the quarter, exceeding analysts' consensus estimates of $2.01 by $0.49. This strong performance indicates robust financial health and operational efficiency, contributing to investor confidence.

Ferguson PLC's third-quarter fiscal 2025 results showed a 5% organic growth, with pricing trends stabilizing. This growth reflects the company's strategic initiatives and market positioning, further bolstering investor optimism.

Analysts from Wells Fargo maintained a Buy rating with a price target of $250, suggesting a positive outlook for the company. This rating, along with an 8.70% increase in the target price, underscores the analysts' confidence in Ferguson's future prospects.

Various analysts have raised their price targets for Ferguson Enterprises, reflecting evolving positive expectations. This collective sentiment from the analyst community highlights the company's strong fundamentals and growth potential.