Ferguson Enterprises Surges to 181st in Market Rankings with $532 Million Turnover

Generated by AI AgentAinvest Market Brief
Thursday, May 15, 2025 8:04 pm ET1min read

On May 15, 2025,

(FERG) saw a significant increase in trading volume, with a turnover of $532 million, marking a 201.4% rise from the previous day. This surge placed at the 181st position in the day's stock market rankings, with the stock price rising by 3.77%.

Trian Fund Management LP has reduced its stake in Ferguson Enterprises Inc. This move comes as the company continues to operate as a leading distributor in North America, offering a wide range of solutions and products across various sectors including infrastructure, plumbing, appliances, HVAC, fire, fabrication, and more. The company's U.S. segment, operating under the Ferguson brand, caters to both residential and non-residential contractors, delivering products through a network of distribution centers, branches, specialist sales associates, and e-commerce platforms. In Canada, the company operates primarily under the Wolseley brand, supplying plumbing, HVAC, and refrigeration products to residential and commercial contractors, as well as specialist water and wastewater treatment products to infrastructure contractors and PVF solutions to industrial customers.

Comments



Add a public comment...
No comments

No comments yet