Ferguson Plc. NYSE:FERG Price, Chart, News & Insight

Ferguson Completes $1.6 Billion FloWorks Acquisition, Expanding Industrial Market Reach

Ferguson Enterprises (NYSE: FERG) has completed its acquisition of FloWorks, expanding the company’s presence in industrial flow-control markets and increasing its total addressable market to approximately $400 billion. The transaction officially closed on August 31 after receiving required approvals and satisfying customary closing conditions.

Ferguson previously agreed to acquire FloWorks from private equity firm Wynnchurch Capital for approximately $1.6 billion. FloWorks specializes in highly technical valves, automation, rotating equipment and fluid-handling products and services, giving Ferguson additional capabilities within non-residential and industrial markets.

The acquisition combines Ferguson’s large North American distribution network and supply-chain infrastructure with FloWorks’ specialized technical expertise. Management expects the combination to strengthen Ferguson’s ability to serve complex construction and industrial customers while creating opportunities to expand product offerings and generate revenue synergies.

Strategically, FloWorks pushes Ferguson further into higher-value, technically demanding non-residential applications and reduces its reliance on traditional residential construction activity. Ferguson already operates across plumbing, HVAC, water and wastewater, appliances, lighting and PVF markets, with approximately 35,000 employees across more than 1,700 locations.

The acquisition represents a meaningful expansion of Ferguson’s addressable market, from roughly $340 billion across its existing residential and non-residential construction markets to approximately $400 billion following the addition of FloWorks. The deal strengthens Ferguson’s industrial distribution capabilities while providing another avenue for growth through specialized, value-added services.

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The Investor 09-02-26

# Ferguson Stock Rises 3.4% After Q2 Earnings and Higher 2026 Guidance

Ferguson Enterprises (NYSE: FERG) shares rose about 3.4% Monday after the plumbing and HVAC distributor reported solid second-quarter growth and raised its full-year 2026 outlook.

Ferguson reported Q2 sales of $8.75 billion, up 4.6% year over year, supported by 3.8% organic growth and a 1% contribution from acquisitions. Reported diluted EPS increased 6.9% to $3.43, while adjusted EPS rose 5.3% to $3.39.

Operating profit increased 6.1% to $893 million, while adjusted EBITDA rose 3.2% to $994 million.

## Ferguson Raises 2026 Sales Outlook

The strongest catalyst for FERG shares appears to be management's improved outlook.

Ferguson now expects 2026 net sales to grow at a mid-single-digit rate, compared with its previous forecast for low- to mid-single-digit growth. The company also tightened its adjusted operating margin forecast to 9.5%-9.8% from 9.4%-9.8%.

The guidance increase is particularly notable given management's acknowledgment that the broader economic environment remains uncertain.

U.S. sales increased 5% during the quarter, with organic growth of 4%. Non-residential revenue was particularly strong, rising 8% as large capital projects and bidding activity remained healthy. Residential revenue returned to growth with a 2% increase despite continued weakness in new housing construction and repair and remodeling markets.

Acquisitions Add to Growth Strategy

Ferguson also continued its acquisition strategy, completing five transactions during the quarter across HVAC, commercial, waterworks and industrial markets.

The company subsequently agreed to acquire FloWorks, a distributor specializing in valves and flow-control solutions. Ferguson said the eight acquisitions announced year-to-date represent approximately $1.4 billion in annualized revenue.

The updated 2026 guidance does not yet include the expected contribution from FloWorks, which is scheduled to close during the third quarter.

Why Is FERG Stock Up Today?

Monday's roughly 3.4% gain appears to reflect a combination of solid earnings, resilient U.S. demand and, most importantly, the upward revision to full-year guidance.

There were some softer points. Gross margin declined 20 basis points to 31%, while adjusted operating margin slipped 10 basis points to 10.7%. Canadian sales also declined 1.9%.

However, these pressures were outweighed by accelerating non-residential demand, renewed residential growth and management's increased confidence in the full-year outlook.

With Ferguson also returning $202 million through share repurchases during the quarter and maintaining relatively modest net leverage of 1.3 times adjusted EBITDA, investors appear to be focusing on the company's ability to continue growing despite a challenging construction and housing environment.

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European Investor 08-10-26

Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announced a dividend of $0.89 per share. The dividend will be paid on April 30, 2026, to stockholders of record as of the close of business on March 6, 2026.

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European Investor 04-13-26

Ferguson Enterprises Inc. (NYSE/LSE: FERG) reported calendar 2025 sales of $31.3 billion, up 5%, with gross margin at 31.0% and operating margin at 8.9% (9.6% adjusted). Diluted EPS rose 24.2% to $10.16 ($10.58 adjusted). Operating cash flow was $2.2 billion.

The company invested $276 million in eight acquisitions, repurchased $0.9 billion of shares and ended the year with net debt to adjusted EBITDA of 1.1x.

For 2026, Ferguson guides to low- to mid-single-digit sales growth, adjusted operating margin of 9.4%–9.8%, capital expenditures of $350–$400 million and interest expense of about $200 million.

Source: Business Wire, February 24, 2026.

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The Investor 02-25-26

On February 18, 2026, the Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) board of directors declared a dividend of $0.89 per share.

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WS Investor 02-19-26

Ferguson Enterprises Inc. announced it will release financial results for the period ended December 31, 2025 on February 24, 2026, and provide an update on market opportunities and strategy.

Results will be published at 6:45 a.m. ET (11:45 a.m. GMT) on the company’s website.

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WS Investor 02-11-26

Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) has confirmed the currency exchange rate applicable to its previously announced dividend for holders of Depositary Interests (DIs).

The company had declared a quarterly dividend of $0.89 per share, payable on February 27, 2026, to shareholders of record at the close of business on January 2, 2026.

For holders of Depositary Interests within CREST, the default payment currency is pounds sterling (GBP), unless an alternative currency election has been made. The applicable exchange rate has been set at:

Dividend declared: $0.89 per share
Exchange rate (GBP/USD): 1.3641

Based on this rate, the dividend for DI holders receiving payment in GBP will be converted from U.S. dollars using the above exchange rate.

Source: Business Wire

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Global Finance News 02-11-26

Ferguson announced the recipients of its 2025 Carrier of the Year awards, honoring logistics partners for outstanding performance, reliability and supply chain leadership. The awards recognize carriers for consistent execution, effective use of technology and collaboration that strengthen Ferguson’s resilient and agile supply chain, according to Senior Vice President of Supply Chain David Simons.

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The Investor 01-25-26

Ferguson reported strong results for the quarter ended October 31, 2025, with sales rising 5.1 percent to $8.2 billion and gross margin improving to 30.7 percent. Operating margin increased to 9.4 percent, and diluted EPS rose 23.9 percent to $2.90. The company continued its capital returns with a higher quarterly dividend of $0.89 and $208 million in share repurchases. Ferguson completed one acquisition and ended the quarter with low leverage at 1.1x net debt to adjusted EBITDA.

The U.S. business grew 5.3 percent, driven by 12 percent non-residential growth, while residential markets remained soft. Canada increased sales modestly but faced weaker markets and foreign-exchange pressure. Ferguson raised its full-year 2025 guidance, now expecting around 5 percent sales growth, operating margin between 9.4 and 9.6 percent, and capital expenditures near $350 million.

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European Investor 12-09-25

Ferguson reported sales of 8.2 billion dollars for the quarter ended October 31, 2025, a 5.1 percent increase from the prior year, supported by continued strong execution and double-digit growth in non-residential revenue. Gross margin improved to 30.7 percent, up 60 basis points, while operating margin rose to 9.4 percent. Diluted earnings per share reached 2.90 dollars, up 23.9 percent year over year.

The company raised its quarterly dividend to 0.89 dollars, reflecting a 7 percent increase, and repurchased 208 million dollars of shares. Ferguson also completed one acquisition during the quarter and ended the period with a solid balance sheet, including net debt to adjusted EBITDA of 1.1 times.

CEO Kevin Murphy said Ferguson remains well-positioned to deliver a strong full-year performance, citing scale advantages, ongoing market outperformance, and multiyear tailwinds across both residential and non-residential sectors.

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The Investor 12-09-25

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