STOCK TITAN

Ferguson Enterprises - FERG STOCK NEWS

Welcome to our dedicated page for Ferguson Enterprises news (Ticker: FERG), a resource for investors and traders seeking the latest updates and insights on Ferguson Enterprises stock.

Ferguson Enterprises (FERG) delivers essential plumbing, HVAC, and construction supplies through North America's most extensive value-added distribution network. This news hub provides professionals and investors with timely updates on operational developments, financial performance, and strategic initiatives shaping the industrial distribution sector.

Access consolidated coverage of earnings announcements, product innovations, and leadership updates. Our repository includes press releases on supply chain advancements, technology partnerships, and market expansion efforts – all critical for understanding Ferguson's role in commercial construction ecosystems.

Key updates feature maintenance/repair sector trends, infrastructure project participation, and sustainability initiatives. Bookmark this page to monitor how Ferguson's branch network optimization and digital transformation strategies impact its position as a plumbing/HVAC market leader.

Rhea-AI Summary

Ferguson (NYSE: FERG; LSE: FERG) has announced it will release its first quarter results on Tuesday, December 10, 2024. The results will be published on Ferguson's website at 6:45 a.m. ET/11:45 a.m. GMT, followed by a conference call and webcast presentation for analysts and investors at 8:30 a.m. ET/1:30 p.m. GMT. A slide presentation will be available 15 minutes before the event, and both the webcast and slides will remain accessible on the company's website for 12 months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
conferences earnings
-
News
Rhea-AI Summary

On October 31, 2024, Ferguson Enterprises filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC). This filing is accessible on the SEC's website and on Ferguson's SEC Filings page at corporate.ferguson.com/investor/financial-information/sec-filings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
Rhea-AI Summary

Ferguson Enterprises Inc. (FERG) reported transactions by Persons Discharging Managerial Responsibilities (PDMRs) in the company's common stock. On October 14, 2024, conditional shares granted under the LTIP, OSP, and POSP in October 2021 automatically vested. Nine PDMRs sold shares on the same day. On October 15, 2024, the company granted Performance Awards, Restricted Stock Unit Awards, and Non-Qualified Stock Option Awards under the 2023 Omnibus Equity Incentive Plan. The press release details transactions for several executives, including CEO Kevin Murphy, CFO William Brundage, and other senior leaders, specifying the number of shares vested, sold, and granted under various plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
Rhea-AI Summary

Ferguson Enterprises Inc. has filed its Definitive Proxy Statement, Definitive Additional Proxy Soliciting Material, and Annual Report with the SEC on October 15, 2024. These documents are available on the SEC's website and Ferguson's corporate website. The company's 2024 annual meeting of stockholders is scheduled for December 5, 2024, at 9:00 a.m. ET in Norfolk, Virginia.

Ferguson has opted to provide shareholders with online access to proxy materials. A Notice of Internet Availability was mailed to shareholders on October 15, 2024, containing instructions for accessing the 2024 Annual Report and Proxy Statement online. Shareholders can request printed or electronic copies of these materials. The record date for attending and voting at the Annual Meeting is October 9, 2024. Deadlines for proxy voting are December 2 for U.K. Depositary Interest Holders and December 4 for registered shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
none
-
Rhea-AI Summary

Ferguson Enterprises Inc. has filed important documents with the U.S. Securities and Exchange Commission (SEC) on October 3, 2024. These filings include:

  • A Prospectus Supplement to the automatic shelf registration statement dated September 30, 2024, as amended by the Prospectus Supplement dated October 1, 2024
  • Form 8-K

Investors and interested parties can access these documents on the SEC's official website at sec.gov. Additionally, the filings are available on the SEC Filings page of Ferguson's corporate website at corporate.ferguson.com/investor/financial-information/sec-filings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
Tags
none
-
Rhea-AI Summary

Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) has priced a public offering of $750 million in 5.000% senior unsecured notes due 2034. The notes will be fully guaranteed by Ferguson UK Holdings , an indirect subsidiary of Ferguson. The offering is expected to close on October 3, 2024, subject to customary conditions.

Ferguson plans to use a portion of the net proceeds to prepay certain outstanding term loans, with the remaining funds allocated for general corporate purposes. The offering is being made through a shelf registration statement filed with the SEC, with BofA Securities, J.P. Morgan Securities, and RBC Capital Markets acting as joint book-running managers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
none
News
Rhea-AI Summary

Ferguson Enterprises Inc. has filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2024, with the U.S. Securities and Exchange Commission (SEC) on September 25, 2024. This important financial document is now accessible to the public through two primary channels:

1. The SEC's official website at sec.gov
2. The SEC Filings page on Ferguson's corporate website at corporate.ferguson.com/investor/financial-information/sec-filings

This filing represents a important step in Ferguson's financial reporting process, providing comprehensive insights into the company's performance and financial position for the 2024 fiscal year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
none
-
Rhea-AI Summary

Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity from September 16 to 20, 2024, as part of its $4.0 billion share repurchase program. The company purchased a total of 94,742 shares across various trading venues. Daily purchase volumes ranged from 1,000 to 52,992 shares, with weighted average purchase prices between $196.15 and $207.45 per share.

Following these purchases, Ferguson now holds 656,773 shares in treasury, with 200,686,480 remaining shares of common stock in issue. The company intends to use this figure as the denominator for calculations related to interest notifications under the Disclosure Guidance and Transparency Rules.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
buybacks
-
Rhea-AI Summary

Ferguson Enterprises Inc. has issued restricted stock units to two Non-Employee Directors under its 2023 Omnibus Equity Incentive Plan. Rekha Agrawal and Richard Beckwitt each received 295 restricted stock units on September 19, 2024. These awards have no performance conditions and will vest at the next annual meeting of stockholders, subject to continued service. No consideration is payable at allocation or on vesting. The transactions were made outside a trading venue and reported in accordance with the EU Market Abuse Regulation as it applies to UK law.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
none
Rhea-AI Summary

Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) has reported its weekly share repurchase activity from September 9-13, 2024, as part of its $4.0 billion share repurchase program. The company bought back a total of 167,825 shares during this period. Daily purchase volumes ranged from 33,800 to 38,000 shares, with weighted average prices between $186.94 and $192.39. Following these purchases, Ferguson holds 562,031 shares in treasury, with 200,781,222 shares remaining in issue. This figure can be used by shareholders for calculating notification obligations under the Disclosure Guidance and Transparency Rules.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
buybacks
Ferguson Enterprises

NYSE:FERG

FERG Rankings

FERG Stock Data

32.59B
193.18M
2.46%
92.31%
1.56%
Industrial Distribution
Wholesale-hardware & Plumbing & Heating Equipment & Supplies
Link
United States
NEWPORT NEWS