Ferguson Holdings Ltd (LON:FERG) declared a dividend on Tuesday, October 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 24th will be given a dividend of $1.45 per share on Thursday, November 28th. This represents a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, October 24th. This is an increase from Ferguson’s previous dividend of $0.63. The official announcement can be viewed at this link.
FERG stock opened at GBX 6,520 ($85.20) on Tuesday. The company has a debt-to-equity ratio of 54.02, a current ratio of 1.72 and a quick ratio of 1.04. The stock has a market capitalization of $14.63 billion and a P/E ratio of 13.65. The business has a 50-day moving average of GBX 6,176.96 and a 200-day moving average of GBX 5,737.96. Ferguson has a fifty-two week low of GBX 4,594 ($60.03) and a fifty-two week high of GBX 6,516 ($85.14).
Several research firms have recently weighed in on FERG. Jefferies Financial Group upped their price objective on Ferguson from GBX 6,127 ($80.06) to GBX 6,702 ($87.57) and gave the stock a “buy” rating in a research report on Thursday, August 8th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Ferguson in a research report on Tuesday, September 3rd. Barclays reaffirmed an “overweight” rating on shares of Ferguson in a research report on Wednesday, September 4th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 6,125 ($80.03) price objective on shares of Ferguson in a research report on Tuesday, October 1st. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Ferguson in a research report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Ferguson has a consensus rating of “Hold” and an average price target of GBX 5,977.13 ($78.10).
Ferguson plc distributes plumbing and heating products in the United States, the United Kingdom, Canada, and Central Europe. It offers plumbing and heating solutions to customers in the residential, municipal, civil and industrial markets, and commercial sectors for repair, maintenance, and improvement (RMI), as well as new construction markets.
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