Ferguson CEO Kevin Murphy sells $549,843 in company stock

Ferguson CEO Kevin Michael Murphy divested a significant portion of company shares, selling 2,461 shares at prices between $220.63 and $224.50 during October 14 and 15, 2026, for a total of $549,843. This was part of a pre-established Rule 10b5-1 trading plan, with an additional 149 shares received as dividend equivalents upon vesting of Restricted Stock Units.

Separately, 3,111 shares were disposed of for tax withholding purposes. Murphy remains as the largest individual shareholder with 168,440 shares. The stock trades near a 52-week low of $212.13, with analysts indicating potential undervaluation. Ferguson reported a 4.6% increase in net sales for Q2 2026, reaching $8.8 billion, though earnings per share were well below expectations. Despite this, some investment firms have raised their price targets and outlooks for the company.