Ferguson chief digital & info. officer sells $594,757 in shares

Ferguson Enterprises Inc. (FERG) disclosed on November 12, 2026, that its Chief Digital & Info. Officer, James A. Paisley, had sold 2,300 shares of the company's common stock for a total of $594,757. The transaction occurred on November 10, 2026, at a price of $258.59 per share. Following the sale, Paisley retained ownership of 5,262.643 shares of Ferguson Enterprises common stock.

The sale coincided with Ferguson's stock experiencing a 9.74% increase over the previous week, reaching a price near its 52-week high of $271.64. Analysts have noted that the stock appears overvalued based on its current price-to-earnings ratio of 25.45. Ferguson Enterprises reported fiscal third-quarter 2026 earnings, with diluted earnings per share of $3.43, which were below the anticipated $3.54.

However, revenue grew by 9.5% to $9.03 billion, with organic growth contributing 7% and acquisition growth adding 2.7%. Operating profit also increased by 8.9%, leading management to raise full-year guidance. In response to these results, RBC Capital increased its price target for Ferguson to $288 and maintained an Outperform rating.

Bernstein SocGen Group also reiterated an Outperform rating with a $325 price target, emphasizing growth in non-residential construction and data centers. These developments highlight Ferguson's broader operating strength amidst a challenging residential market.