
What smart money is saying about Ferguson plc
5 funds in our archive have pitched Ferguson plc — most recently Clearbridge Sustainability Leaders Strategy in December 2025.
Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also distributes pipes, valves, fittings, plumbing supplies, water heaters, kitchen and bathroom fixtures, and appliances; heating, ventilation, air conditioning, and refrigeration products and supplies; and plumbing parts and supplies, fire sprinkler systems, hangers, struts, and fasteners. In addition, it distributes water meters and automation products, irrigation and drainage products, geosynthetics, and stormwater management products; flanges, general industrial maintenance repair and operations products, high density polyethylene products, and fabrication products; water and wastewater treatment products; and PVF solutions. Further, the company offers services, including consultation, advice and project management, pro pick-up, and delivery services; online tools; quotation, jobsite delivery and logistics, project management, and fabrication services; digitally enhanced estimation, and design services; advanced metering infrastructure services; and supply chain and equipment rental services. The company also sells its products through online channels. It operates a network of 1,679 branches and 11 distribution centers. Ferguson plc was founded in 1887 and is headquartered in Wokingham, the United Kingdom.
Fund coverage · 5 theses
- Clearbridge Sustainability Leaders StrategyDecember 2025
Ferguson is the largest U.S. plumbing and mechanical distributor with scale, service, and cash flow advantages that support share gains and growth in data center and infrastructure projects.
Read the full thesis - Brasada CapitalSeptember 2025
Ferguson is the largest specialty distributor in North America for plumbing, HVAC, and waterworks, demonstrating resilience in revenue despite housing market weaknesses and showing potential for growth through strategic acquisitions and strong demand in non-residential sectors.
Read the full thesis - Spheria Global Opportunities FundJune 2025
Ferguson Enterprises is the market leader in U.S. wholesale distribution of plumbing, HVAC, and waterworks products, experiencing a positive turning point with increasing price inflation and strong volume growth, making its stock attractively valued at 17x FY26 EBIT.
Read the full thesis - Diamond Hill Large Cap Concentrated FundMarch 2025
Ferguson is a leading US distributor of plumbing and HVAC products, well-positioned to benefit from scale in a fragmented market, with current share prices reflecting potential macroeconomic headwinds.
Read the full thesis - Giverny CapitalDecember 2024
Ferguson is the largest plumbing-supplies distributor in the US
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