Why Is FERGUSON ENTERPRISES (FERG) Stock Up Today?

Ferguson Enterprises shares surged 11.15% to $259.77 on Monday, driven by third-quarter results that exceeded market expectations. The company also raised its full-year 2026 revenue guidance to up to 7% growth, signaling stronger demand in the nonresidential sector.

What Happened

Ferguson reported third-quarter non-GAAP earnings per share of $3.43, which beat the consensus estimate of $3.30 by $0.14. Revenue for the quarter reached $9.026 billion, surpassing the $8.736 billion estimate by $310 million. The company filed a Form 8-K on November 9, 2026, to disclose these results. Management attributed the stronger outlook to robust nonresidential demand. Citigroup upgraded the stock to Buy following the announcement. The earnings beat reinforced confidence in the sustainability of the company’s dividend.

What The Data Shows

The stock opened at $242.00, a 3.6% gap up from the prior close of $233.70. It hit a session high of $261.99 at 9:30 AM ET and a low of $241.99 at 9:20 AM ET. Volume stood at 0.3 million shares, which is 0.1 times the three-month daily average. The company has a market capitalization of $45.2 billion and a P/E ratio of 22.8. Trailing twelve-month revenue growth is 5.0%, with a net margin of 6.3%. The stock carries a beta of 1.11 and a dividend yield of 1.52%. It printed three fresh 52-week highs on November 9, 2026. The 52-week range is $212.13 to $271.64. Over the last eight sessions, the stock had moved down 2.6% from $222.51 to $216.73. Insider activity shows 14 sells totaling $8.6 million in the last 90 days, with no buys. Congressional disclosures show three buys and no sells in the same period.

What To Watch

Investors will monitor how the raised revenue guidance plays out in the coming quarters. The recent surge in 52-week highs suggests strong momentum, while the low volume relative to average levels may indicate a need for further confirmation in trading activity.