Ferguson Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Report - Ferguson Enterprises Inc. is set to release its fourth-quarter earnings results on September 16, with expected earnings of $3.01 per share, an increase from $2.98 per share in the same period last year [1] - The company is projected to report quarterly revenue of $8.39 billion, up from $7.95 billion a year earlier [1] Dividend Declaration - On September 11, Ferguson's board declared a dividend of 83 cents per share [2] - Following the announcement, Ferguson Enterprises shares rose by 0.7%, closing at $225.72 [2] Analyst Ratings - Wells Fargo analyst Sam Reid maintained an Overweight rating and raised the price target from $230 to $250 [4] - Morgan Stanley analyst Annelies Vermeulen also maintained an Overweight rating, increasing the price target from $195 to $220 [4] - Truist Securities analyst Keith Hughes maintained a Buy rating [4] - Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and raised the price target from $189 to $235 [4] - RBC Capital analyst Mike Dahl maintained an Outperform rating, increasing the price target from $189 to $231 [4]