StockNews.AI
FERG
StockNews.AI
14 days

Ferguson closes the fiscal year with nine acquisitions

1. FERG closes four acquisitions, adding $300 million in annualized revenue. 2. Total nine acquisitions completed last fiscal year, enhancing market presence.

M&A
-0.59%Current Return
VS
+0.23%S&P 500
$225.3108/05 07:07 AM EDTEvent Start
$223.9908/06 01:41 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

These acquisitions will likely strengthen FERG's market position and revenue streams, similar to past successful expansions that boosted stock prices.

How important is it?

The acquisitions directly boost FERG's revenue and market footprint, signaling a bullish outlook for investors.

Why Long Term?

The sustained revenue growth from these acquisitions positions FERG well for future profitability, echoing trends seen in previous fiscal performances.

Related Companies

ABCXYZMNO
NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces the closing of four acquisitions during its fourth quarter: HPS Specialties, LLC, Ritchie Environmental Solutions, LLC, Manufactured Duct & Supply Company and Water Resources, Inc. The company closed on nine acquisitions last fiscal year, which ended July 31, 2025, with aggregate annualized revenues of approximately $300 million. HPS Specialties, LLC HPS Specialties is a manufacturer's representa.

Related News