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FERG
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Ferguson Reports Fourth Quarter and Year End Results

1. Ferguson (FERG) completed nine acquisitions and continued share buybacks. 2. CEO noted strong performance despite market challenges and focused on organic growth.

Earnings
+9.22%Current Return
VS
+0.09%S&P 500
$214.5309/16 06:54 AM EDTEvent Start
$234.3209/16 09:32 AM EDTLatest Updated
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FAQ

Why Bullish?

Ferguson's continued growth through acquisitions and share buybacks reflects ongoing financial strength. Historical patterns show that similar strategies have led to positive investor sentiment and stock price increases.

How important is it?

The article highlights strategic maneuvers that may positively influence FERG's market perception and stock valuation.

Why Long Term?

Investments in key growth areas and acquisitions enhance FERG’s competitive position, likely benefiting long-term performance.

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NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG). Kevin Murphy, Ferguson CEO, commented “Our associates delivered strong results to finish the year, as they continued to serve our customers and execute our strategy in a challenging market environment. Throughout the year, we invested in key growth areas to drive further organic growth, completed nine acquisitions, grew our dividend and continued to execute our share buyback program, while maintaining a stron.

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